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    DGAP-Adhoc  582  0 Kommentare RNTS Media N.V.: Upgrades Revenue Guidance for 2016, Reflecting Dynamic Growth of the Real-Time Bidding Business


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

    29.07.2016 07:29

    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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    Following completion of the Inneractive, Ltd. ("Inneractive") acquisition
    (as announced by Ad-hoc notification on 19 July 2016), RNTS Media N.V.
    ("RNTS") increases the pro-forma revenue guidance for 2016 from EUR160m+ to
    EUR185m+ on group level. This outlook includes Inneractive numbers for the
    full year on a pro-forma consolidated basis.

    The increased revenue expectation is based on above-plan growth of the
    real-time bidding (RTB) business of Fyber, in combination with improved
    outlook for Inneractive identified post-closing, similarly deriving from
    strong RTB business. Management expects to also translate the increased
    revenue into accelerated EBITDA improvement, while remaining negative on
    aggregate in 2016. For 2017, the company expects further revenue growth to
    EUR240m+ and EBITDA to reach break-even by the end of the calendar year, on
    a run-rate basis.

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

    Media Contact
    Natalia Sandin
    natalia.sandin@rntsmedia.com
    +1 650 201 8814

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


    29.07.2016 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.: Upgrades Revenue Guidance for 2016, Reflecting Dynamic Growth of the Real-Time Bidding Business RNTS Media N.V. / Key word(s): Change in Forecast 29.07.2016 07:29 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 …