BMPAG - Nine-Month results 2016

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 18 / 2016

Data sporządzenia: 2016-11-30

Skrócona nazwa emitenta

BMPAG

Temat

Nine-Month results 2016

Podstawa prawna

Treść raportu:

• Nine-month revenue of € 10.9 million • € 15 million sales revenue expected • Consolidated net loss of € 3.9 million due to negative net result on revaluation of old portfolio of € 2.5 million • Gross profit and contribution margin up considerably bmp Holding AG (ISIN DE0003304200) has published its nine-month results today. Revenue performance fell short of expectations in the third quarter and the period ended with revenue of € 3.2 million. This was due to technical transition problems, mainly for sleepz web shops, a significantly later market launch by Grafenfels and price competition for AdWords primarily in the mattress segment, which made the acquisition of new customers via this channel no longer profitable. We opted not to generate revenue at any price at the expense of our margins. bmp Holding AG has generated total revenue of € 10.9 million in the first nine months of 2016. This is approximately 360% higher than the revenue for the same period of the previous year of € 2.4 million. Gross profit of the group has risen considerably to 33% (previous year: 28.7%). In the product mix, mattresses account for 66% of total revenue, followed by (box-spring) beds at 16% and bedding at 7%, whose shares are expected to grow further in the coming quarters. The contribution margin (gross profit less marketing and packaging/shipping) of sleepz and Matratzen Union has now increased to over 17% in the first nine months of 2016. bmp Holding’s sleep products business area therefore counts as a highly profitable retail segment. This allows us to operate profitably from a revenue volume of around € 20 million. Consolidated earnings for the first nine months of 2016 amounted to minus € 3.9 million (previous year: minus € 1.1 million). Adjusted for the expenses and income from the revaluation of the remaining venture capital portfolio of minus € 2.5 million, the adjusted result is minus € 1,356 thousand. Minus € 379 thousand of this is related to the third quarter, which means that a further earnings improvement was achieved despite weak revenue for the quarter. While Grafenfels and sleepz reported losses of € 1.5 million for the first nine months, the Matratzen Union Group is continuing to operate profitably. The subsidiaries together generated EBT of minus € 1,075 thousand in the first nine months. bmp Holding AG was aiming for revenue of at least € 5 million for the fourth quarter. In the current market environment this goal can only be achieved with high marketing expenses, which would directly impact the operating result. However, as we place profitability at the centre of our planning, we will forego higher marketing budgets and therefore expect revenues of around € 4 million for the fourth quarter. For the first time, we are expecting an aggregate positive quarterly result for our subsidiaries Matratzen Union and sleepz. The complete quarterly statement is published under www.bmp-holding.de. Contact Corinna Riewe, bmp Holding AG, Investor Relations, Tel.: [phone], e-mail: [email protected], Fax: [phone]

MESSAGE (ENGLISH VERSION)

BMP HOLDING AG

(pełna nazwa emitenta)

BMPAG Informatyka (inf)

(skrócona nazwa emitenta) (sektor wg. klasyfikacji GPW w W-wie)

10629 Berlin

(kod pocztowy) (miejscowość)

Schluterstrasse 38

(ulica) (numer)

[phone] [phone]

(telefon) (fax)

[email protected] www.bmp-holding.de

(e-mail) (www)

DE189127349 000000000

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2016-11-30 Oliver Borrmann Prezes Zarządu Oliver Borrmann