DGAP-Adhoc: RNTS Media N.V.: Further Increase of Revenue

RNTS Media N.V.  / Key word(s): Change in Forecast

31.10.2016 18:07

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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RNTS Media N.V. ("RNTS") upgrades the pro-forma revenue guidance for 2016
from more than EUR185m to more than EUR205m. This follows a prior Ad-hoc
notification on 29 July 2016 in which the Group's revenue outlook was
already increased from more than EUR160m to more than EUR185m. The repeated
increase reflects the dynamic development in the programmatic and real-time
bidding activities of the Fyber RTB and Inneractive subsidiaries acquired
in 2015 and 2016 respectively.

The increased revenue will translate into accelerated EBITDA improvement
such that RNTS is now expected to reach EBITDA break-even in Q4 2016, under
consideration of  adjustments for separately disclosed items consistent
with the Company's recent financial reporting practice.

RNTS expects to upgrade previous 2017 guidance of more than EUR240m in
revenues and a Q4 2017 EBITDA break-even after the current budget process
has been finalized.

Investor Contact
Sabrina Kassmannhuber
ir@rntsmedia.com
+49 30 609 855 555

Media Contact
Bob Huxford
Bob.Huxford@newgatecomms.com
+44 20 7680 6550


31.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      RNTS Media N.V.
              Johannisstr. 20
              10117 Berlin
              Germany
Phone:        +49 30 609 855 528
Fax:          
E-mail:       governance@rntsmedia.com
Internet:     www.rntsmedia.com
ISIN:         NL0010315453
WKN:          A1J87D
Listed:       Regulated Market in Frankfurt (Prime Standard)
 
End of Announcement                             DGAP News-Service
 
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DGAP-Adhoc: RNTS Media N.V.: Further Increase of Revenue Guidance for 2016 and Q4 EBITDA Expected to be Positive
