20.03.2017
ad pepper media International N.V. NL0000238145
DGAP-Adhoc: ad pepper media International N.V.: Outlook Q1 and FY 2017 - Dr. Jens Körner appointed as new CEO and sole member of Management Board
DGAP-Ad-hoc: ad pepper media International N.V. / Key word(s): Change of
Personnel/Forecast
ad pepper media International N.V.: Outlook Q1 and FY 2017 - Dr. Jens Körner
appointed as new CEO and sole member of Management Board
20-March-2017 / 08:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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ad pepper media International N.V.: Outlook Q1 and FY 2017 - Dr. Jens Körner
appointed as new CEO and sole member of Management Board
Nuremberg, Amsterdam, March 20, 2017 - Based on final figures, ad pepper
media International N.V. generated record sales of EUR 61,164k (2015: EUR
56,009k) and EBITDA of EUR 1,748k in the past financial year (2015: EUR
539k). The figures are consistent with the preliminary results already
communicated on January 30, 2017.
The first quarter of the current financial year, however, has witnessed
slightly weaker growth compared with the previous year's figures. At
Webgains, the largest segment, in particular, the first quarter of 2017 has
seen a continuation of the slowdown in growth already apparent in the second
half of the past financial year. Although the ongoing weakness in the
British pound to the euro still represents a significant challenge for us,
even net of currency effects we expect this segment to post a slightly
weaker operating business performance in the current business year. The ad
pepper media and ad agents segments, on the other hand, are expected to
maintain their strong financial performance in 2017 as well.
We therefore anticipate that the group generates first-quarter sales of
around EUR 16.0m (Q1 2016: EUR 14.4m) with a gross profit of around EUR 4.0m
(Q1 2016: EUR 3.8m) and negative EBITDA of around EUR -0.3m (Q1 2016: EUR
0.5m). For the financial year as a whole, we expect the group to generate
sales of at least EUR 65.0m and EBITDA between EUR 1.0m and EUR 1.5m.
Furthermore, the Supervisory Board of ad pepper media International N.V.
today appointed Jens Körner as CEO and sole member of the company's
Management Board. A member of the Management Board (CFO) since November
2006, he accompanied the group's turnaround and was a key player in making a
success of this. He will succeed Ulrike Handel with immediate effect. The
Management Board will thus reduce from two members previously to one member.
"We are delighted to see Dr. Jens Körner in the position of CEO", comments
Michael Oschmann, Chairman of the Supervisory Board of the ad pepper media
group. "His all-round expertise, long track record at the company, and
in-depth understanding of the operating business will ensure that the
transformation process already initiated at the ad pepper media group is
continued in an economically viable manner".
Contact:
Dr. Jens Körner (CEO)
ad pepper media International N.V.
+49 (0) 911 929057-0
[email protected]
www.adpeppergroup.com
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Language: English
Company: ad pepper media International N.V.
Prins Bernhardplein 200
1101 CB Amsterdam
Netherlands
Phone: +49 911 9290570
Fax: +49 911 929057-157
E-mail: [email protected]
Internet: www.adpeppergroup.com
ISIN: NL0000238145
WKN: 940883
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News Service
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555453 20-March-2017 CET/CEST
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