19.04.2017
ad pepper media International N.V. NL0000238145
DGAP-Adhoc: ad pepper media International N.V. posts strong first-quarter growth
DGAP-Ad-hoc: ad pepper media International N.V. / Key word(s): Quarter
Results/Preliminary Results
ad pepper media International N.V. posts strong first-quarter growth
19-Apr-2017 / 08:44 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.
---------------------------------------------------------------------------
ad pepper media International N.V. posts strong first-quarter growth
Nuremberg, Amsterdam, April 19th, 2017
ad pepper media International N.V. concluded the first three months of the
financial year with new record sales of EUR 16,367k, corresponding to growth
of 13.5 percent (Q1 2016: EUR 14,418k). With sales growth of EUR 347k, or
around 31.5 percent, the ad pepper segment posted an especially dynamic
performance (Q1 2016: EUR 1,103k). The ad agents segment also reported
strong growth of EUR 786k, or 29.6 percent (Q1 2016: EUR 2,657k). The
Webgains segment grew by 7.7 percent to EUR 11,475k (Q1 2016: EUR 10,657k).
Adjusted for currency items, sales growth in this segment came to around
16.5 percent.
The group's gross profit rose by around 8.5 percent in the first quarter of
2017. While the ad pepper and ad agents segments reported strong gross
profit growth of 72.4 percent and 22.7 percent respectively, gross profit at
the Webgains segment decreased by 6.9 percent. On a currency-adjusted basis,
this reduction came to 0.3 percent.
Operating expenses on group level rose by EUR 1,233k, or 38.1 percent, in
the first three months (Q1 2016: EUR 3,233k). Alongside positive one-off
items in the equivalent period in the previous year, severance payments and
investments in the Webgains segment (especially in connection with the IBM
Watson project) led to higher expenses in the period under report.
Accordingly, and as expected, the group's key profitability figures for the
first quarter are slightly negative. Group EBITDA came to EUR -246k (Q1
2016: EUR 519k). The ad pepper segment doubled its EBITDA to EUR 189k (Q1
2016: EUR 94k). While EBITDA of the ad agents segment amounted to EUR 239k
and remained almost stable at prior year's level (Q1 2016: EUR 246k), the
Webgains segments generated EBITDA of EUR -72k (Q1 2016: EUR 531k). We still
expect to achieve consolidated EBITDA in a range of EUR 1.0m to EUR 1.5m in
the 2017 financial year as a whole.
Liquid funds (including securities measured at fair value) amounted to EUR
18,443k (December 31, 2016: EUR 19,593k). The group still has no liabilities
to banks.
The report on the first three months of 2017 will be published on May 19th,
2017.
Year-on-year comparison of key figures (unaudited):
Q1/2017 Q1/2016 % change
Sales EUR 000s 16,367 14,418 13.5
Gross profit EUR 000s 4,116 3,793 8.5
EBITDA EUR 000s -246 519 <-100.0
EBIT EUR 000s -350 561 <-100.0
EBT EUR 000s -347 626 <-100.0
03.31.2017 03.31.2016 % change
Liquid funds* EUR 000s 18,443 19,638 -6.1
Equity EUR 000s 14,927 16,061 -7.1
Total assets EUR 000s 28,721 29,113 -1.3
*including securities measured at fair value
For further information:
Jens Körner (CEO)
ad pepper media International N.V.
Tel.: +49 (0) 911 929057-0
Fax: +49 (0) 911 929057-157
E-mail: [email protected]
---------------------------------------------------------------------------
19-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
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
---------------------------------------------------------------------------
565455 19-Apr-2017 CET/CEST
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
ad pepper media International N.V. ISIN: NL0000238145 können Sie bei EQS abrufen
Internet-Services , 940883 , APM , XETR:APM