DGAP-News: Sedo Holding AG reports successful start to 2012 financial year
(firmenpresse) - DGAP-News: Sedo Holding AG / Key word(s): Quarter Results
Sedo Holding AG reports successful start to 2012 financial year
08.05.2012 / 17:51
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- Revenue growth of 4% to EUR 34.4 million (previous year: EUR 33.0 million)
- EBIT up 15.8% to EUR 2.2 million (previous year: EUR 1.9 million)
- Revenue and earnings forecasts confirmed in line with positive trend
Cologne, May 8, 2012 - Sedo Holding AG (ISIN DE0005490155) has today
published its consolidated financial results for the first quarter of 2012.
Generating 4.2% revenue growth, the company has maintained momentum from
the fourth quarter of 2011, and made a good start to its new fiscal year.
Total Group revenue grew to EUR 34.4 million in the first quarter of 2012,
compared with EUR 33.0 million in the previous year. The growth drivers in
this context remained the expansion of business with major customers and
advancing internationalization in the Affiliate Marketing segment. Segment
revenue was up from EUR 22.5 million in the previous year to EUR 25.9
million. The number of partner programs increased by 15.5%, and the number
of connected websites by 1.7%. Revenue in the Domain Marketing segment fell
to EUR 8.5 million (previous year: EUR 10.4 million). Here, the weaker
business trend in the domain parking area continued, as in the previous
quarters of the 2011 financial year. The number of domains tradable on the
platform rose by 5.1% to EUR 16.5 million as of March 31, 2012, compared
with EUR 15.7 million as of December 31, 2011. Around 3.9 million domains in
the performance-based domain parking area are also available for marketing
purposes, compared with 4.4 million at the year-end.
Overall, the Group generated EUR 2.4 million of result of operating
activities before depreciation, amortization and write-downs on domains
(EBITDA) in the first three months of 2012, compared with EUR 2.2 million in
the previous year. This represents 9.1% growth, and reflects the expansion
in the affiliate business, and a lower cost base during the period under
review.
Earnings before taxes (EBT) were up by 15.8% to EUR 2.2 million, compared
with EUR 1.9 million in the previous year. After deducting EUR 0.9 million
of taxes on income (previous year: EUR 1.0 million), the Group generated
consolidated net income of EUR 1.3 million (previous year: EUR 1.0 million).
Earnings per share amounted to EUR 0.04, compared with EUR 0.03 in the
previous year.
Dr. Dorothea von Wichert-Nick, Management Board member responsible for
affilinet marketing and sales, takes a positive view of the start to 2012:
'We have successfully continued on our path with around 15% growth in
Affiliate Marketing in the first three months of this year. We are
particularly proud that, along with Thomas Cook, we now count a further
tourism sector heavyweight among our advertisers with FTI.'
'Within the Domain Marketing segment, domain parking is down, as expected.
Thanks to our market-leading position in domain trading, particularly with
our unique 'one-stop-shop' product offerings - in other words, our
combination of domain trading and parking - we regard ourselves as
well-equipped for the future', Tobias Flaitz, Management Board member
responsible for Sedo marketing and sales, went on to add.
In line with the positive trend, the Management Board confirmed its
financial year 2012 revenue and earnings forecast, and anticipates revenue
growth of around 10%, and EBT (before one-offs) to be up by around 15%.
Key IFRS consolidated Jan. - Mar. 2012 Jan. - Mar. 2011 Change*EBITDA - result of operating activities before depreciation, amortization
figures in EUR million
Sales revenues 34.4 33.0 4.2%
EBITDA* 2.4 2.2 9.1%
EBT 2.2 1.9 15.8%
Consolidated net income 1.3 1.0 30.0%
EPS in EUR 0.04 0.03 33.3%
and write-downs on domains.
On May 9, 2012, Sedo Holding AG will publish its Q1 2012 report for
downloading from its website at www.sedoholding.com.
Company profile:
The Sedo Holding Group in Cologne is an independent supplier of
performance-based marketing solutions in the Internet. It unites the two
leading marketplaces for performance advertising and domains on the
Internet: affilinet for Affiliate Marketing and Sedo for Domain Marketing.
The Group is represented with branch offices in five European countries,
Germany, France, Spain, Great Britain and the Netherlands, as well as in
the USA. In total, at the end of 2011 Sedo Holding AG had 345 employees, of
this total 242 in Germany and 103 in the foreign branch offices. In fiscal
year 2011 the Sedo Holding Group registered sales revenues of EUR 124.5
million with an EBT after one-offs of EUR 3.2 million.
Contact:
Marcus Schaps
Head of PR
Sedo Holding AG
Elgendorfer Straße 57
56410 Montabaur
Tel.: +49 (0) 2602 - 96 1076
Fax: +49 (0) 2602 - 96 1013
E-Mail: presse-holding(at)sedo.com
End of Corporate News
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08.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Sedo Holding AG
Im Mediapark 6
50670 Köln
Germany
Phone: +49 - (0)221 / 34030-560
Fax: +49 - (0)221 / 34030-564
E-mail: holding(at)sedo.com
Internet: www.sedoholding.com
ISIN: DE0005490155
WKN: 549015
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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168735 08.05.2012
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