'- EBITDA significantly increased to € 861K (prior year: loss of € 142K)
- Corporate revenues declined slightly to € 40.2m (prior year: € 44.2m)
Munich, September 3, 2015: Ecommerce Alliance AG (ISIN DE000A12UK08), a company listed on the Entry Standard of the Frankfurt Stock Exchange, has completed its internal efficiency and profitability improvement program and released today strong results for the first half of 2015. Preliminary numbers show that the company, which specializes on investments in e-commerce companies, generated an EBITDA of € 861K, compared to minus € 142K in the prior year. This significant increase in profitability is the result of above mentioned executed improvement programs. Group revenues declined slightly, from € 44.2m to € 40.2m, due to the reduced scope of consolidation. Daniel Wild, Chairman of the Management Board of Ecommerce Alliance AG, explained, “We initiated an ambitious restructuring program within our portfolio and executed it within a few months. The outcome is a sustained improvement in our operating income.”
In recent months, Ecommerce Alliance AG reviewed all its investments and services. It placed greater focus on the Services and Brands segments and significantly optimized internal processes. The management board is convinced that these actions will have a measurable long-term impact and thus expects major improvements in operating income over the coming months. Daniel Wild added, “We expect at least to double EBITDA for FY2015 compared to last year.”
Given the overall positive developments, Ecommerce Alliance AG plans to further concentrate its activities in the two segments. CEO Daniel Wild elaborated his plans: “We will continue to pursue sustained growth of our innovative and profitable activities in the segments Services and Brands, organically and through acquisitions.”
The 2015 Semi-Annual Report will be released on September 24, 2015 and available for download at www.mountain-alliance.de.
