windeln.de AG: Preliminary figures: windeln.de shows strong growth and considerable margin improvement in the first quarter of 2015

 In Ad-hoc releases
windeln.de AG  / Key word(s): Preliminary Results/Quarter Results

20.05.2015 21:07

Dissemination of an Ad hoc announcement according to ยง 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Preliminary figures: windeln.de shows strong growth and considerable margin improvement in the first quarter of 2015

  - Revenues of EUR35.6 million in the first quarter of 2015; 87 percent increase compared to previous year

  - Gross profit estimated at EUR8.5 - EUR9.2 million (gross margin of 23.8 - 25.8 percent)

  - Adjusted EBIT expected to total EUR-1.5 - EUR-1.2 million (adjusted EBIT margin of -4.2 -3.4 percent)

Munich, 20 May 2015. windeln.de AG ("windeln.de" or "the Company") has increased its gross profit to EUR8.5 - EUR9.2 million according to preliminary figures. This corresponds to a gross margin of 23.8 -25.8 percent (Q1 2014: EUR4.5 million or 23.3 percent). Preliminary figures indicate that the adjusted EBIT has improved to EUR-1.5 - EUR-1.2 million, which equates to an adjusted EBIT margin of -4.2 -
-3.4 percent for the first quarter of 2015 (Q1 2014: EUR-2.1 million or -11 percent). As already reported, revenues of windeln.de grew by 87 percent to EUR35.6 million in the first quarter of 2015 (Q1 2014: EUR19.1 million). All figures reported herein are preliminary and unaudited. windeln.de will publish full financial figures for the first quarter 2015 on 28 May 2015 as scheduled.

Overview of the preliminary figures for the first quarter1
                            Q1 2015              Q1 2014      Change in %
Revenues (in kEUR)          35,649               19,083       87
Gross profit (in kEUR)      8,500 - 9,200        4,447        91 - 107
as % of revenues            23.8 - 25.8          23.3         0.5 - 2.5ppt
EBIT, adjusted (kEUR)       -1,500 - -1,200      -2,100       28 - 43
as % of revenues            -4.2 - -3.4          -11.0        6.7 - 7.6ppt


1 Gross profit and EBIT are preliminary; adjusted EBIT adjusted to exclude equity-settled stock based compensation costs, transaction costs and IPO-related expenses. Press Contact Amelie Heinz Phone: +49 (89) 41 61 71 52 75 Email: presse@windeln.de About windeln.de windeln.de is one of the leading pure-play online retailers specializing in baby and toddler products in Germany, Austria and Switzerland. The Company also successfully sells baby and toddler products to customers in China. windeln.de offers approximately 100,000 products from over 1,000 brands, which young parents can comfortably order online. The offer ranges from diapers and baby food to child furniture, toys, clothing, strollers and car seats, making windeln.de a one-stop shop for parents. For further information, please visit https://corporate.windeln.de. Disclaimer This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company's business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made. Each of the Company and its affiliates expressly disclaims any obligation or undertaking to update, review or revise any forward looking statement contained in this announcement whether as a result of new information, future developments or otherwise. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The information in this announcement is subject to change. 20.05.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: windeln.de AG Hofmannstr.51 81379 Munich Germany Phone: 089 / 416 17 15-0 Fax: 089 / 416 17 15-11 E-mail: Internet: www.windeln.de ISIN: DE000WNDL110 WKN: WNDL11 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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