HOPSCOTCH GROUPE Confirms Half-Year Financial Results

Paris, September 30, 2026 at 5:30 p.m., HOPSCOTCH GROUPE, a communications consulting group and a leading player in digital, public relations, and events, today reported its 2026 half-year results. Despite a weaker first half of 2026, the company maintained solid operational and financial fundamentals.

The Group generated revenue of €116.7 million in the first half of 2026, which was broadly in line with the previous year. However, half-year gross profit amounted to €43.0 million, down 6.3% compared to the first half of 2025. This decline reflects an unfavorable global economic environment, primarily affecting international activities such as the discontinuation of operations in the Gulf countries, international trade with countries like the United States and China, and a high comparison base resulting from strong activity in Japan last year related to the Osaka World Expo.

In France, the Group recorded stable performance across its core businesses. The Group continues to benefit from the unique complementarity of its businesses, including Events, Digital, PR, and Influence, its proprietary international network, and its positioning, which fosters innovation.

Consolidated H1 2026 results show a loss of €2.787 million in current operating income, down €3.522 million from the first half of 2025. Half of this decline is attributable to the lower level of activity, partially offset by savings in direct operating costs. The other half reflects purely accounting items that had an unfavorable impact compared to the previous year, such as provisions and the decrease in other operating income.

Personnel expenses amounted to €33.195 million, representing an apparent decrease of 1.2%, or 3% excluding the technical accounting cost related to the free share award granted during the half-year. Operating expenses remained stable at €9.826 million compared to the previous year. Lease expenses (IFRS 16) remained unchanged at €1.962 million.

EBITDA/AL (i.e., after neutralizing the accounting impact of IFRS 16 relating to the capitalization of lease expenses) amounted to a loss of €1.984 million, down from €1.465 million in the first half of 2025. Net depreciation and provision expense amounted to €2.558 million, including €1.962 million of depreciation on leases under IFRS 16, compared to €1.726 million in the previous year.

Consolidated current operating income for the first half of 2026 amounted to a loss of €2.787 million, down from €735 thousand in the first half of 2025. The latter period also benefited from €960 thousand in net other operating income relating to various historical items that had become time-barred, which did not recur in 2026.

After a financial result of negative €882 thousand and corporate income tax of €25 thousand, net income for the period amounted to a loss of €3.694 million. Financial strength was confirmed by continued deleveraging, with shareholders' equity at €28.2 million and net financial cash at €9.3 million. The Group continued its deleveraging strategy, bringing financial debt excluding IFRS 16 lease liabilities to €22.2 million, of which €9.2 million is due within one year.

Long-term growth and profitability targets were reaffirmed, with the second half of the year supported by the Paris Motor Show in early October. The Group's strength lies in the diversity of its activities, its extensive geographic footprint, and its broad and diversified client base. This multidimensional diversification enables the Group to navigate an unfavorable cycle through alternative growth drivers.

HOPSCOTCH GROUPE was named "Global Agency of the Year" by PRovoke Media in 2026. The group represents a turnover of €270.8 million and a gross margin of €98.8 million in 2025. The company is listed on Euronext Growth Paris (ISIN code: ALHOP FR 00000 6527 8).

The Group's financial strength and its long-term growth and profitability targets were reaffirmed, with the second half of the year expected to be supported by the Paris Motor Show in early October. The company's diverse activities, extensive geographic footprint, and broad client base enable it to navigate an unfavorable cycle through alternative growth drivers. Financial strength was confirmed by continued deleveraging, with shareholders' equity at €28.2 million and net financial cash at €9.3 million. The Group continued its deleveraging strategy, bringing financial debt excluding IFRS 16 lease liabilities to €22.2 million, of which €9.2 million is due within one year.