HighCo Completes Sale of High Connexion
HighCo has officially announced the successful completion of its sale of High Connexion, a company in which it previously held a 51% share. This significant transaction involved a group of investors which includes notable firms such as Albarest Partners and Guillaume Guttin.
Impact of the Sale on Shareholder Returns
The income generated from this transaction is earmarked for an exceptional dividend distribution of €1.00 per share. Shareholders can look forward to receiving this interim dividend, which is expected to be paid out soon. This decision exemplifies HighCo's commitment to reward its investors while maintaining strategic growth.
Strategic Development and Core Focus Areas
HighCo continues to align its operations with a strong focus on enhancing its core business, segmented into two primary divisions: Activation, and Consulting & In-store media selling. The sale of High Connexion is a strategic move aimed at refining the company’s business focus, allowing more dedicated resources to drive innovation and growth within these key areas.
A Bright Future with Growth and Innovation
The company has outlined an ambitious trajectory for 2025, committing to elevating its investments and fostering innovation, particularly within its Activation division. Didier Chabassieu, Chairman of the Management Board, reflected on the legacy of High Connexion, emphasizing the success and collaborative spirit that led to its creation in 2008.
Leadership Vision and Future Plans
Chabassieu recalls, “High Connexion is an adventure co-created with Bruno Laurent that began in 2008 to support mobile marketing emergence in France. After 15 years of success, this disposal showcases our ability to make strategic investments and foster innovative startups that create value and benefit shareholders.”
About HighCo
HighCo stands as an expert in marketing and communication, dedicated to helping brands and retailers navigate the transformation within the retail sector. The company, listed in compartment C of Euronext Paris and eligible for SME equity savings plans, employs nearly 450 professionals who work tirelessly to drive success.
Recognized Commitment to Responsibility
HighCo has achieved a Gold rating from EcoVadis, placing the Group in the top 5% of businesses regarding corporate social responsibility (CSR) performance and responsible purchasing practices.
Contact Information
If you require further information, you can reach out to:
Cécile Collina-Hue
Managing Director
Phone: +33 1 77 75 65 06
Email: comfi@highco.com
Nicolas Cassar
Press Relations
Phone: +33 4 88 71 35 46
Email: n.cassar@highco.com
Upcoming Financial Events
HighCo has scheduled several important publications throughout the upcoming months that investors should note. Q2 2025 and H1 2025 Gross Profit will be announced on Tuesday, 22 July 2025, followed by H1 2025 Earnings on Wednesday, 10 September 2025. Additionally, a conference call to discuss half-year earnings will take place on Thursday, 11 September 2025 at 10 a.m. This will be followed by announcements for Q3 2025 on 15 October 2025 and Q4 2025 on 28 January 2026.
Frequently Asked Questions
What company has just been sold by HighCo?
HighCo has completed the sale of High Connexion, a company in which it held a 51% share.
What is the announced dividend for shareholders?
HighCo announced an exceptional dividend of €1.00 per share for its shareholders.
Who are the investors involved in the sale?
The group of investors includes Albarest Partners and Guillaume Guttin, among others.
What is HighCo's strategy moving forward?
HighCo aims to enhance its core business areas, particularly focusing on Activation and Consulting & In-store media selling.
How does HighCo rate in terms of CSR performance?
HighCo has received a Gold rating from EcoVadis, indicating it is within the top 5% for corporate social responsibility performance.