NetBooster GROUP : STRONG FIRST QUARTER AND CONFIRMATION OF MEDIUM AND LONG-TERM STRATEGY


Paris, 29 April 2014

Press Release

NetBooster - Q1 / 2014 RESULTS

STRONG FIRST QUARTER AND CONFIRMATION OF MEDIUM AND LONG-TERM STRATEGY

NetBooster (FR0000079683 - ALNBT - PEA-PME eligible), an independent European agency and leader in digital performance marketing, today announces its results for the first quarter of 2014. 

Overcoming the challenges of FY 2013, over the last six months, NetBooster recorded a Gross Margin of €8.5m and an EBITDA of €0.7m in Q1/2014. Compared to Q1/2013 (Gross Margin of €8.3m and EBITDA of €0.3m) this impressive turnaround (EBITDA +133%) is due to the restructuring efforts undertaken following the reshaping of the Company that led to significant client gains during the third and fourth quarters of 2013. The strong results in the first quarter shows how NetBooster has raised the bar in terms of its performance level, considering that stronger retail and travel related business is usually seen during the second half of the year.

H1/2013 H2/2013 Q1/2013 Q1/2014 % Change
Gross Margin €16.9m €17.5m €8.3m 8.5m    2.4%
EBITDA €0.4m €2.3m €0.3m 0.7m 133.3%
Profitability 2.4% 13.1% 3.6% 8.2% +4.6 points

CASH POSITION AND FINANCIAL STRUCTURE

Compared to the previous years, it is key that the Management strengthens the Group financial structure by using the positive Operating Cash Flow. During the fourth quarter of 2013, all major obligations came to an end and the current strategy is that only smaller selected M&A activities will be considered for 2014 to strengthen Net Booster's position in some horizontal product areas.

NEW BUSINESS IN BIG DATA AND STRATEGIC CONSULTANCY

The Management took great effort in building and growing its new product offering around Big Data and Strategic Business Consultancy for the Digital Transition of large Cooperation's in H2/2013 and Q1/2014. Winning four major accounts from the Automotive and Consumer Goods sectors has strengthened the TOP 15 client base of NetBooster across multiple markets as well as multiple product areas. The Management has positioned the NetBooster Group on the international map for CRM, Analytics, Big Data and Digital Transition Business Consultancy striving to focus on growing the Group in 2014 and beyond.

OUTLOOK

In 2014, it is envisaged that NetBooster   will benefit from recent efforts to streamline the cost structure, the finalisation of its restructuring program and the continuous development of its client portfolio. By supporting the TOP clients with the challenge of an increasingly complex digital strategy and consumer landscape, NetBooster's latest offerings in Big Data and Business Consultancy will boost profitable growth across the main regions.

The Management team has therefore set an EBITDA target of €4m for 2014 and believes that the Company is in a good position to achieve record results in the current year.

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About NetBooster Group | www.netbooster.com

NetBooster is an independent international performance agency that makes its comprehensive expertise of digital marketing available to its clients to achieve the best possible performance for their investments. The agency invests in technology and covers the entire chain of online marketing through its European network: search engine optimisation and marketing, display, affiliation, online media, creation, eCRM and social networks, with a recognised expertise in tomorrow's digital marketing (Social Media, Video, Ad Exchange, etc.).  Shares in NetBooster are traded on the NYSE Alternext Paris.

Information

For more information please contact:

Press Contact                                                                   Financial Communication
Samira CHAKKAF ANDALOUCI                                     Louis-Victor DELOUVRIER
Pepper Menthe Communication                                    NewCap.
Tel. 00 33 (0)7 86 11 14 52 /                                            Tel. 00 33 (0)1 44 71 98 53 / 00 33
00 33 (0)6 63 17 36 43                                                     (0)1 44 71 94 94
samira@peppermenthe.com                                          lvdelouvrier@newcap.fr  


Pièces jointes

PR Q1 2014
GlobeNewswire