ad pepper media International N.V. with most successful financial year to date
Back to overviewNuremberg, Amsterdam, February 15, 2011 – Based on preliminary figures, ad pepper media International N.V. concluded the 2010 financial year with sales of EUR 51,661k. On a pro forma basis, this represents sales growth of 12.3 percent compared with the equivalent figure for the previous year. This marks a new record in the company’s 12 year history. Key growth drivers were once again the Webgains (+28.2 percent) and ad agents (+25.6 percent) segments. The gross margin also reached a new record high, finishing the year 13.8 percent up on the previous year’s figure (pro forma).
EBITDA for the financial year amounted to EUR 1,720k (2009: EUR -29,756k). The Group thus clearly exceeded its self-imposed target of EUR 1,500k. The fourth quarter alone accounted for around 40 percent of full-year EBITDA.
The Group’s liquid funds (including securities measured at fair value and time deposits) increased to EUR 22,924k (2009: EUR 22,602k). There are still no liabilities to banks.
According to the Management Board, the pleasing sales and earnings performance at the beginning of 2011 points to a continuation of the company’s growth in the current financial year.
The 2010 Annual Report will be published on April 11, 2011.
Key figures (unaudited) for 2010 / 2009:
| FY 2010 | FY 2009 | Change in % | ||
| Sales | EUR 000s | 51,661 | 46,899 | +10.2 |
| Gross margin | EUR 000s | 23,414 | 20,979 | +11.6 |
| EBITDA | EUR 000s | 1,720 | -29,756 | >100 |
| EBIT | EUR 000s | 1,008 | -31,951 | >100 |
| EBT | EUR 000s | 3,055 | -33,770 | >100 |
| Liquid funds | EUR 000s | 22,924 | 22,602 | +1.4 |
| Equity | EUR 000s | 26,086 | 21,338 | +22.3 |
| Total assets | EUR 000s | 37,510 | 32,804 | +14.3 |
For further information:
Jens Körner (CFO)
ad pepper media International N.V.
Phone: +49 (0) 911 929057-0
Fax: +49 (0) 911 929057-157
E-mail: ir@adpepper.com