ADLPARTNER: 2.2% NET SALES GROWTH FOR THE FIRST NINE MONTHS OF 2016

PRESS RELEASE
Paris, 27 October 2016 (6 pm)

ADLPartner: 2.2% net sales GROWTH
for the first nine months of 2016

The ADLPartner Group recorded €87.0 million in net sales [1] for the first nine months of 2016, up 2.2% year-on-year. The gross sales volume [2] came to €198.5 million, down 1.3%.

Quarterly business trends

At 30 September 2016 2015 Change
 
Gross sales volume (€ million) 198.5 201.2 -1.3%
1st quarter68.269.5-2.0%
2nd quarter67.366.3+1.4%
3rd quarter63.165.3-3.5%
    
Net sales (€ million) 87.0 85.2 +2.2%
1st quarter29.829.4+1.1%
2nd quarter29.627.9+5.9%
3rd quarter27.727.8-0.5%

In the third quarter, the ADLPartner Group optimized its prospecting campaigns, while focusing on its open-ended subscription portfolio, which was virtually stable in France at end-September 2016. Alongside this, marketing services have continued to develop strongly, particularly in Spain. Lastly, the commercial investments in ADLP Assurances, the specialist direct marketing insurance brokerage subsidiary, have continued to move forward with a view to developing a portfolio of contracts that will drive future revenues.

Developments for each region

At 30 September 2016 2015 Change
       
Active open-ended subscriptions (units) 2,967,688 3,006,286 -1.3%
France2,887,6522,903,001-0.5%
Spain80,036103,285-22.5%
       
Gross sales volume (€ million) 198.5 201.2 -1.3%
France188.5194.2-2.9%
Spain10.07.0+43.5%
    
Net sales (€ million) 87.0 85.2 +2.2%
France79.180.3-1.4%
Spain7.94.9+60.5%


Change in the product mix

At 30 September 2016 2015 Change
       
Gross sales volume (€ million) 198.5 201.2 -1.3%
Open-ended subscriptions147.2151.7-3.0%
Fixed-term subscriptions25.928.2-8.2%
Books, merchandise, audio and video13.814.9-7.3%
Other11.76.4+81.8%
      
Net sales (€ million) 87.0 85.2 +2.2%
Open-ended subscriptions53.954.9-1.9%
Fixed-term subscriptions10.912.1-9.8%
Books, merchandise, audio and video11.912.7-6.0%
Other10.35.5+87.5%

The open-ended subscription portfolio has achieved solid sales thanks to ongoing work to optimize its marketing mix. Prospecting campaigns for the fixed-term subscription portfolio and the books, merchandise, audio and video range have been limited, reflected in a reduced contribution by these offers. The strong progress made with other products highlights the sustained growth in BtoB marketing services sold under the ADLPerformance brand and, to a lesser extent, the development of ADLP Assurances.

Outlook

The ADLPartner Group is moving forward with a strategy to create value and capitalize on its marketing expertise in new growth markets. To support the development of its subsidiary ADLP Assurances, the Group is maintaining a level of commercial investments comparable to 2015. This diversification will enable the Group to further strengthen its potential for growth and profitability over the medium and long term.

Next date: 2016 full-year net sales on 26 January 2017 (after close of trading)

ADLPartner in brief

With its extensive track record in performance marketing, ADLPartner designs, markets and implements customer relationship management and loyalty services on its own behalf or for its major partners (banks, retailers, services, e-commerce, etc.) across all distribution channels.
ADLPartner is listed on the regulated market Euronext Paris - Compartment C.
ISIN: FR0000062978-ALP - Bloomberg: ALP:FP - Reuters: ALDP.PA
www.adlpartner.com

CONTACTS

ADLPartner
Investor Relations & Financial Information
tel: +33 1 41 58 72 03
relations.investisseurs@adlpartner.fr

 
Calyptus
Cyril Combe
tel: +33 1 53 65 68 68
adlpartner@calyptus.net

 



[1] Net sales (determined in line with the French professional status for subscription sales) only include the amount of remuneration paid by magazine publishers; for subscription sales, net sales therefore correspond to a gross margin, deducting the cost of magazines sold from the amount of sales recorded. For acquisition and management commissions linked to sales of insurance policies, net sales comprise current and future commissions issued, acquired by the accounting reporting date, net of cancellations.

[2] Gross sales volume represents the value of subscriptions and other products sold. It is equal to net sales for the insurance business.

ADLPARTNER: 2.2% NET SALES GROWTH FOR THE FIRST NINE MONTHS OF 2016



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: ADLPARTNER via GlobeNewswire

HUG#2052312