DEKUPLE Group Reports Strong H1 2026 Growth and Profitability

DEKUPLE Group, an international Communication and Data Marketing company, reported strong growth and improved profitability in the first half of 2026. The company’s revenue for the period reached €121.9 million, a 3.9% increase from the same period in 2025. Net revenue stood at €90.3 million, up 2.2% year-over-year. The restated EBITDA amounted to €11.9 million, marking a 11.7% increase, and the EBITDA margin rose to 13.2% of net revenue, up 111 basis points from the challenging first half of 2025.

Digital Marketing activities, which represent 72.7% of consolidated revenue, saw a net revenue increase of 8.4%, including a 6.0% increase on a like-for-like basis. This growth was driven by strong momentum in Consulting & Technology and Agencies & Solutions. International activities also showed strong growth, with net revenue increasing by 37.1%. International operations now account for 15.3% of Group net revenue, up from 11.4% in the same period last year. The Group continued its international expansion strategy, notably through the creation of Das Kapital DEKUPLE Group in the Middle East and the acquisition of Subko & Co in Poland, with their results consolidated from July 1, 2026.

The Magazines business recorded a 7.0% decline in net revenue in a structurally declining press market. The Group continues to manage its commercial investments selectively to preserve the recurring nature and quality of its revenues. In Insurance, the strategic review is ongoing to identify the most appropriate options to support the business’s long-term development as part of the Ambition 2030 plan.

Income from ordinary operations amounted to €8.1 million, representing 8.9% of first-half net revenue, compared to €6.5 million and 7.4% in the first half of 2025. EBIT also reached €8.1 million, compared to €6.4 million in the first half of 2025. These results reflect solid growth in earnings from Agencies & Solutions, driven by the increasing contribution of international operations and the development of technology offerings. Consulting profitability remained affected by continued investment in international development and by increased investment in AI and technology, despite a slight improvement in project profitability. The lower contribution of the Magazines business to profitability was given the decline in the portfolio.

After a net financial expense of €0.5 million and an income tax expense of €1.7 million, consolidated net income amounted to €5.8 million, representing a net margin of 6.4% of net revenue, compared to 4.2% in the first half of 2025. After non-controlling interests, net income (Group share) amounted to €6.1 million, up 58.9% compared to the first half of 2025.

The Group’s shareholders’ equity at June 30, 2026, amounted to €55.6 million, up €0.9 million compared to December 31, 2025 (€54.7 million). Group cash stood at €45.3 million, compared to €55.0 million at December 31, 2025, and €45.8 million at June 30, 2025. Financial debt was €58.0 million, down €3.2 million compared to year-end 2025 (€61.2 million). Net cash/(debt) therefore amounted to €(12.7) million, compared to €(6.3) million at year-end 2025 and €(7.8) million at June 30, 2025.

Building on this momentum and a solid financial structure, DEKUPLE Group is confident as it approaches the second half of the year. The company’s priority is clear: continue rolling out Ambition 2030, accelerate its expansion in Europe, and strengthen synergies between its businesses to become a major growth partner for brands.