DGAP-News: BOB MOBILE AG: Preliminary figures for 2009: strong increase of earnings to EUR 1.7 million with sales increasing to EUR 33 million. Positive outlook for 2010.
(firmenpresse) - Bob Mobile AG / Preliminary Results
17.03.2010 09:46
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Bob Mobile AG, Straelen (WKN A0HHJR, ISIN DE000A0HHJR3) significantly
exceeded its own expectations in the business year 2009. According to
preliminary figures sales and earnings have grown substantially at group
level with consolidated group sales of EUR 33 million (2008: EUR 12.6
million, +162%) in fiscal 2009, EBIT amounts to EUR 4.4 million. Net income
at Group level amounted to EUR 3.0 million. Excluding minority interests,
net consolidated group earnings at Group level amount to EUR 1.7 million
(2008: EUR 0.5 million, +240%). All subsidiaries have been fully included
in the group results for the fiscal year 2009 based on full consolidation
methodology. All figures are preliminary and have not yet been testified.
Final figures for the business year 2009 are expected in early June.
Within the group, in particular, the subsidiary Guerrilla Mobile Berlin
GmbH (50.2% participation) developed very positively and represented with
EUR 19 million for nearly 2/3 of total Group sales (fiscal year 2008: EUR
0.46 million sales, non consolidated). From 01 September 2009 all sales and
marketing of mobile entertainment products have been bundled within this
subsidiary. The Pink Adventure AG (100% participation) showed strong
revenue growth and realized in the business year 2009 for the first time a
positive result. The Venga Mobile GmbH (100% participation) has further
developed as a service company and contributed through improvements in the
technical area substantially to the group's growth. imobic GmbH (100%
participation), a new subsidiary founded in 2009 managed to organize its
first competition; nevertheless an initial loss has been generated,
resulting in a loss of EUR 0.6 million for the business year 2009.
While during 2008, the growth has been strongly negative affected by the
economic crisis and by the in-sourcing of technology, in 2009 synergetic
effects had a positive effect. The group proprietary technical platform
proved it's scalability at high volumes and internationalisation. The
demand for mobile products increased significantly and Bob Mobile was able
to gain significant market shares from less successful and less flexible
competitors.
Thanks to the favourable developments, it is expected that a similar level
of dividends will be proposed to the annual shareholder meeting as in the
previous year. The Group had a headcount of 60 at 31 December 2009.
Outlook 2010: The Bob Mobile Group is well positioned and will continue to
consistently pursue its internationalization strategy. For the business
year 2010 Bob Mobile expects a 10% minimum growth of revenue and earnings.
About Bob Mobile AG:
Bob Mobile AG is a holding company in the area of mobile value added
services, based in Straelen, Germany. As a leading marketer of mobile and
interactive value added services, Bob Mobile has established
direct-to-consumer distribution in several European countries via its
subsidiaries and possesses a technical reach of over 150 million mobile
phone users. In addition, the Bob Mobile Group develops cutting-edge mobile
content&concepts. Bob Mobile specialises in selling its products via TV
and the internet and cooperates closely with leading television
broadcasters as well as internet networks. Bob Mobile group of companies
currently accounts on monthly bases for over 10.000 TV commercials and over
1.000 hours TV programming within Europe. The Bob Mobile Group focuses on
profitable growth: via expansion into new countries as well as via active
product- and services development for current as well as new multimedia
handsets.
Contact Bob Mobile AG:
Lucy Tiegelkamp
Paesmühlenweg 8, D-47638 Straelen
Telefon: +49 (0)2834 9429209; Telefax: +49 (0)2834 46299409;
Email: Investor(at)bobmobile.com
Internet: www.bobmobile.ag
Lucy Tiegelkamp
17.03.2010 09:46 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
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Datum: 17.03.2010 - 04:46 Uhr
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