Report

FY16 results: in line

DMS released FY16 results. Revenues reached €37.4m, EBITDA €-714k, EBIT €-1,284k and net income €-1,016k. The group had a net cash position at the end of FY16 of €2.1m, vs €1.1m at the end of FY15. Looking into FY17, the group expects the radiology segment to be supported by the agreement with NGI (see our Latest dated 12 January), while the first results of the R&D efforts at Alpha Mos should start bearing fruit in H2, while DMS Wellness should also book its first sales during H2.
Underlying
DMS Inc.

DMS is mainly engaged in the provision of mailing services. Direct Mail segment offers mailing services including personalized direct mail services and delivery service. Sales Promotion segment is engaged in the advertising activities for sales promotion such as POP display, promotional item creation, flyer delivery service, and sample product delivery service. Event segment is engaged in the planning, production, creation and management of various events such as sales promotion events, sports and cultural events, and campus events. Leasing segment provides property leasing services. Other segment is engaged in the media advertising, as well as the home appliance sales.

Provider
AlphaValue Corporate Services
AlphaValue Corporate Services

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Analysts
Fabrice Farigoule

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