DGAP-Adhoc: ad pepper media International N.V. with good Q3 - raises EBITDA forecast again
DGAP-Ad-hoc: ad pepper media International N.V. / Key word(s): Quarter Results/Change in Forecast
ad pepper media International N.V. with good Q3 - raises EBITDA forecast again
17-Oct-2019 / 17:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, 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. with good Q3 - raises EBITDA forecast again
Nuremberg, Amsterdam, October 17, 2019
ad pepper media, one of Europe's leading performance marketing providers, generated revenue for the group of EUR 5,031k in the third quarter (Q3 2018: EUR 5,038k). Third-quarter EBITDA came to EUR 565k corresponding to year-on-year growth of 74.4 percent (Q3 2018: EUR 324k). The segment EBITDA figures are consistently positive: ad pepper generated EUR 384k (Q3 2018: EUR 623k), Webgains EUR 200k (Q3 2018: EUR 56k) and ad agents EUR 262k (Q3 2018: EUR -77k).
For the first nine month period as a whole, ad pepper media can report revenue of EUR 15,821k, equivalent to growth of 6.9 percent (Q1-Q3 2018: EUR 14,807k). At EUR 2,157k, nine month EBITDA was significantly ahead of the previous year (Q1-Q3 2018: EUR 926k).
Given the positive business performance, the Board of Directors of ad pepper media International N.V. expects the EBITDA for the 2019 financial year to be in a range between EUR 2,750k and EUR 3,000k (previous forecast: EUR 2,500k).
Liquid funds as end of Q3 2019 amount to EUR 21,619k (Q3 2018: EUR 18,835k) equivalent to around EUR 1.00 per share.
The report on the first nine months of 2019 will be published on November 19, 2019.
Key figures (unaudited) in EUR 000s:
Q3 2019
Q3 2018
Q1-Q3 2019
Q1-Q3 2018
Gross sales
18,834
20,192
59,658
57,909
% growth
-6.7
3.0
Revenue
5,031
5,038
15,821
14,807
% growth
-0.1
6.9
of which ad pepper media
1,146
1,417
4,149
3,971
% growth
-19.1
4.5
of which ad agents
1,573
1,136
4,271
3,778
% growth
38.4
13.0
of which Webgains
2,312
2,485
7,401
7,058
% growth
-7.0
4.9
EBITDA
565
324
2,157
926
of which ad pepper media
384
623
1,773
1,633
of which ad agents
262
-77
494
78
of which Webgains
200
56
1,005
226
of which admin
-281
-279
-1,115
-1,011
Liquid funds
21,619
18,835
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
17-Oct-2019 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
EQS News ID:
892095
End of Announcement
DGAP News Service
892095 17-Oct-2019 CET/CEST