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HighCo INTELLIGENT MARKETING Aix - en - Provence , 20 July 2021 ( 6.00 p.m. ) HIGHCO : Q2 GROWTH AT THE HIGH END OF THE FORECAST RANGE ( GP : UP 8.1 % ) ; SHARP GROWTH ESTIMATED IN HALF - YEAR EARNINGS 8.1 % business growth in Q2 2021 ■ Q2 2021 gross profit¹ of € 19.21 M , up 8.1 % on a reported basis and LFL² . ■ H1 2021 gross profit¹ of € 37.8 M , up 5.1 % on a reported basis and LFL² . Digital businesses grew slightly ( Q2 up 0.8 % LFL ; H1 up 1.5 % LFL ) with a very favourable comparative base for offline businesses ( Q2 up 25.5 % LFL ; H1 up 12.2 % LFL ) . Healthy business in France ( Q2 up 5.4 % LFL ; H1 up 4.9 % LFL ) and strong recovery in International businesses ( Q2 up 27.8 % LFL ; H1 up 5.9 % LFL ) . 2021 Half - year Earnings : Strong growth expected in adjusted headline PBIT³ and adjusted operating margin³ 2021 guidance confirmed Gross Profit ( in € M ) 1 2021 2020 LFL2 2021/2020 LFL2 change Q1 18.59 18.19 + 2.2 % Q2 19.21 17.78 + 8.1 % Total H1 37.80 35.98 + 5.1 % 1 Limited audit by the Statutory Auditors currently in progress . 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 ) . Furthermore , in application of IFRS 5 - Non - current Assets Held for Sale and Discontinued Operations , Shelf Service businesses were reported as discontinued operations as of the fourth quarter of 2020. For reasons of consistency , the data reported for the first six months of 2020 has been restated to account for the impact of Shelf Service . As a result , like - for - like data is equal to restated data in H1 2020 . 3 Adjusted headline profit before interest and tax : Recurring operating income before restructuring costs and excluding the cost of performance share plans . Adjusted operating margin : Adjusted headline PBIT / Gross profit . Didier Chabassieu , Chairman of the Management Board , stated , “ With 8.1 % growth , HighCo's gross profit comes in at the high end of the forecast range , enabling the Group to achieve a healthy second quarter . This good performance is mainly due to the double - digit growth in mobile businesses and the very sharp rise in the number of coupons cleared in France . The Group's business in Belgium also rebounded sharply in the second quarter . Based on this growth , HighCo expects strong increase in half - year earnings and is moving forward in its innovation strategy , which is mainly driven by its startup studio High Co Venturi . " 1