windeln.de Initiates Set of Measures to Focus its Business Activities, Improve Processes, and Increase Profitability

Preliminary figures for the first half of 2016

First half of 2016 Total Shopping Clubs Continued
Revenue (million euros) 101 10 92
in % year-on-year growth 35% 33% 35%
Gross profit from sales (million euros) 30 3 26
n % of turnover 29% 33% 29%
Adjusted EBIT (EUR million) -15 -3 -13
in % of turnover -15% -29% -14%

Second quarter 2016 Total Shopping Clubs Continued
Revenue (million euros) 49 5 45
in % year-on-year growth 25% 22% 26%
Gross profit from sales (million euros) 15 2 13
in % of turnover 30% 33% 29%
Adjusted EBIT (EUR million) -8 -2 -6
in % of turnover -15% -36% -13%
1 Note: "Adjusted EBIT" is not a measure in accordance with IFRS. Information on the calculation of Adjusted EBIT can be found in the Annual Report 2015 of windeln.de AG