Company Roadmap Outlines Plan to Triple Retail
Media Business in Three Years
NEW
YORK, Oct. 31, 2022 /PRNewswire/ -- Criteo
S.A. (NASDAQ: CRTO), the Commerce Media company, will discuss the
Company's strategy for long-term sustainable growth and share its
2025 financial outlook during its 2022 Investor Day today in
New York City. A live webcast of
the event will begin at 8:30 a.m. ET
and will be accessible at that time on the investors section of the
Company's website at https://criteo.investorroom.com.
Megan Clarken, Chief Executive
Officer, said, "Thanks to our world-class team, unique technology,
and scaled commerce data, we are emerging as a leader in Commerce
Media, offering our clients trusted, innovative solutions unlike
any other available today. We believe that we have successfully
differentiated our business to deliver sustainable growth, and we
are excited to share our ambitions for a successful future."
At today's event, Criteo will discuss the following:
- The substantial progress in the Company's transformation
journey from a pure play retargeting business to a
multi-product, self-service platform;
- Criteo's renewed client-centric approach and growth
opportunities through its differentiated solutions and its
integrated go-to-market strategy;
- Criteo's leading position and multiple growth drivers in
Retail Media;
- Criteo's roadmap and new suite of client
solutions that underpin the Company's Commerce Media Platform
strategy, and combine Criteo's technology with recently-acquired
IPONWEB's leading assets:
-
- Commerce Max: Our Commerce Media Demand Side Platform
for enterprise brands, retailers and agencies to plan and buy
commerce media everywhere;
- Commerce Growth: Our solution for continuous customer
acquisition and retention for performance marketers and
agencies;
- Commerce Yield: Our Monetization Platform for retail
media networks for enterprise retailers and marketplaces; and
- Commerce Grid: Our next generation Supply Side Platform
for media owners.
- Criteo's strong financial profile and financial outlook for
2025, which aims to drive profitable growth and long-term
shareholder value. Criteo's ambition is to triple its fast-growing
Retail Media business over the next three years.
The Investor Day presentations will be recorded and available
for replay after the event.
About Criteo
Criteo (NASDAQ: CRTO) is the global commerce media company that
enables marketers and media owners to drive better commerce
outcomes. Its industry leading Commerce Media Platform connects
22,000 marketers and thousands of media owners to deliver richer
consumer experiences from product discovery to purchase. By
powering trusted and impactful advertising, Criteo supports an open
internet that encourages discovery, innovation, and choice. For
more information, please visit www.criteo.com.
Contacts
Criteo Investor Relations
Melanie Dambre,
m.dambre@criteo.com
Criteo Public Relations
Jessica Meyers, j.meyers@criteo.com
Forward-Looking Statements
Disclosure
This press release contains forward-looking statements,
including our expectations regarding our market opportunity, future
growth prospects and financial outlook and other statements that
are not historical facts and involve risks and uncertainties that
could cause actual results to differ materially. Factors that might
cause or contribute to such differences include, but are not
limited to: failure related to our technology and our ability to
innovate and respond to changes in technology, uncertainty
regarding the scope and impact of the COVID-19 pandemic on our
employees, operations, revenue and cash flows, uncertainty
regarding our ability to access a consistent supply of internet
display advertising inventory and expand access to such inventory,
including without limitation uncertainty regarding the timing and
scope of proposed changes to and enhancements of the Chrome browser
announced by Google, investments in new business opportunities and
the timing of these investments, whether the projected benefits of
acquisitions materialize as expected, including the successful
integration of our acquisition of IPONWEB, uncertainty regarding
international growth and expansion (including related to changes in
a specific country's or region's political or economic conditions),
the impact of the invasion of Ukraine by Russia (including resulting sanctions), the
impact of competition, uncertainty regarding legislative,
regulatory or self-regulatory developments regarding data privacy
matters and the impact of efforts by other participants in our
industry to comply therewith, the impact of consumer resistance to
the collection and sharing of data, our ability to access data
through third parties, failure to enhance our brand
cost-effectively, recent growth rates not being indicative of
future growth, our ability to manage growth, potential fluctuations
in operating results, our ability to grow our base of clients, and
the financial impact of maximizing Contribution ex-TAC, as well as
risks related to future opportunities and plans, including the
uncertainty of expected future financial performance and results
and those risks detailed from time-to-time under the caption "Risk
Factors" and elsewhere in the Company's SEC filings and reports,
including the Company's Annual Report on Form 10-K filed with the
SEC on February 25, 2022, and in
subsequent Quarterly Reports on Form 10-Q as well as future filings
and reports by the Company. Importantly, at this time, the COVID-19
pandemic continues to have, and inflation and rising interest rates
in the U.S. could have, an impact on Criteo's business, financial
condition, cash flow and results of operations. There are
uncertainties about the duration and the extent of the impact of
the COVID-19 pandemic.
Except as required by law, the Company undertakes no duty or
obligation to update any forward-looking statements contained in
this release as a result of new information, future events, changes
in expectations or otherwise.
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SOURCE Criteo