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sur Ad Pepper Media International N.V. (ETR:APM)

Positive Outlook for ad pepper media International N.V.

Ad pepper media International N.V. (APM) has received a positive assessment from First Berlin Equity Research. The firm reaffirms its "Buy" recommendation with a target price of EUR 5.00. Dr. Karsten von Blumenthal from First Berlin cites APM's strong performance and strategic expansion plans as key reasons for this stance.

APM's third-quarter results showed a 165% year-on-year increase in EBITDA, reaching EUR 1.3 million. This surge is primarily attributed to its subsidiaries Solute and Webgains, contributing significantly to the group's earnings. The upcoming inclusion of Checkout Charlie's performance is expected to further boost Q4 results.

Looking ahead to 2026, APM's expansion through internationalization, cross-selling, and tech-driven operations is predicted to drive substantial growth. These strategies support the unchanged price target and the confirmed "Buy" recommendation, indicating a promising future for APM.

R. P.

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