Artificial Intelligence
Highco: Q1 2022 Gross Profit
Aix-en-Provence, 26 April 2022 (6.00 p.m.)
HIGHCO: Q1 2022 BUSINESS GROWTH IN LINE WITH EXPECTATIONS (GP UP 1.1%); 2022 GUIDANCE CONFIRMED
Q1 2022 Business growth driven by digital
- Q1 2022 gross profit1 of €18.8 M, up 1.1% on a reported basis and LFL2.
- Strong performance of digital businesses (Q1 up 5.7% LFL) with very sharp growth in Mobile; decline in offline businesses (Q1 down 6.6% LFL).
- Business growth in France (Q1 up 1% LFL) and in International business (Q1 up 1.8% LFL).
2022 guidance confirmed
HighCo Venturi Startup Studio: First equity investment and development of projects under way
2021 Annual Financial Report and Annual General Meeting on 16 May 2022
| (€ M) | 2022 | 2021 | 2022/2021 Change |
| Q1 Gross Profit 1 | 18.80 | 18.59 | +1.1% |
1 Unaudited data.
2 Like for like: Based on a comparable scope and at constant exchange rates (i.e. applying the average exchange rate over the period to data from the compared period).
Didier Chabassieu, Chairman of the Management Board, stated, “HighCo’s start to the year was in line with expectations, with slight growth driven by two main trends. First, growth in Mobile businesses picked up significantly (up 21.2%). And second, the inflationary environment has led to sharp growth in the volume of discount coupons, with purchasing power a key concern for consumers. To support our clients in accelerating the retail transformation, we will continue investing in innovation in two key areas: the shift towards digital promotions and the emergence of Web3 retail.”
Q1 2022 BUSINESS GROWTH DRIVEN BY DIGITAL
As anticipated, HighCo showed slight growth in Q1 2022 and posted a 1.1% increase in gross profit to €18.8 M.
This change is mainly due to:
- Double-digit growth in Mobile (up 21.2%);
- Healthy performance of coupon clearing with increasing volumes (up 9%);
- Slight drop in the management of traditional promotions;
- Decline in marketing & communication consulting businesses in France (down 14.2%).
These factors resulted in 5.7% growth in Digital for Q1 2022. Its share in total Group gross profit rose significantly, from 62.6% in Q1 2021 to 65.5% in Q1 2022. Meanwhile, offline businesses fell 6.6% over the quarter.
Growth in France and International business
| FRANCE | Gross Profit (in € M) | 2022/2021 Change | % Total gross profit | |
| 2022 | 2021 | |||
| Q1 | 16.14 | 15.98 | +1% | 85.9% |
In France, Q1 2022 gross profit grew slightly, by 1% to €16.14 M and accounted for 85.9% of the Group’s gross profit. The main reasons for this growth are: double-digit growth in Mobile businesses (up 20.8%), the substantial rise in volumes of coupons cleared (up 11%), and the decline in the management of traditional promotions and in marketing & communication consulting businesses.
Digital rose 6.9% in Q1 2022, representing two-thirds of total business activities. Impacted by the loss of a marketing & communication consulting client, offline businesses fell 9.1% over the quarter.
| INTERNATIONAL | Gross Profit (in € M) | 2022/2021 Change | % Total gross profit | |
| 2022 | 2021 | |||
| Q1 | 2.65 | 2.61 | +1.8% | 14.1% |
In International business, Q1 2022 gross profit grew 1.8% to € 2.65 M and accounted for 14.1% of the Group’s gross profit.
In Belgium, gross margin increased 0.3%. Performance was driven by growth in coupon clearing businesses and the slowdown in promotion management. The share of Digital in Belgian businesses represented 52.7% of gross profit.
With double-digit growth (up 13.5%), business in other countries (Spain and Italy) was stronger and accounted for 1.9% of the Group’s gross profit.
2022 GUIDANCE CONFIRMED
The Group points out that it is not directly or indirectly active in the regions involved in the Russia-Ukraine conflict. However, the ongoing war, on top of the Covid-19 pandemic which continues to spread, is creating uncertainty.
In this complex and changing environment, HighCo remains watchful of the potential impact on its brand and retailer clients, in particular the consequences of the sharp rise in commodities prices and in inflation.
Given the performance reported in Q1 and the business growth outlook expected for Q2 (comparable to Q1 reported growth), the Group has confirmed its guidance for 2022:
- Slight growth in gross profit (2021 gross profit: €76.52 M);
- A rise in adjusted operating margin (adjusted headline PBIT/gross profit) of 50 basis points (2021 adjusted operating margin: 20.3%).
HIGHCO VENTURI STARTUP STUDIO: FIRST EQUITY INVESTMENT AND DEVELOPMENT OF PROJECTS UNDER WAY
Having radically changed the way we do things, the Covid-19 crisis has accelerated the retail transformation. Brands and retailers face huge new challenges: the transformation of physical points of sale, strong growth in e-commerce, development of m-commerce and social media, and the emergence of Web3.
Through its startup studio HighCo Venturi, HighCo continues to invest in innovation to support its clients in accelerating the retail transformation in two key areas: the shift towards digital promotions and the emergence of Web3 retail.
Shifting towards digital promotions
In an inflationary environment in which purchasing power is a key concern for consumers, promotions are central to the strategy of brands and retailers.
Through its growth stage startups and a first equity investment, HighCo invests in creating solutions to:
- develop digital coupons, and
- provide retailers with a technological platform for managing promotions.
1) DEVELOPING DIGITAL COUPONS
Universal mobile discount coupons: HighCo Nifty continues its development with the aim of simplifying access to brand generosity. Developed in a first phase in pharmacy chains (6,000 pharmacies will be covered by the end of 2022), this solution will next be rolled out to food retailers.
Smart discount coupons: HighCo Coupon[AI] lets brands optimise their generosity strategy using the artificial intelligence of its decision-making and recommendation engines. Big-name brands such as Danone and Blédina use this solution to optimise the ROI of their relational programmes by industrialising campaign personalisation based on their first-party data.
2) PROVIDING RETAILERS WITH TOOLS FOR MANAGING PROMOTIONS
HighCo announces its equity investment in the launch of the very first SaaS centralised promotion management platform.
In the context of the increasing use of promotions, retailers are faced with a growing need for automated management, campaign planning, regulatory compliance, and so forth. This situation is what led the startup RetailTech founded by Martin Rennert to develop its technological platform Unipromo for retailers. HighCo has invested €0.5 M in the first funding round, acquiring one-third of the share capital.
Supporting the emergence of Web3 retail
Virtual commerce may still be nascent, but HighCo is already guiding brands and retailers in their first steps towards Web3 through a comprehensive offering: creating a collection of non-fungible tokens (NFTs), buying lands in the metaverse, developing interfaces with e-commerce, and more.
For example, HighCo has recently worked with the French department store chain Printemps to create its very first virtual and immersive shopping experience. In the 3D digital shop, users can buy a selection of exclusive items and participate in a drawing to win NFTs of art works.
2021 ANNUAL FINANCIAL REPORT AND 2022 ANNUAL GENERAL MEETING
HighCo’s 2021 Universal Registration Document was filed with the Autorité des Marchés Financiers (French financial markets authority) on 21 April 2022 under No. D22-0325. The document contains the annual financial report and is available on HighCo’s website (www.highco.com), under Investors > Regulated information > Annual Financial Report.
The Annual General Meeting will be held at the head office in Aix-en-Provence on 16 May 2022. A dividend of €0.32 per share for FY 2021 will be proposed at the meeting, representing a substantial increase. Payment is scheduled for 23 May 2022 (ex-dividend date of 19 May 2022). The cancellation of treasury shares equal to at least 8% of the share capital will also be proposed.
If measures are taken that would prevent in-person attendance, the Management Board could decide to hold the meeting under closed session. The shareholders would be informed and are encouraged to check the Company website regularly at: https://www.highco.com/investisseurs/assemblee-generale/.
GOVERNANCE
HighCo announces that Céline Dargent has resigned from the Management Board today. The Supervisory Board has noted the resignation and decided not to appoint a replacement. The Management Board now has two members: Didier Chabassieu, Chairman of the Management Board, and Cécile Collina-Hue, member of the Management Board and Managing Director. HighCo reiterates that the Management Board works closely with the Executive Committee, which is made up of business unit managers and experts in strategy and in overseeing the Group’s operations and management.
About HighCo
As an expert in data marketing and communication, HighCo continuously innovates to work with brands and retailers in meeting the retail challenges of tomorrow.
Listed in compartment C of Euronext Paris, and eligible for SME equity savings plans (“PEA-PME”), HighCo has more than 500 employees and has achieved Platinum status from EcoVadis, meaning that the Group is ranked in the top 1% of companies in terms of CSR performance and responsible purchasing.
Your contacts
Cécile Collina-Hue Cynthia Lerat
Managing Director Press Relations
+33 1 77 75 65 06 +33 1 77 75 65 16
[email protected] [email protected]
Upcoming events
Publications take place after market close.
Q2 and H1 2022 Gross Profit: Thursday, 21 July 2022
2022 Half-year Earnings: Wednesday, 24 August 2022
Conference call on 2022 half-year earnings: Thursday, 25 August 2022
Q3 and 9-month YTD 2022 Gross Profit: Wednesday, 19 October 2022
Q4 and FY 2022 Gross Profit: Wednesday, 25 January 2023
HighCo is a component stock of the indices CAC® Small (CACS), CAC® Mid&Small (CACMS), CAC® All-Tradable (CACT), Euronext® Tech Croissance (FRTPR) and Enternext® PEA-PME 150 (ENPME).
ISIN: FR0000054231
Reuters: HIGH.PA
Bloomberg: HCO FP
For further financial information and press releases, go to www.highco.com
This English translation is for the convenience of English-speaking readers. Consequently, the translation may not be relied upon to sustain any legal claim, nor should it be used as the basis of any legal opinion. HighCo expressly disclaims all liability for any inaccuracy herein.
Attachment
Artificial Intelligence
How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024
HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.
Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence
Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177013645
Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
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Artificial Intelligence
CluePoints Launches Medical & Safety Review (MSR) Software to Revolutionize Clinical Data Review
CluePoints furthers its commitment to delivering innovative solutions that enhance clinical trial efficiency with this latest addition to its enterprise software platform.
KING OF PRUSSIA, Pa., Sept. 27, 2024 /PRNewswire/ — CluePoints continues to transform clinical trial review and leverage its industry-leading software to enhance the interrogation, analysis and presentation of data with the launch of its latest application, Medical & Safety Review (MSR).
The tool simplifies and streamlines the medical analysis of study data through user-friendly dashboards, data manipulation and cleaning, query management and full transparency over the data history. This not only improves efficiency and communication in medical oversight, but also elevates patient safety, differentiating MSR as a smarter and unique solution.
Designed by, and for Medical and Safety Reviewers, MSR converts the manual analysis of patient outcomes, which can be prone to inefficiency and error, into an accurate, efficient process. MSR tackles time-consuming study preparation for specific visualizations by featuring a comprehensive standard visualization library as well as the ability to copy and reuse dashboards across different studies, enabling the identification of outlying values, change tracking, and improved communication for smarter clinical trials.
Other benefits of MSR include:
Enhanced medical review efficiency and reduced human errors via automated checksReduced time spent by clinical and data management teams in reviewing dataImproved collaboration with integrated review workflows across departmentsEnsured record quality and accountability with comprehensive change trackingDriving faster decision making with the proactive detection of trends and safety issuesEnsuring regulatory compliance with rule-based detection and user assignmentsAndy Cooper, Chief Executive Officer at CluePoints, commented, “We are thrilled to announce the launch of Medical & Safety Review to our growing product offerings. MSR is the latest application addition to the CluePoints platform, which includes products such as Risk-Based Quality Management (RBQM) and our Site Profile & Oversight Tool (SPOT). Together, they provide a comprehensive approach to clinical trial optimization, enhancing data integrity, ensuring regulatory compliance, and accelerating drug development. The creation of MSR ensures a more streamlined review process while prioritizing patient safety at every step and empowers medical teams to swiftly identify outliers, track data changes, and improve communication.”
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of Artificial Intelligence using Advanced Statistics and Machine Learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
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