DGAP-Adhoc: RNTS Media N.V.: Upgrades Revenue Guidance for 2016, Reflecting Dynamic Growth of the Real-Time Bidding Business


RNTS Media N.V.  / Key word(s): Change in Forecast

29.07.2016 07:29

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Following completion of the Inneractive, Ltd. ("Inneractive") acquisition
(as announced by Ad-hoc notification on 19 July 2016), RNTS Media N.V.
("RNTS") increases the pro-forma revenue guidance for 2016 from EUR160m+ to
EUR185m+ on group level. This outlook includes Inneractive numbers for the
full year on a pro-forma consolidated basis.

The increased revenue expectation is based on above-plan growth of the
real-time bidding (RTB) business of Fyber, in combination with improved
outlook for Inneractive identified post-closing, similarly deriving from
strong RTB business. Management expects to also translate the increased
revenue into accelerated EBITDA improvement, while remaining negative on
aggregate in 2016. For 2017, the company expects further revenue growth to
EUR240m+ and EBITDA to reach break-even by the end of the calendar year, on
a run-rate basis.

Investor Contact
Sabrina Kassmannhuber
ir@rntsmedia.com
+49 30 609 855 555

Media Contact
Natalia Sandin
natalia.sandin@rntsmedia.com
+1 650 201 8814

Bob Huxford
Bob.Huxford@newgatecomms.com
+44 20 7680 6550


29.07.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      RNTS Media N.V.
              Johannisstr. 20
              10117 Berlin
              Germany
Phone:        +49 30 609 855 528
Fax:          
E-mail:       governance@rntsmedia.com
Internet:     www.rntsmedia.com
ISIN:         NL0010315453
WKN:          A1J87D
Listed:       Regulated Market in Frankfurt (Prime Standard)
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------