13.11.2015
ad pepper media International N.V. NL0000238145
DGAP-Adhoc: ad pepper media International N.V.: ad pepper media International N.V. sells Globase to MailUp
ad pepper media International N.V. / Key word(s): Disposal/Forecast
13.11.2015 13:05
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.
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ad pepper media International N.V. sells Globase to MailUp | guidance for
full year 2015 raised
Nuremberg/Amsterdam, November 13, 2015
ad pepper media International N.V. today agreed the sale of its Danish
subsidiaries Globase International ApS as well as ad pepper media Denmark
A/S, both Copenhagen, to the leading provider of email marketing solutions
MailUp S.p.A., Milan. After the sale of Emediate already in 2013, ad pepper
media will thus be completely withdrawing from the Scandinavian market and
is consistently pressing ahead with its strategy of focusing on performance
marketing business in its core European markets.
ad pepper media is disposing of 100 percent of the shares in Globase
International ApS as well as 100 percent of ad pepper media Denmark with
economic effect as of October 1, 2015; the latter ceased operations already
by mid 2014. In financial year 2014 Globase generated revenue of around
kEUR 2,000 and losses of kEUR -530 (EBIT) while ad pepper media Denmark
reported a loss of kEUR -300 (EBIT) for 2014.
The purchase price totals kEUR 800, of which a portion of roughly EUR 400
will impact earnings and liquidity in the current financial year.
Consequently, the Management Board of ad pepper media now expects an EBITDA
of roughly kEUR 400 for the current fiscal year coupled with a record
revenue of roughly kEUR 52.000.
For further information:
Dr. Jens Körner (CFO)
ad pepper media International N.V.
phone: +49 (0) 911 929057-0
fax: +49 (0) 911 929057-157
E-mail: [email protected]
13.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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.adpepper.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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