SA Emakina Group: Emakina Group: 12 % growth in activities

Operating profitability up 33% in 2014

Brussels (pta023/23.03.2015/15:00 UTC+1) Emakina Group (Alternext Brussels ALEMK) publishes its annual results for 2014 today. Consolidated sales increased by 12% compared with 2013, while operating profit before amortisation (EBITDA) improved by 33%. Sales outside Belgium were almost doubled in 2014. http://www.emakina.com

In 2014, Emakina Group sales amounted to EUR 56,135,588, compared with EUR 50,117,336, in 2013, up 12.0% (+10.7% at constant scope). The growth of activities in entities "outside Belgium" amounted to 93%, half the consolidated income, reflecting the strategy of acquisition of market shares abroad.

With the acquisition in October 2013 of digital communication agency Relephant, Emakina became a leading agency in the Netherlands, while the acquisition in July 2014 of Toy Agency in Paris strengthened Emakina's French market position, broadening its strategic and creative advertising capabilities.

Operating profit (before amortisation) up by 33%

The EBITDA amounted to EUR 4,053,307 in 2014, against EUR 3,056,353 the previous year, accounting respectively for 7.2% and 6.1% of total consolidated sales. At constant scope, the EBITDA amounted to EUR 3,833,472 EUR, or 6.9% of the total consolidated sales. This scope effect is due to the integration of the activities of the Toy Agency in Paris, the positive effects of which can already be seen in the consolidated results of the last six months of 2014.

In 2014, key accounts such as Attractive World, Auping, Brantano, Campina, Education Above All, FIVB, IWC, Ladbrokes, Lola & Liza, Palm, Shurgard, Solaris, Unilever Food Solutions and Yves Rocher chose an Emakina Group agency as their communication partner.

Investments in innovation and strategy

Emakina continues to invest in innovation and strategy initiatives, with a major study on business 'gamification', digital B2C direct marketing solutions, experienced consultants and tried-and-tested methodologies, to strengthen its position as a reference partner in 'digital transformation'.
Emakina Group's management team expects single-digit organic growth in sales for 2015 on the basis of the commercial debt and the international expansion of the group.

About the Emakina Group

Emakina is a European group of digital agencies with over 500 people, supporting their clients in maximising the opportunities of the new digital era. Its service portfolio is centred on Communication, Web Building, Applications Development and Commerce. Emakina is listed on Alternext, Euronext Brussels (mnemo: ALEMK - ISIN: BE0003843605).

More information:
http://www.emakina.com
http://www.emakina.com/#financial

Karim Chouikri, CEO
+32 2-400-40-75
kch@emakina.com

Frédéric Desonnay, CFO
+32 2-788-79-26
fds@emakina.com

Luc Malcorps, Director of Media Relations
+32 2-788-79-73
lma@emakina.com

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Emitter:	SA Emakina Group Rue Middelbourg 64 1170 Watermael-Boitsfort Belgium
Contact Person:	Luc Malcorps
Phone:	+32 2 887973
E-Mail:	lma@emakina.com
Website:	www.emakina.com
ISIN(s):	BE0003843605 (Share)
Stock Exchange(s):	-
Other Stock Exchanges:	Alternext, Euronext Brussels