HighCo, a marketing and communications specialist, announced on Wednesday that it had increased its margin in 2022, thanks to the good performance of its mobile activities.

The group, which supports brands and retailers in accelerating their digital transformation, last year posted income from ordinary activities (IOA) up 4% to 16.2 million euros.

Its operating margin, meanwhile, rose to 21%, an increase of 70 basis points.

In its press release, HighCo explains that it plans to increase its dividend by 25% to 0.40 euros per share, while continuing its share buyback program.

With regard to its outlook for 2023, the company said it was counting on an operating margin in the region of 21%, while continuing to invest in the projects launched by its start-up studio HighCo Venturi.

Following this publication, HighCo shares were up 0.8% late Wednesday morning on the Paris Bourse.

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