Ad pepper media International N.V.: Annual sales exceed EUR 75 million for first time with record EBITDA of EUR 2.2 millionad pepper media International N.V.:
January 24, 2018 at 04:40 am EST
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DGAP-Ad-hoc: ad pepper media International N.V. / Key word(s): Final Results/Preliminary Results
ad pepper media International N.V.: Annual sales exceed EUR 75 million for first time with record EBITDA of EUR 2.2 millionad pepper media International N.V.:
24-Jan-2018 / 10:32 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.: Annual sales exceed EUR 75 million for first time with record EBITDA of EUR 2.2 million
Nuremberg, Amsterdam, January 24, 2018 - Based on preliminary and unaudited figures, ad pepper media International N.V. concluded the past financial year with sales of EUR 75,563k (2016: EUR 61,164k). This corresponds to year-on-year growth of 23.5 percent and is also the highest sales figure in the company's history.
All three operating segments posted record figures, with the highest percentage sales growth in the ad agents segment. Sales here surged by 44.5 percent to EUR 17,354k (2016: EUR 12,007k). The ad pepper segment also reported highly dynamic developments, with sales growth of 29.5 percent to EUR 6,810k (2016: EUR 5,258k). Webgains, the largest segment in terms of sales, also acted as a major growth driver, increasing its sales by 17.1 percent to EUR 51,399k (2016: EUR 43,894k). Adjusted for currency items, growth here came to 22.8 percent.
Group-wide gross profit grew by 14.0 percent to EUR 18,348k (2016: EUR 16,088k); adjusted for currency items, gross profit rose by 16.9 percent. Despite increased operating expenses mainly relating to investments in the Webgains and ad agents segments, EBITDA for the 2017 financial year therefore increased to EUR 2,209k - the best earnings figure in the company's history. Segment EBITDA at Webgains amounted to EUR 1,308k (2016: EUR 1,540k), while the ad agents segment increased its EBITDA by EUR 100k to EUR 1,258k (2016: EUR 1,158k) and the ad pepper segment doubled its EBITDA to EUR 973k (2016: EUR 485k).
Liquid funds (including securities measured at fair value) rose significantly to EUR 22,702k (December 31, 2016: EUR 19,593k). This represents the highest volume of liquid funds since 2010. The company still has no liabilities to banks.
Comments CEO, Jens Körner: "We posted strong year-end business, with EBITDA of EUR 1,255k in the fourth quarter alone. In 2017, we therefore generated profitable growth once again and significantly exceeded our annual forecast. In the current year, we will continue to focus on growth and invest further to expand our market share. This way, we aim to head for the EUR 100 million sales mark in the medium term."
The 2017 Annual Report will be published on March 28, 2018.
Comparison of key figures (preliminary and unaudited) for 2017 and 2016:
2017
2016
% change
Sales
EUR 000s
75,563
61,164
23.5
Gross margin
EUR 000s
18,348
16,088
14.0
EBITDA
EUR 000s
2,209
1,748
26.4
EBIT
EUR 000s
1,818
1,608
13.1
EBT
EUR 000s
1,801
1,691
6.5
Liquid funds*
EUR 000s
22,702
19,593
15.9
Equity
EUR 000s
16,517
14,979
10.3
*including securities measured at fair value
For further information:
Dr. Jens Körner (CEO)
ad pepper media International N.V.
Tel.: +49 (0) 911 929057-0
Fax: +49 (0) 911 929057-157
E-mail: ir@adpepper.com
24-Jan-2018 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.
Frankenstrasse 150 C
90461 Nuremberg
Germany
Phone:
+49 911 9290570
Fax:
+49 911 929057-157
E-mail:
ir@adpepper.com
Internet:
www.adpeppergroup.com
ISIN:
NL0000238145
WKN:
940883
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
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.: Annual sales exceed EUR 75 million for first time with record EBITDA of EUR 2.2 millionad pepper media International N.V.