26.08.2020 11880 Solutions AG  DE0005118806

DGAP-News: 11880 Solutions AG ignites next stage of growth and acquires Fairrank GmbH to enable rapid expansion of market position


 

DGAP-News: 11880 Solutions AG / Key word(s): Takeover
11880 Solutions AG ignites next stage of growth and acquires Fairrank GmbH to enable rapid expansion of market position

26.08.2020 / 13:14
The issuer is solely responsible for the content of this announcement.


Essen, 26 August 2020 - 11880 Solutions AG intends to acquire Fairrank GmbH as part of the capital increase from authorised capital in return for cash and non-cash contributions announced today. Fairrank, a Cologne-based online marketing agency, supports clients from various industries in search engine marketing, web development and social media activities. By acquiring Fairrank, 11880 Solutions AG is expanding its portfolio in strategically important areas and accelerating the successful growth of the past years.

Christian Maar, CEO of 11880 Solutions AG, commented: "We have been looking for an acquisition target of this kind for a long time because we want to grow quickly and become Germany's number 1 for providing online marketing services to businesses. Fairrank is a perfect fit for us. There are no overlaps whatsoever, but rather many synergies that we will quickly leverage to create value. Fairrank's customer base is primarily made up of medium-sized enterprises and complements our customer structure very well. This will enable us to provide online marketing services to small and larger companies even more efficiently than before. We will also be gaining stature as a major player in our partnerships with Google and Microsoft. In addition, we will save considerable costs by pooling resources and automating production and processes."

The capital increase announced today will see the Company's main shareholder united vertical media GmbH contribute Fairrank GmbH as a non-cash contribution for 2,707,200 new shares representing its equity stake of 72.28 percent. Fairrank GmbH was founded in 2004 and employs around 60 people. Integrating the company's operations into 11880 Solutions AG should be completed by the end of 2021.




Contact:
Anja Meyer
11880 Solutions AG
Tel.: 0201 / 8099-188
E-Mail: [email protected]


26.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: 11880 Solutions AG
Hohenzollernstraße 24
45128 Essen
Germany
Phone: 0201-80990
E-mail: [email protected]
Internet: www.11880.com
ISIN: DE0005118806, DE0005118806, ,
WKN: 511880, 511880
Indices: Prime All Share
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1123567

 
End of News DGAP News Service

1123567  26.08.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 41,27 42,92 47,67 50,80 56,53 56,02 61,00
EBITDA1,2 -2,30 0,98 2,76 2,97 5,84 2,38 3,30
EBITDA-Marge3 -5,57 2,28 5,79 5,85 10,33 4,25
EBIT1,4 -10,09 -3,05 -2,11 -2,66 -0,33 -3,37 -2,40
EBIT-Marge5 -24,45 -7,11 -4,43 -5,24 -0,58 -6,02 -3,93
Jahresüberschuss1 -9,63 -3,11 -3,18 -2,31 1,04 -3,49 -2,80
Netto-Marge6 -23,33 -7,25 -6,67 -4,55 1,84 -6,23 -4,59
Cashflow1,7 -2,51 1,26 4,40 2,47 4,24 -0,30 0,00
Ergebnis je Aktie8 -0,50 -0,16 -0,16 -0,10 0,04 -0,14 -0,13
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
11880 Solutions
WKN Kurs in € Einschätzung Börsenwert in Mio. €
511880 0,730 Halten 19,15
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
36,50 39,25 0,90 -2,69
KBV KCV KUV EV/EBITDA
4,01 - 0,34 7,52
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 19.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 08.08.2024 09.11.2023 10.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
2,67% -10,43% -3,31% -29,81%
    
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