ad pepper media International N.V. / Key word(s): Quarter Results/Preliminary
Results
17.07.2012 16:57
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Improvement in key earnings figures in first half of 2012
Nuremberg, Amsterdam, July 17, 2012
ad pepper media International N.V. can post solid growth of 7.3 percent
(adjusted for discontinued operations) for the first six months of the
current financial year. This positive performance was driven above all by
ongoing dynamic growth in the ad agents (+69.0 percent) and Webgains (+9.7
percent) segments. Adjusted for discontinued operations, the sales
performance of the ad pepper media segment was negative at -14.2 percent.
In parallel to these developments, operating expenses reduced substantially
in the first half of the year, falling by 12.0 percent to EUR 11,972k. This
enabled the company to achieve a significant year-on-year improvement in
its key profitability figures. Earnings before interest, taxes,
depreciation and amortization (EBITDA) amounted to EUR -1,012k in the first
half of 2012 (H1 2011: EUR -1,995k). Earnings before interest and taxes
(EBIT) amounted to EUR -1,243k, as against EUR -2,260k in the first half of
the previous year. At EUR -840k, earnings before taxes (EBT) showed equally
positive developments in the first six months of the financial year
(H1 2011: EUR -1,782k). Net income for the period amounted to EUR -1,087k
(H1 2011: EUR -2,048k).
Liquid funds (including securities measured at fair value and time
deposits) also performed well. Despite ongoing investments, the volume of
liquid funds, amounting to EUR 16,275k, changed only slightly compared with
the end of the previous year's period (30 June 2011: EUR 17,278k).
The Management Board is confident that the positive business performance in
the first half of 2012 will continue in the further course of the year as
well.
The report on the first half of 2012 will be published on August 8, 2012.
Year-on-year comparison of key figures (unaudited):
H1 2012 H1 2011 Variance in %
Sales EUR 000s 26,641 26,229 1.6
Gross margin EUR 000s 10,729 11,344 -5.4
EBITDA EUR 000s -1,012 -1,995 49.3
EBIT EUR 000s -1,243 -2,260 45.0
EBT EUR 000s -840 -1,782 52.9
Consolidated net income EUR 000s -1,087 -2,048 46.9
Earnings per share (basic) EUR -0.06 -0.10 40.0
Liquid funds EUR 000s 16,275 17,278 -5.8
Equity EUR 000s 22,865 22,862 0.0
Total assets EUR 000s 33,371 32,167 3.7
For further information:
Jens Körner (CFO)
ad pepper media International N.V.
home: +49 (0) 911 929057-0
fax: +49 (0) 911 929057-157
e-mail: ir@adpepper.com
17.07.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: ad pepper media International N.V.
Hogehilweg 15
1101 CB Amsterdam
Netherlands
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, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: ad pepper media International N.V.: Improvement in key earnings figures in first half of 2012
| Source: EQS Group AG