- Posted on 3 May 2016
NetBooster publishes its Q1 2016 results
NetBooster (FR0000079683 – ALNBT – PEA-PME eligible), a leading independent European agency in digital performance marketing, today announces its results for the first quarter of 2016.
In the first three months of 2016, NetBooster recorded good growth with a Gross Margin increasing to €8.9m, up from €8.4m in the same period in 2014 (+6.0%), and anEBITDA remaining stable at €0.8m; representing a profitability level of 9.0%, in line with previous years.
The results in 2016 are based on IFRS accounting standards, giving investors the ability to compare the financial performance of NetBooster on a like-for-like basis with its international peers and provide more transparency to investors on the Group’s performance.
Q1 2016 saw new international blue chip clients such as Crucial in the US and Dubai Parks & Resorts in Dubai being won, showing that the NetBooster platform is well placed to maximise opportunities on a global basis and provide the strong growth the company is seeking.
The new client relationship with Dubai Parks & Resorts, the Middle East’s largest integrated theme park destination,strengthens NetBooster position in Dubai once more.The agency is already managing one of the world’s largest paid search accounts with Emirates Airlines, as well as AccorHotels, making NetBooster the major digital performance agency in EMEA.
Management has earmarked overall growth of around 10% for 2016, with a stable EBITDA target of €5.5m, due to specific investments envisaged during the year. A particular focus for the current trading year will be on exploring ways to enhance the NetBooster brand, therewith strengthening NetBooster’s market position and revitalizing its brand and image in the digital marketing space.
Tim Ringel, CEO of NetBooster, commented: “Q1 2016 numbers demonstrate that NetBooster is delivering solid financial results coupled with strong international growth. NetBooster will continue to expand in 2016 thanks to additional new international blue chip clients, a strong and coherent product strategy, and a focused marketing effort on ensuring our brand is properly recognized as a leading global digital media performance agency.”
About NetBooster Group | www.netbooster.com
NetBooster isa leading independent European agency in digital performance marketing 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, data and analytics (DnA), GroundControl Technology, 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.
Alexia Cassini (Group Communication Manager)
Tel. 00 33 (0)1 40 40 27 00
Caroline Carmagnol / Wendy Rigal
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