DGAP-News: TOMORROW FOCUS AG announces final results for 2010 - first dividend payment planned
(firmenpresse) - DGAP-News: TOMORROW FOCUS AG / Key word(s): Final Results/Dividend
TOMORROW FOCUS AG announces final results for 2010 - first dividend
payment planned
31.03.2011 / 10:30
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MEDIA RELEASE
TOMORROW FOCUS AG announces final results for 2010
- first dividend payment planned
Munich, Germany, 31 March 2011 - A meeting of the Supervisory Board of
TOMORROW FOCUS AG has confirmed the provisional results for 2010 previously
announced. The Supervisory Board has also approved the Management Board's
resolution to propose the company's first dividend payment of EUR 0.05 per
share to the shareholders at their annual general meeting in Munich on 1
June 2011. This dividend payment is intended to allow shareholders to
partake in the success of the company. The year 2010 was the most
successful in the history of TOMORROW FOCUS AG.
The Consolidated revenue of the TOMORROW FOCUS Group for the financial year
2010 was EUR 128.2 million, up 39.1 percent on the previous year's revenue
of EUR 92.2 million. This was largely achieved due to substantial revenue
growth in all three of the company's business segments. Revenue in the
Transactions segment ended the year 32.5 percent higher at EUR 85.5
million, while the Advertising segment grew by 61.6 percent to reach EUR
31.9 million. To complete the picture, revenue in the Technologies segment
rose by 36.6 percent to EUR 10.8 million.
At EUR 24.0 million, Group earnings before interest, taxes, depreciation
and amortisation (Group EBITDA) for the financial year 2010 showed an
improvement on the previous year's figure of EUR 12.6 million to end the
year up 89.6 percent.
Group earnings before interest and taxes (Group EBIT) for the financial
year 2010 recorded a year-on-year increase of 78.5 percent from EUR 8.9
million in 2009 to EUR 15.9 million.
Group earnings before taxes (Group EBT) for the financial year 2010 stood
at EUR 13.1 million, up 181.4 percent on the previous year's figure of EUR
4.7 million.
Group earnings after taxes rose 404.0 percent from EUR 2.1 million in 2009
to EUR 10.6 million in the financial year 2010.
Consolidated earnings per share for the financial year 2010 were 340
percent higher at EUR 0.22 compared to EUR 0.05 in 2009.
The earnings figures given above reflect a number of extraordinary,
non-recurring items. These include a one-off amortisation charge of EUR 2.5
million in respect of software produced by the company and capitalised as
well as non-recurring Group income of EUR 5.8 million from the sale of
TOMORROW FOCUS AG's stake in Playboy Deutschland Publishing GmbH. If the
results are adjusted to exclude these non-recurring items, the figure for
consolidated earnings per share in the financial year 2010 would be EUR
0.16 compared to EUR 0.05 in the previous year.
The current financial year has started well. Both the Transactions segment
and the Advertising segment have grown significantly since the start of the
year. The Management Board is therefore confident that 2011 will also be a
year of growth.
The German version of the annual report of the TOMORROW FOCUS Group will be
published at www.tomorrow-focus.de during the course of today. The
English-language version will follow shortly.
About TOMORROW FOCUS AG:
TOMORROW FOCUS AG (ISIN DE0005495329) is one of the leading exchange-listed
Internet groups in Germany. Thecompany is based in Munich.
The Group's business operations are divided into three divisions:
Transactions, Advertising and Technologies:
The Transactions division includes HOLIDAYCHECK, the Group's hotel rating
and holiday/travel booking portal, ELITEPARTNER, a premium online dating
portal, and JAMEDA.de, the physician rating portal.
The Advertising division includes TOMORROW FOCUS Media, one of the leading
German online marketing providers, marketing not only partner portals, such
as CHIP Online, FAZ.NET, GUTEFRAGE.NET and MEINESTADT.DE, but also the
Group's own Internet portals, such as FOCUS Online, FINANZEN100, and
JAMEDA. ADJUG LTD. is an online marketing provider for surplus advertising
space with two online market places in the UK and Germany. The company is
part of the Advertising division.
Within the Technologies division, TFT and CELLULAR provide comprehensive
services for the stationary and mobile Internet.
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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31.03.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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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
Deutschland
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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117802 31.03.2011
Datum: 31.03.2011 - 10:30 Uhr
Sprache: Deutsch
News-ID 33675
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