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Rocket Internet AG Johannisstraße 20 10117 Berlin, Germany http://www.rocket-internet.com
Contact Ms Viktoria Solms +49 30 300131800
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Rocket Internet AG

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

(PresseBox) (Berlin, )
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
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.