DGAP-Adhoc: ad pepper media International N.V.: Improved key profitability figures despite weak economic situation

 | Source: EQS Group AG EQS Group AG 

ad pepper media International N.V. / Half Year Results/Quarter Results

20.07.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Improved key profitability figures despite weak economic situation
 

Nuremberg, Amsterdam, 20 July 2009 

Sales in the first six months of 2009 were 12.9 percent down against the
same period of the previous year, totalling kEUR 23,087 (H1 2008: kEUR
26,497) in what continued to be a difficult market environment. Gross
margin totalling kEUR 10,510 (H1 2008: 11,406 kEUR) reduced
disproportionately to sales development so that it was possible to record a
relatively higher gross margin (H1 2009: 45.5 Percent vs. 43.0 Percent in
H1 2008).

EBITDA totalling kEUR -1,697 was negative (H1 2008: kEUR 6,824). On a
comparable basis, the previous year's EBITDA for the same period was kEUR
-2,797. This figure included one-off effects from the sale of investments
to the amount of kEUR 9,621 so that in the period under review a continued
improvement in EBITDA was achieved despite weaker sales. This was due, on
the one hand, to significant lower operative costs, as well as the improved
margin situation. EBT, calculated on a comparable basis, improved from kEUR
-5,386 to kEUR -1,990.

The equity ratio is at an excellent level of 85.3 percent (H1 2008: 83.0
percent). As per the end of the first quarter of 2009, liquid funds,
including securities at fair value and times deposits with a maturity of
more than three months, totalled EUR 21.93 million (H1 2008: EUR 25.15
million). There are no liabilities due to banks.

The half-year report will be published on 14 August 2009.

Key Figures for 2009 compared to 2008:


                                 H1/ 09       H1/ 08          Change in %
Sales              kEUR          23,087       26,497                -12.9
EBITDA             kEUR          -1,697      -2,797*                +39.3
EBIT               kEUR          -2,979      -6,024*                +50.5
EBT                kEUR          -1,990      -5,386*                +63.1
Liquid funds       kEUR          21,933       25,154                -12.8
Equity             kEUR          52,944       60,658                -12.7
Balance sheet      kEUR          62,103       73,046                -15.0
total


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* on an adjusted basis

For further information:

Jens Körner (CFO)
ad pepper media International N.V.
Tel.: +49 (0) 911 929057-0
Fax: +49 (0) 911 929057-157

Email: ir@adpepper.com
DGAP 20.07.2009 
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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, München, Düsseldorf, Stuttgart, Hamburg
 
End of News                                     DGAP News-Service
 
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