Ecommerce Alliance AG (ISIN DE000A12UK08) announced their preliminary figures for 2016 today. According to preliminary calculations for the past financial year, the operative result (EBITDA) amounted to EUR 0.4 million compared to EUR 1.8 million year on year.
Strategic investments, specifically in the further development of key analysis and optimisation tools for the group-internal service companies had an earnings-reducing effect during the reporting year. Due to the year on year reduced scope of consolidation, group earnings were reduced during the reporting period to around EUR 18.4 million (EUR 50.7 million in the previous year). It is important to note in the year on year comparison that the holdings in the now deconsolidated wap-telecom GmbH contributed sales of EUR 29 million to the overall revenues of the 2015 business year.
An outlook for the current fiscal year will be announced at the time of publication of the annual report 2016 in May 2017.
