BMPAG - Results for the 1st quarter of 2016

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 9 / 2016

Data sporządzenia: 2016-05-31

Skrócona nazwa emitenta

BMPAG

Temat

Results for the 1st quarter of 2016

Podstawa prawna

Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe

Treść raportu:

• Quarterly revenue of € 4.25 million • Consolidated earnings of minus € 2.3 million burdened through an individual value adjustment of almost € 2 million • Annual forecast for the operative business confirmed bmp Holding AG’s (ISIN DE0003304200) revenue developed in line with planning in the first quarter 2016. Consolidated revenue amounted to € 4.25 million (prior-year period: € 0.0 million). Together, sleepz GmbH and the Matratzen Union Group companies thus generated growth of almost 40% in comparison to their revenue in the first quarter of 2015, when they were not yet included in the scope of consolidation of bmp Holding AG. Grafenfels Manufaktur GmbH did not yet contribute any revenue in the first quarter. The gross profit margin of slightly above 30% was also in line with expectations. Consolidated earnings of minus € 2.3 million (prior-year period: € 1.05 million) were heavily burdened by a specific valuation allowance of approximately € 2 million that was needed for one of the available-for-sale venture capital investments. The company had counted on a financing from former shareholders, which was cancelled at short notice. As a result, this former investment is highly vulnerable to default. The operating subsidiaries sleepz GmbH, Grafenfels Manufaktur GmbH and the companies of the Matratzen Union Group developed in line with planning, with a net loss of € 313 thousand. While Grafenfels and sleepz still reported losses, the Matratzen Union Group contributed a positive quarterly result. The holding company itself generated a loss of € 142 thousand, which also developed in line with planning. Because the second quarter seasonally tends to be weaker than the first in our sector, we expect to see a slight decrease in quarterly revenue from sleepz as well as of the Matratzen Union Group. At the same time, Grafenfels will make its first contribution to revenue, although this is expected to be small still. Overall, we therefore anticipate revenue of € 3.5 million in the second quarter. Acquisitions of additional companies will not take place in the second quarter. In view of the discontinuation of its venture capital business, in May bmp Holding AG rescinded the investment consultancy contract agreed with bmp Beteiligungsmanagement AG with a term from 2011until the end of 2021 by mutual agreement and replaced it with a “contract for the management and sale of the old VC investments" with a significantly shorter term until the end of 2017. The contract provides for quarterly remuneration of € 100 thousand from 1 April 2016 to 31 December 2017. The previously accrued carry claim is fully offset against this remuneration totalling € 700 thousand. The forecast for the year with organic revenue of € 20 million and earnings from ordinary business activities of minus € 1 million to minus € 2 million still applies. The guidance of revenue of € 25 million to € 40 million including an additional one or two company acquisitions also remains in place, with the effect on consolidated revenue largely being influenced by the timing of possible acquisitions in the second half of the year. This in turn is dependent on the implementation of successful exits in the coming months. The complete quarterly statement is published under www.bmp-holding.de. Legal Basis: Article 56 section 6 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on Public Companies, as amended.

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

2016-05-31 Oliver Borrmann Prezes Zarządu Oliver Borrmann