Bilendi announces positive organic growth for 2023

Bilendi, a major European player in the field of search technology and data, revealed its results for the fourth quarter and full year 2023 on February 27, 2024. With an annual turnover of 62.7 million euros, the company posted organic growth of 2.7% at constant exchange rate over the year.

In the fourth quarter of 2023, the company recorded its peak annual growth at 4.5% at constant exchange rate, with consolidated revenue of 18.9 million euros. This performance is supported by activities both in France and internationally. In France, Bilendi has experienced continuous growth over three consecutive quarters, with an increase of 8.5% in the last quarter. Internationally, representing 77% of total turnover, annual growth of 1.1% (2.0% at constant exchange rate) was achieved.

2023 was also a year marked by technological innovation at Bilendi, notably with the integration of artificial intelligence into its solutions and the launch of a new 'Niche Sampling' offer. Additionally, Bilendi was recognized by the Market Research Society for its TISP project, highlighting its ability to manage simultaneous surveys in a large number of countries.

Reconfirming its objectives for 2026, Bilendi aims to achieve a turnover of 100 million euros, with EBITDA representing 20 to 25% of this turnover. The 2023 annual results will be published on April 3, 2023, after market close.