18.07.14 10:25

Category: Ad hoc releases, Annual documents 2013

Preliminary results for first half-year of 2014

Nuremberg, Amsterdam, July 18, 2014Based on preliminary figures, ad pepper media International N.V. closed the first half year 2014 with sales of EUR 22,251k. This corresponds to a decline of 11.5 percent compared with the equivalent figures for the previous year (H1 2013: EUR 25,144k). On a like-for-like basis, i.e. before disposals of group companies and discontinued operations in 2013, the increase amounted to 1.6 percent.

Gross profit decreased by 29.2 percent to EUR 7,860k (H1 2013: EUR 11,097k). On a like-for-like basis, gross profit reduced by 8.8 percent. In parallel to these developments, operating expenses reduced by 14.5 percent to EUR 10,100k (H1 2013: EUR 11,812k).

Accordingly, the first six months of the year showed negative profitability versus previous year: EBITDA for the past half-year amounts to EUR -2,133k (H1 2013: EUR -578k). EBIT for the first six months of the year amounts to EUR -2,241k (H1 2013: EUR -715k). EBT for the past half-year amounts to EUR -1,813k (H1 2013: EUR -541k).

Liquid funds (including securities measured at fair value) amount to EUR 19,220k (December 31, 2013: EUR 21,702k). The company still has no liabilities to banks.

The report on the first half-year of 2014 will be published on August 13, 2014. 

Key figures (unaudited) for 2014 versus 2013:

H1 2014

H1 2013

Dev. in % 

Sales

kEUR

22,251

25,144

-11.5

Gross margin

kEUR

7,860

11,097

-29.2

EBITDA

kEUR

-2,133

-578

>100.0

EBIT

kEUR

-2,241

-715

>100.0

EBT

kEUR

-1,813

-541

>100.0

Consolidated net income

kEUR

-1,820

-630

>100.0

Liquid Funds*

kEUR

19,220

14,409

33.4

Equity

kEUR

22,948

17,793

29.0

Total assets

kEUR

32,540

28,289

15.0

Earnings per share (basic)

EUR

-0.08

-0.03

>100.0

*including securities measured at fair value

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