Q4 2023 MGI Media & Games Invest SE Earnings Call Transcript

Feb 29, 2024 / 12:00PM GMT
Remco Westermann - MGI - Media and Games Invest SE - CEO & Director

Thank you. Yeah, also good morning from our side. Welcome to investors analysts and other stakeholders. And we're happy to present the Q4 report and of course, also the full year numbers for '23. I would like to start with giving a bit of an overview, both can be up.

Yeah, what happened. 2023 was a very strange year we had still from starting already 2022, of course, pressure on the markets. People saving their marketing budgets, pausing their marketing budgets, but we have seen really strong growth in Q4 and yeah, 16% organic growth after we did 1% in the quarters before, roughly which quarter we're really happy to present that.

What did we do in 2023. Yeah, and also in especially Q4 streamlining operations so it really looks that we have our cost base flexible I will go in more details on the next slides. Then strategic investments in data and AI improved our direct supply position and winning market share.

So those are the drivers, the main drivers in 2023 in Q4, and we are also happy and that's on the

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