LBi sees continued strong underlying performance in Q3 2012


AMSTERDAM, THE NETHERLANDS--(Marketwire - Nov 7, 2012) - LBi International N.V. (NYSEEuronext symbol: LBI), Europe's largest independent marketing andtechnologyagency, today reports its third quarter results for the period ended 30September 2012.

Key highlights

* Q3 2012 net sales up 27.3% versus Q3 2011 reflecting strong growth inall regions outside Central and Southern Europe;

* Q3 2012 adjusted EBITDA up 26.3% to EUR 10.1 million vs. Q3 2011 (EUR8.0 million), EBITDA margin at 16.4% (16.5%);

* Intended public offer by Publicis to acquire all shares of LBI for EUR2.85 per share announced in September;

* Q3 2012 results impacted by EUR 8.9 million one-off charges(principally transaction cost relating to Publicis deal, accelerated integration ofUS business and related revision of Mr Youth earn out arrangement;

* Healthy financial position with limited net debt of EUR 8.5 million;

* Positive cash flow from operations of EUR 9.6 million in Q3 2012.

Luke Taylor, CEO of LBi commented:

We are broadly pleased with the progress we have made in Q3. Sales andadjustedEBITDA in the period increased by 27% and 26% respectively. Partly on thebackof a sound contribution by Mr Youth's social media marketing activities,stronggrowth was recorded in the US. The UK and Nordic regions also showed stronggrowth, while central Europe remained flat quarter over quarter. Whiletheseresults once again demonstrate strong continued momentum we are cautious onthefinal quarter. Historically we have benefited from strong seasonaldiscretionaryspend and it is not currently clear if the client budgets exist in Q4 toonceagain support this behaviour. We are also assuming a degree of disruptionas aconsequence of the storm damage in New York. In general clients arebehavingtentatively and visibility has deteriorated slightly relative to typicallevels.It should however be noted that in October, we saw a marked improvement innewbusiness activity following a relatively quiet summer period in the run uptoand during the Olympics.

Of course the most notable achievement in Q3 was the agreement we reachedwithPublicis Groupe on the intended public offer for all outstanding LBishares.This agreement represents the successful conclusion of our corporatetransformational plan and delivers an excellent platform for furtherconsistentgrowth and service expansion under the wings of Publicis. We are delightedandlook forward to work together when the transaction will be completed.

Open the link below for the complete LBi Q3 2012 trading update

About LBi

LBi International N.V. (NYSE Euronext Amsterdam: LBI) is Europe's largestindependent marketing and technology agency. We have operations in 16countriesand a staff of approximately 2,200 experts, who blend insight, media,creativityand technical expertise to create value for leading brands. We helpcompanies ofall shapes and sizes decide what's nextfor their business - and then we take them there. We defineand execute transformational digital strategies forclients active in a wide variety of businesses.

There are many things that make LBi unique, but if we had to choose one itwouldbe our ability to bring together diverse teams of experts to suit anybrief. Wecall this blending, and it's the reason why all typesof organisations - from famous globalbusinesses to disruptive start-ups - choose LBi to help make theirbrands desirable wherever, whenever and however people choose to engagewiththem.

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LBi Q3 2012 trading update:

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Source: LBi International N.V. via Thomson Reuters ONE



Luke Taylor
LBi International N.V.
+44 20 7063 6465
Email Contact

Huub Wezenberg
LBi International N.V.
+31 20 460 4500
Email Contact

LBi's head office:
LBi International N.V.
Joop Geesinkweg 209 | 1096 AV Amsterdam | The Netherlands
P.O. Box 94829 | 1090 GV Amsterdam | The Netherlands
Company registration no. 30277334

Phone: + 31 20 460 45 00
Fax: + 31 20 460 45 09


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