DGAP-Adhoc: ad pepper media International N.V. again lifts forecast for financial year 2020

2020. december 10., csütörtök, 09:19

DGAP-Ad-hoc: ad pepper media International N.V. / Key word(s): Development of Sales/Change in Forecast

ad pepper media International N.V. again lifts forecast for financial year 2020

10-Dec-2020 / 09:19 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. again lifts forecast for financial year 2020

Nuremberg, Amsterdam, December 10, 2020

Based on the preliminary results of ad pepper media International N.V. ("ad pepper" or the "Company") in the month of November, the executive board revisited its expectations for the full year 2020 today.

ad pepper"s strong business performance achieved at the end of the third quarter continued in the fourth quarter. In the period from October to November, which includes important eCommerce trading days such as Singles Day, Black Friday and Cyber Monday, revenue was again well above the corresponding figure for the previous year. The Company anticipates sustained strong demand for its performance marketing solutions in the month of December, with further impetus from the Christmas shopping season.

The board therefore now expects gross sales between EUR 95 and EUR 100 million for financial year 2020, with revenue of approx. EUR 25 million. Our new earnings forecast implies EBITDA in the order of approx. EUR 6.3 million (previous forecast: EUR 5.5 million).

The annual financial statements for 2020 will be published on 25 March 2021.

For more information:

Jens Körner (CEO)

ad pepper media International N.V.

+49 (0) 911 929057-0

10-Dec-2020 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

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: 1154183

End of Announcement DGAP News Service

1154183  10-Dec-2020 CET/CEST

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