ad pepper media International N.V.
Correction of a release from 17/07/2020, 14:30 CET/CEST – ad pepper media International N.V.: Affiliate marketing network Webgains up by 27 percent; group expects record EBITDA for 2020
ad pepper media International N.V. / Key word(s): Half Year Results/Forecast ad pepper media International N.V.: Affiliate marketing network Webgains up by 27 percent; group expects record EBITDA for 2020 Nuremberg, Amsterdam, 17 July 2020 Group EBITDA amounted to EUR 1,684k in the second quarter, up by 90.7 percent compared to the prior-year period (Q2 2019: EUR 883k). At segment level, ad pepper media generated EBITDA of EUR 503k (Q2 2019: EUR 859k), ad agents EUR 191k (Q2 2019: EUR 158k) and Webgains EUR 1,565k (Q2 2019: EUR 388k). In the first six months of the financial year, group revenue thus amounted to EUR 11,957k (H1 2019: EUR 10,790k), which corresponds to 10.8 percent growth. With EUR 2,804k, H1 EBITDA increased by 76.1 percent compared to the previous year (H1 2019: EUR 1,592k). On balance, the digitalisation trend, which has gained pace since the beginning of March due to the COVID-19 pandemic and culminates in shifts in the advertising budgets towards online marketing, continued in the second quarter and led to significant positive revenue and profitability effects. Based on the strong business development, the management of ad pepper media International N.V. expects group revenue for the 2020 financial year to amount to approx. EUR 24.0 million (2019: EUR 21.8 million) with EBITDA of approx. EUR 4.5 million (2019: EUR 3.5 million). The report on the first six months of 2020 will be published on 20 August 2020. Key figures (unaudited) in EURk:
*including securities at fair value For more information:
17-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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: | 1096717 |
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