ad pepper media International N.V. with further record sales and earnings

Nuremberg, Amsterdam, April 19, 2016 – ad pepper media International N.V. began the year with record sales of EUR 14,418k in the first quarter of 2016. This corresponds to growth of 24.3 percent compared with the equivalent period in the previous year (Q1 2015: EUR 11,599k). On a like-for-like basis, i.e. accounting for discontinued activities, the growth rate even amounted to 31.6 percent. Key growth drivers were the Webgains segment, with growth of 34.2 percent and sales of EUR 10,657k (Q1 2015: EUR 7,941k), and the ad agents segment, with growth of 38.5 percent and sales of EUR 2,657k (Q1 2015: EUR 1,919k). Gross margin at the Group rose by 0.9 percent to EUR 3,793k (Q1 2015: EUR 3,759k). On a like-for-like basis, gross margin grew by 16.0 percent, with the Webgains segment posting the most dynamic growth with a 25.8 percent increase in its gross margin. The Group’s operating expenses showed a marked reduction of 21.5 percent to EUR 3,233k (Q1 2015: EUR 4,117k).

The EBITDA of EUR 519k represents the best first-quarter operating earnings the ad pepper Group has ever posted (Q1 2015: EUR -292k). This corresponds to an EBITDA margin of 3.6 percent. EBIT came to EUR 561k (Q1 2015: EUR -358k). EBT amounted to EUR 626k in the first quarter of 2016 (Q1 2015: EUR -307k). The EBIT and EBT key profitability figures achieved in the first quarter of 2016 thus even exceeded the figures for the full 12-month period in 2015 (EBIT 2015: EUR 244k; EBT 2015: EUR 443k).

Liquid funds (including securities measured at fair value) amounted to EUR 19,638k (December 31, 2015: EUR 22,437k). The Group still has no liabilities to banks.The report for the first quarter of 2016 will be published on May 13, 2016.

Year on year comparison of key figures (unaudited)

*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
Email: ir@adpepper.com