Brief: Ad Pepper Media International sees Q1 sales of around 16.0 mln euros

Ad Pepper Media International NV

20/03/2017 07:58

March 20 (Reuters) - Ad Pepper Media International NV 
 APME.DE : 
    * Outlook Q1 and fy 2017 - dr. Jens Körner appointed as new 
CEO and sole member of management board 
    * For financial year as a whole, we expect group to generate 
sales of at least 65.0 million euros  ($70.02 million)and EBITDA 
between 1.0 mln euros and 1.5 mln euros 
    * FY record sales of 61,164 thousand euros (2015: 56,009 
thousand euros) and EBITDA of 1,748 thousand euros in past 
financial year (2015: 539 thousand euros) 
    * Anticipate Q1 sales of around 16.0 mln euros (Q1 2016: eur 
14.4m) with a gross profit of around 4.0 mln euros (q1 2016: eur 
3.8m) and negative ebitda of around -0.3 mln euros (q1 2016: 0.5 
mln euros) 
    * Jens Körner will succeed Ulrike Handel with immediate 
effect 
    * Management board will thus reduce from two members 
previously to one member. 
 
Source text for Eikon:  ID:nEQ9gMx8c  
Further company coverage:  APME.DE  
 
($1 = 0.9282 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))