ADLPartner / ADLPerformance

PROGRESS WITH EARNINGS IN 2020 - Seite 3

The Group’s net cash climbed €13m to €42.0m at 31 December 2020, compared with €29.0m at 31 December 2019. This progress reflects the Group’s growth (organic and external), the strong increase in the Magazines business at the end of the period, and the specific features of its business model, which operates with negative working capital requirements. Financial debt represents €13.3m, compared with €6.8m at 31 December 2019, primarily comprising commitments to buy out the minority interests in Converteo and AWE.

Net asset value³ (Group share), calculated based on shareholders’ equity and the value of the active open-ended subscription portfolio, is up 1.8% to €130.9m at 31 December 2020 (€33 per share excluding treasury stock). It does not include the portfolio of insurance policies.

OUTLOOK

The Group’s results for 2020 confirm the relevance of its strategy to diversify its markets and continue building on its robust growth. The Group is continuing to optimize its commercial investments in its magazine and insurance activities to further strengthen its portfolios generating recurrent revenues. Alongside this, it is capitalizing on its significant financial resources to sustainably strengthen its position as a major player for digital marketing in Europe thanks to an aggressive external growth strategy. Confident about its prospects, the ADLPerformance Group aims to become a European leader for cross-channel data marketing by 2025.

DIVIDEND

Taking into account the absence of an ordinary dividend in 2020, the payment of an exceptional dividend of €0.45 per share on 18 December 2020, and its confidence in the future, ADLPartner’s Board of Directors will submit a dividend of €0.81 per share for approval at the General Meeting on 18 June 2021, to be paid out on 25 June 2021.

ADDITIONAL INFORMATION

The social and consolidated financial statements for 2020 were approved by the Board of Directors on 26 March 2021. The statutory auditors have completed the audit procedures on the social and consolidated accounts. The certification report will be issued once the necessary procedures have been finalized for publishing the full-year financial report.

NEXT DATES

• 2020 annual financial report on 16 April 2021 (after close of trading)
• 2021 first-quarter net sales on 28 May 2021 (after close of trading)

       

ADLPartner / ADLPerformance in brief

With its extensive cross-channel marketing track record and deep data expertise, the ADLPerformance Group designs, markets and implements customer acquisition, loyalty and relationship management services on its own behalf or for its partners across all distribution channels. The Group works with 50% of the companies from the CAC 40 and large numbers of mid-market firms. The Group recorded net sales of €139m in 2020 and employs more than 500 people.