30.11.2016 Rocket Internet SE  DE000A12UKK6

DGAP-News: Rocket Internet SE: Selected Companies Grow Revenue and Continue to Reduce Losses on Path Towards Profitability (news with additional features)


 
DGAP-News: Rocket Internet SE / Key word(s): 9-month figures
Rocket Internet SE: Selected Companies Grow Revenue and Continue to Reduce
Losses on Path Towards Profitability (news with additional features)

30.11.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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Rocket Internet SE:

Selected Companies Grow Revenue and Continue to Reduce Losses on Path
Towards Profitability
  - Aggregate net revenue of selected companies grew by 30.6% to EUR 1.58
    billion 9M 2016 versus 9M 2015

  - Aggregate adjusted EBITDA margin of selected companies improved from
    -34.4% in 9M 2015 to -17.5% in 9M 2016

Berlin, November 30, 2016 - Rocket Internet SE's ("Rocket Internet" or "the
Company") selected companies continued on the path towards profitability.
For the first nine months 2016, the aggregate adjusted EBITDA margin
improved significantly at all selected companies from a weighted average of
-34.4% in the first nine months 2015 to -17.5%. The selected companies
continued to grow revenues, whilst absolute EBITDA losses decreased by EUR
159 million.

Selected companies in the core sectors Food & Groceries (HelloFresh and
foodpanda), Fashion (Global Fashion Group ("GFG")), General Merchandise
(Jumia) and Home & Living (Westwing and Home24) continued to show an
increase in aggregate net revenue of 30.6%, reaching EUR 1.58 billion for
the first nine months 2016.

HelloFresh, the leading global fresh meals at home provider, grew by 121.3%
and reached EUR 438 million net revenue in 9M 2016, while improving its
adjusted EBITDA margin by 11.1 percentage points to -15.1%. GFG increased
net revenue by 26.6% to EUR 706 million in 9M 2016, with a clearly improved
adjusted EBITDA margin of -14.1%. Dafiti, GFG's Latin American online
fashion retailer, improved its adjusted EBITDA margin from -31.8% in the
first nine months 2015 to -7.0% in 9M 2016. Middle Eastern online fashion
retailer Namshi has reached breakeven in the first 9M 2016, with an
adjusted EBITDA margin of 2.5% for the period. Online Home & Living company
Westwing also significantly improved its adjusted EBITDA margin by 20.5
percentage points to -9.2% during 9M 2016.

Rocket Internet and its companies continue to be very well funded, with
available cash of
EUR 1.6 billion at Rocket Internet and additionally EUR 1.1 billion at the
companies, as of the end of October 2016.

Rocket Internet Group's 9M 2016 revenue (EUR 40 million) and the
consolidated loss (negative EUR 642 million) have respectively been
impacted primarily by deconsolidation of subsidiaries and impairment
related charges of associated companies (in particular related to GFG), as
already disclosed in the H1 2016 results.

Shortly after Rocket Internet's uplisting to the Prime Standard on
September 26, 2016, the Frankfurt Stock Exchange announced Rocket
Internet's inclusion in the SDAX index, effective as of October 14, 2016.

 "With the uplisting to the Prime Standard, and the subsequent inclusion in
the German SDAX, we achieved one of our stated goals. The operating
progress accomplished by our selected companies translates into continued
growth and much improved margins," said Oliver Samwer, Rocket Internet's
CEO.

The Rocket Internet Capital Partners fund held a third close on October 4,
2016, which took total combined commitments to USD 869 million. The USD 127
million incremental commitments were subscribed by third party investors
and Rocket Internet (maintaining its 10% stake).

For an overview of the detailed 9M 2016 results for selected companies,
please see the appendix or visit our website.

--- END ---

Contact
E: [email protected]

About Rocket Internet
Rocket Internet builds and invests in Internet companies that take proven
online business models to new, fast-growing markets. Rocket Internet
focuses on five industry sectors of online and mobile retail and services
that make up a significant share of consumer spending: Food & Groceries,
Fashion, General Merchandise, Home & Living and Travel. Its network of
companies operates in a large number of countries around the world with
more than 36,000 employees. Rocket Internet SE is listed on the Frankfurt
Stock Exchange (ISIN DE000A12UKK6, RKET). For further information please
visit www.rocket-internet.com.

Disclaimer / Important Note

Despite not having control over the selected companies mentioned above, the
aggregate financial information is shown on a 100% basis (i.e. 100% of net
revenues and EBITDA). The actual legal and economic interest of the Rocket
Internet group in the network companies shown above is far lower than 100%.
Please refer to Rocket Internet SE's 2015 consolidated financial statements
for additional information on the group's consolidation policies and its
segment information.

This document contains forward-looking statements. These statements are
based on the current views, expectations and assumptions of the management
of Rocket Internet SE and involve known and unknown risks and uncertainties
that could cause actual results, performance or events to differ materially
from those expressed or implied in such statements. Actual results,
performance or events may differ materially from those described in such
statements due to, among other things, changes in the general economic and
competitive environment, risks associated with capital markets, currency
exchange rate fluctuations and competition from other companies, changes in
international and national laws and regulations, in particular with respect
to tax laws and regulations, and other factors. Rocket Internet does not
assume any obligations to update any forward-looking statements.


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Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=RBMQNIMTBD
Document title: Appendix

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30.11.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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   Language:    English                                                     
   Company:     Rocket Internet SE                                          
                Charlottenstrasse 4                                         
                10969 Berlin                                                
                Germany                                                     
   Phone:       +49 (0)30 300 13 1800                                       
   Fax:         +49 (0)30 300 13 1899                                       
   E-mail:      [email protected]                        
   Internet:    www.rocket-internet.de                                      
   ISIN:        DE000A12UKK6                                                
   WKN:         A12UKK                                                      
   Indices:     SDAX                                                        
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated   
                Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,  
                Stuttgart, Tradegate Exchange                               
 
 
   End of News    DGAP News Service  
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525347 30.11.2016



INVESTOR-INFORMATIONEN
©boersengefluester.de
Rocket Internet
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A12UKK 30,200 Kaufen 4.662,12
KGV 2019e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
- 0,00 0,000 -96,77
KBV KCV KUV EV/EBITDA
1,14 - 126,83 -60,799
Dividende '17 in € Dividende '18e in € Div.-Rendite '17
in %
Hauptversammlung
0,00 0,00 0,00 08.06.2018
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
29.05.2018 20.09.2018 29.11.2018 13.04.2018
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
6,97% 22,28% 42,96% 58,53%
       

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