DGAP-News: TOMORROW FOCUS AG first-quarter revenue up 16 percent
(firmenpresse) - DGAP-News: TOMORROW FOCUS AG / Key word(s): Quarter Results
TOMORROW FOCUS AG first-quarter revenue up 16 percent
08.05.2012 / 08:17
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TOMORROW FOCUS AG first-quarter revenue up 16 percent
Munich (Germany), 8 May 2012 - Following a year of strong growth in 2011,
TOMORROW FOCUS AG moved seamlessly into 2012 with a further increase in
revenue. After adjusting for the AdJug Group (since 1 August 2011 TOMORROW
FOCUS AG is no longer the majority shareholder), the Group's consolidated
revenue from operating activities in the first quarter of 2012 showed a
year-on-year increase of 16.2 percent from EUR 31.3 million to EUR 36.4
million.
This first-quarter increase was mainly achieved thanks to positive results
in all three of the Group's operating segments.
Revenue in the Transactions segment rose by 16.5 percent to EUR 27.6
million. HolidayCheck AG delivered another outstanding performance with
double-digit growth in revenue. Furthermore, at the end of April,
HolidayCheck.de emerged as the winner in a review of hotel rating portals
conducted by the German consumer organisation Stiftung Warentest.
HolidayCheck AG's international business performed exceptionally well, with
first-quarter revenue up more than 100 percent on the same period in the
previous year.
Further contributions to this strong first-quarter performance came from
EliteMedianet GmbH, which operates what it regards as Germany's biggest
online dating agency ElitePartner.de, and from jameda GmbH, which operates
the physician ratings portal jameda.de.
After adjusting for the AdJug Group, the Advertising segment put on 17.8
percent year on year to reach EUR 6.1 million. This increase was driven in
part by a superb first-quarter performance from Germany's second-biggest
digital marketing specialist TOMORROW FOCUS Media.
The news portal FOCUS Online, which recorded a new all-time high of around
10.3 million unique users in January 2012, also made a substantial
contribution to the segment's revenue figures.
First-quarter revenue in the Technologies segment was 8.6 percent higher
year-on-year at EUR 2.7 million. Both companies in the segment delivered a
strong performance. Cellular GmbH again benefited from a sustained high
level of demand for mobile applications, while TFT GmbH established a
strong position in the e-Commerce sector.
Although consolidated earnings for the first quarter 2012 were below the
level of the previous year as a result of a EUR 3.7 million increase in
internationalisation and marketing costs for the sustainable expansion of
market share at HolidayCheck, the figures were nevertheless above
expectations.
Group earnings before interest, taxes, depreciation and amortisation (Group
EBITDA) for the first quarter of 2012 were 12.0 percent lower at EUR 4.2
million compared to the previous year's figure of EUR 4.7 million.
At EUR 2.9 million, Group earnings before interest and taxes (Group EBIT)
for the first quarter of 2012 were down 16.5 percent from the previous
year's figure of EUR 3.5 million.
Group earnings before taxes (Group EBT) for the first quarter of 2012 stood
at EUR 1.1 million, 39.3 percent down on the previous year's figure of EUR
1.8 million.
Group earnings after taxes for the first quarter of 2012 were 57.6 percent
lower at EUR 0.4 million compared to EUR 1.0 million recorded in the first
quarter 2011.
Group comprehensive income for the first quarter rose from EUR 0.0 million
in 2011 to EUR 0.4 million in the current financial year.
Consolidated earnings per share for the first quarter of 2012 were EUR 0.01
compared to EUR 0.02 in 2011.
The second quarter of 2012 has started well with all three operating
segments experiencing renewed year-on-year growth. The Management Board is
therefore confident that the Group can deliver another double-digit
increase in revenue from operating activities in financial 2012, both
through organic growth and through further suitable acquisitions in the
areas of Transactions and Advertising, and that it can therefore maintain
the successful record of operating profit achieved in the previous year.
The German version of the 2012 first-quarter report of the TOMORROW FOCUS
Group will be published on the website at www.tomorrow-focus.de on 8 May.
The English translation of the report will be available subsequently.
About TOMORROW FOCUS AG
TOMORROW FOCUS AG (ISIN DE005495329) is based in Munich, Germany, and is
one of the leading exchange-listed Internet groups in Germany.
The Group has a workforce of around 600, and its business operations are
divided into three segments: Transactions, Advertising and Technologies:
The Transactions segment includes HOLIDAYCHECK, the Group's hotel rating
and travel booking portal, the Dutch online travel agent TJINGO,
ELITEPARTNER, a premium online dating portal, and JAMEDA.de, the physician
ratings portal.
The Advertising segment includes TOMORROW FOCUS Media, one of the leading
German online marketing providers, which markets a number of portals on
behalf of business partners in addition to those operated by the Group
itself, such as the news and utility journalism site FOCUS Online and the
stock market information portal FINANZEN100. The Technologies segment
includes CELLULAR GmbH, one of Germany's leading full-service agencies for
mobile platforms, and TFT GmbH, which provides technology and creative
services for web-based IT and e-commerce solutions.
Media&Investor Relations contact:
TOMORROW FOCUS AG
Armin Blohmann
Neumarkter Strasse 61
81673 München
Germany
phone: +49 (0)89 9250-1256
fax: +49 (0)89 9250-2403
email: a.blohmann(at)tomorrow-focus.de
www.tomorrow-focus.de
http://twitter.com/tomorrowfocus
http://facebook.de/tomorrowfocus
http;//youtube.com/tomorrowfocus
Photo material and logos can be found in our media newsroom at
www.tomorrow-focus.de/newsroom
End of Corporate News
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08.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: TOMORROW FOCUS AG
Neumarkter Str. 61
81673 München
Germany
Phone: +49 (0)89 9250-1256
Fax: +49 (0)89 9250-2403
E-mail: a.blohmann(at)tomorrow-focus.de
Internet: www.tomorrow-focus.de
ISIN: DE0005495329
WKN: 549532
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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