ad pepper media International N.V.: Preliminary results for first quarter of 2014
Nuremberg, Amsterdam, April 16, 2014 - Based on preliminary figures, ad pepper media International N.V. closed the first quarter 2014 with sales of EUR 11,579k. This corresponds to a decline of 10.9 percent compared with the equivalent figures for the previous year (Q1 2013: EUR 12,996k). On a like-for-like basis, i.e. before disposals of group companies in 2013, the decline amounted to 1.1 percent.
Gross profit reduced significantly by 27.9 percent to EUR 4,137k (Q1 2013: EUR 5,741k). On a like-for-like basis, gross profit reduced by 12.3 percent. At the same time, operating expenses reduced by 9.6 percent to EUR 5,129k (Q1 2013: EUR 5,673k).
Accordingly, the first three months of the year closed with negative profitability figures: EBITDA for the past quarter amounts to EUR -936k (Q1 2013: EUR 134k). EBIT for the first three months of the year amounts to EUR -991k (Q1 2013: EUR 68k). EBT for the past quarter amounts to EUR -687k (Q1 2013: EUR 106k).
Liquid funds (including securities measured at fair value and fixed-term deposits) amount to EUR 20,045k (December 31, 2013: EUR 21,702k). The company still has no liabilities to banks.
The report on the first quarter of 2014 will be published on May 14, 2014.
Year-on-year comparison of key figures (unaudited):
Ad Pepper Media International NV is a Netherlands-based Company active in the advertising and marketing sector. The Company provides online services, strategies and solutions for interactive media, direct marketing and technology. Its activities are divided into three segments: ad pepper media, Webgains and ad agents. Display, performance, e-mail, affiliate and search-engine marketing, as well as semantic targeting and ad serving product groups cover the range of its online advertising formats. In addition to a regional, national and international marketing presence, Website partners receive a number of other products and services, such as branding, traffic analysis and performance optimization, provided by Ad Pepper Media International NV and its affiliated companies. As of December 31, 2011, the Company operated 17 subsidiaries, based in the Netherlands, Germany, Sweden, Denmark, the United Kingdom, France, Spain, the United States, Australia and Switzerland.
AD PEPPER MEDIA INTERNATIONAL N.V. 
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