ad pepper media International N.V. / Quarter Results
05.11.2008
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
ad pepper media announces preliminary figures for the first nine months of
2008
Nuremberg, Amsterdam, the Netherlands, 5th of November 2008
In the first nine months of the current financial year, ad pepper media
International N.V. has increased sales by 6% to EUR 38.17 million (Q1-Q3
2007: EUR 36.02 million). Gross margin reduced by EUR 1.34 million to EUR
16.16 million. However, a 3% decline in operative costs against the
previous year, compensated in part for the reduction in gross margin.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) for
the first nine months of 2008 totalled EUR 5.87 million against EUR 4.62
million for the same period last year. Earnings before taxes (EBT) for the
first nine months of the current year totalled EUR 2.77 million (Q1-Q3
2007: EUR 3.23 million).
Due to positive income taxes the net income for the first three quarters of
the financial year 2008 is EUR 3.27 million which is 21% higher than the
EUR 2.70 million for the same period in the previous year.
As of 30 September 2008, liquid funds (including securities at fair value
and deposits with maturity over three months) totalled EUR 23.67 million
(30 September 2007: EUR 15.99 million). The equity ratio totals 84.5%.
Due to external economic conditions, it is not possible to rule out that
the coming quarters will be marked by static or slightly declining sales
volumes. However, more than 80% of our product portfolio consists of
performance-based marketing solutions, such as Webgains (affiliate
marketing), ad.agents (SEM/SEO) and iLead (lead generation) and iSense
(semantic targeting). This fact, together with tight cost management, means
that in terms of sales and profit development we can look with optimism
towards the current 4th quarter and the financial year ahead.
The full report for the quarter will be published on 28 November 2008 and
will then be available for downloading at:
wwww.adpepper.com.
Key figures for Q1-Q3 2008 compared to Q1-Q3 2007: <pre>
Q1-Q3 2008 Q1-Q3 2007 Change in %
Sales KEUR 38,171 36,021 +6.0
Gross margin KEUR 16,162 17,503 -7.7
(42,3%) (48.6%)
Operating costs KEUR 14,316 14,691 -2.6
EBITDA KEUR 5,866 4,623 +26.9
EBIT KEUR 1,846 2,812 -34.4
EBT KEUR 2,767 3,226 -14.2
Group result KEUR 3,273 2,704 +21.0
Earnings/share EUR 0.30 0.24 +25.0
(nondiluted)
Liquid funds KEUR 23,671 15,994 +48.0
Equity KEUR 58,665 56,774 +3.3
Balance sheet KEUR 69,442 69,484 -0.1
total </pre>
For further information:
Jens Körner (CFO)
ad pepper media International N.V.
Tel.: +49 (0) 911 929057-0
Fax: +49 (0) 911 929057-312
E-mail: ir@adpepper.com
DGAP 05.11.2008
---------------------------------------------------------------------------
Language: English
Issuer: ad pepper media International N.V.
Hogehilweg 15
1101 CB Amsterdam
Niederlande
Phone: +49 911 9290570
Fax: +49 911 929057-157
E-mail: ir@adpepper.com
Internet: www.adpepper.com
ISIN: NL0000238145
WKN: 940883
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: ad pepper media International N.V.:
| Source: EQS Group AG