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ad pepper media International N.V.
ISIN: NL0000238145
WKN: 940883
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ad pepper media International N.V. · ISIN: NL0000238145 · EQS - adhoc news (82 News)
Country: Germany · Primary market: Netherlands · EQS NID: 1387483
30 June 2022 10:44AM

ad pepper media International N.V.: Weaker Q2 expected and revised outlook


DGAP-Ad-hoc: ad pepper media International N.V. / Key word(s): Quarter Results/Change in Forecast
ad pepper media International N.V.: Weaker Q2 expected and revised outlook

30-Jun-2022 / 10:44 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.: Weaker Q2 expected and revised outlook

Nuremberg, Amsterdam, 30 June 2022

ad pepper Group, one of Europe’s leading performance marketing companies, publishes an update for the second quarter of 2022 and provides an initial outlook for the second half of the year.

With macroeconomic conditions having deteriorated in the second quarter, supply chain issues persisting and consumer confidence in the UK and the EU dipping further in the month of June, the Board of Directors believes that the Q2 2022 revenue forecast published on 22 April 2022 of EUR 6,300k to EUR 6,500k needs to be revised: in view of the current circumstances, management now expects Group revenue of around EUR 5,900k (Q2 2021: EUR 6,516k).

According to the Company, a quick recovery of the macroeconomic environment is not in sight. For the second half of the year, the management rather believes that the general conditions will be more difficult than initially assumed. As a result, Group revenue is expected to stay below the previous year’s levels in both the third and the fourth quarter.

The report for the second quarter of 2022 will be published on 25 August 2022.

 

For more information:

Dr Jens Körner (CEO)

ad pepper media International N.V.

+49 (0) 911 929057-0
ir@adpepper.com
 


30-Jun-2022 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
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: 1387483

 
End of Announcement DGAP News Service

1387483  30-Jun-2022 CET/CEST

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This publication was provided by our content partner EQS3.

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via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

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