ad pepper media International N.V.: Preliminary results for first nine months of 2014
Back to overviewNuremberg, Amsterdam, October 15, 2014
Based on preliminary figures, ad pepper media International N.V. closed the first nine month of 2014 with sales of EUR 33,890k. This corresponds to a decline of 7.0 percent compared with the equivalent figures for the previous year (Q1-Q3 2013: EUR 36,434k). On a like-for-like basis, i.e. before disposals of group companies in 2013, the increase amounted to 5.7 percent.
Gross profit decreased by 24.3 percent to EUR 11,958k (Q1-Q3 2013: EUR 15,792k). On a like-for-like basis, gross profit reduced by 2.2 percent. In parallel to these developments, operating expenses reduced by 12.0 percent to EUR 14,854k (Q1-Q3 2013: EUR 16,878k).
Accordingly, the first nine months of the year showed negative profitability versus previous year: EBITDA for the past nine months amounts to EUR -2,743k (Q1-Q3 2013: EUR -871k). EBIT for the first nine months of the year amounts to EUR -2,896k (Q1-Q3 2013: EUR -1,086k). EBT for the past nine month amounts to EUR -2,445k (Q1-Q3 2013: EUR -803k).
Liquid funds (including securities measured at fair value) amount to EUR 18,790k (December 31, 2013: EUR 21,702k). The company still has no liabilities to banks.
The report on the first nine month of 2014 will be published on November 12, 2014.
Key figures (unaudited) for 2014 versus 2013:
| Q1-Q3 2014 | Q1-Q3 2013 | Dev. in % | ||
| Sales | kEUR | 33,890 | 36,434 | -7.0 |
| Gross margin | kEUR | 11,958 | 15,792 | -24.3 |
| EBITDA | kEUR | -2,743 | -871 | >100.0 |
| EBIT | kEUR | -2,896 | -1,086 | >100.0 |
| EBT | kEUR | -2,445 | -803 | >100.0 |
| Liquid funds* | kEUR | 18,790 | 14,446 | 30.1 |
*including securities measured at fair value
For further information:
Dr. Jens Körner (CFO)
ad pepper media International N.V.
Tel.: +49 (0) 911 929057-0
Fax: +49 (0) 911 929057-157
E-mail: ir@adpepper.com