Giglio.Com — Earnings Release 2015

Feb 3, 2016

Informazione Regolamentata n. 20076-6-2016		Data/Ora Ricezione 03 Febbraio 2016 11:54:28	AIM -Italia/Mercato Alternativo del Capitale
Societa'	:	Giglio Group S.p.A.
Identificativo Informazione Regolamentata	:	68964
Nome utilizzatore	:	GIGLIOE01 - Elena Gallo
Tipologia	:	IRAG 08
Data/Ora Ricezione	:	03 Febbraio 2016 11:54:28
Data/Ora Inizio Diffusione presunta	:	03 Febbraio 2016 12:09:29
Oggetto	:	Giglio Group SpA – Clarifications regarding 2015 fiscal data related to press reports
Testo del comunicato

Vedi allegato.

GIGLIO GROUP S.P.A. - CLARIFICATIONS REGARDING 2015 FISCAL DATA RELATED TO PRESS REPORTS.

In relation to some of the press articles that have underlined a decrease in 2015 Net Profit compared to that of 2014, Giglio Group wants to clarify that the difference is exclusively due to the positive effect of the deferred taxes on 2014 pro-forma Net Profit.

Pro-forma financial statement was drafted exclusively for listing purpose, to take into account changes in Group structure, occurred in 2015 (e.g. merger of Music Box and its subsidiary Nautical Channel).

Excluding the positive impact of deferred tax assets of Euro 300 thousand on 2014 pro-forma Net Profit, EBT, in 2015, grew by 9.7%, from Euro 1.073 thousand in 2014 to Euro 1.177 thousand in 2015. The growth of fundamentals in 2015 has confirmed also by the increase in turnover (+ 20% vs. proforma 2014) and EBITDA (+ 43% vs. proforma 2014).

Information regarding Giglio Group:

Gruppo Giglio is a multimedia global television network set up in 2003, with head office in Rome, it consists of five companies:

Giglio Group SpA, The Parent company that owns two television channels on the Italian digital terrestrial - Acqua and Play.me. It provides technology services to the Group companies and third party companies.

Nautical Channel Ltd, is the only international channel, distributed in 44 countries, 5 continents and 6 languages dedicated to boating and watersports. From 1 April 2015, Nautical Channel is visible in HD throughout Europe and Russia. From November 2014, Nautical Channel is totally controlled by Giglio Group.

Giglio TV HK Ltd, Start up was created in July 2014 it manages the activities of the Group in China. It is the first and only Italian television group to be present in China on all major television and web platforms with its content entirely dedicated to the Italian Lifestyle.

M-Three Satcom, -Founded in 2004 and acquired by Giglio Group in September 2015, it provides the highest level of services and solutions for the broadcasting television sector. In particular it caters to companies with special linking needs and for the distribution of information. M-Three works through a proprietary infrastructure, based on two teleports for transmissions by satellite and fiber, and provides its services to some of the major radio television networks in the media world.

MF Fashion S.p.A, an Italian Company which represents one of the main distributors of Business to Business and is entirely specialized in online fashion. MF Fashion has set itself as a leader in the distribution of excellence in fashion, in the entire online market, operating in key markets: Europe and Eastern countries, Switzerland, China, America, Korea and Russia.

Press Office: Nomad:

Spriano Communication Integrae SIM S.p.A. Matteo Russo e Cristina Tronconi Via Meravigli 13, 20123 Milano mob. 347/9834881 Tel.: +39 02 78625300 mrusso@sprianocommunication.com; info@integraesim.it ctronconi@sprianocommunication.com; www.sprianocommunication.com @SprianoComm