DGAP-News: YOC AG: YOC Group still on international growth curve
(firmenpresse) - DGAP-News: YOC AG / Key word(s): Quarter Results
YOC AG: YOC Group still on international growth curve
12.05.2011 / 08:00
---------------------------------------------------------------------
YOC Group still on international growth curve
Berlin, 12th May 2011 - The YOC Group generated the highest quarterly
turnover in its company history in the first quarter of 2011. With a
turnover of 8.9 million EUR the company is recording a growth of 11%
compared to last year's quarter. Profit has also significantly grown with
an increase of 22% to 1 million EUR (Q1/2010: 0.8 Mio. EUR). The mobile
technology business division accounts for 54% of the turnover and media for
46% in the first quarter of 2011.
The positive development in the first quarter of 2011 is based on the YOC
Group's vision to become a globally leading company for mobile technology
and media. The following strategic measures are being implemented and
intensified in future to achieve this goal: firstly, the focus on the
mobile technology and media business divisions, secondly increased
investments in product and platform development and thirdly, the
internationalisation of business activities and transferral of technology
to countries where the company is not represented yet or is only active to
a limited extent.
In the first quarter, the share of revenue from abroad was already 37% at
3,3 million EUR (Q1/2010: 24%). This positive development clearly
highlights the YOC Group's internationalisation strategy. In March 2011,
the company succeeded in further developing European market leadership by
acquiring the French mobile advertising provider MobilADdict SAS. The
launch on the US-American market was also successful, another step on the
path to becoming a globally leading company for mobile technology and
media.
The strong market growth in the first three months of this financial year
will also continue over the next few months. Above all, the increasing
spread of mobile end devices as well as increasing use of smartphones and
associated increased use of the mobile internet will continue to positively
influence the market.
'We are investing massively in product and platform development or rather
in the further development or our basic technologies', explains Dirk Kraus,
CEO at YOC AG. 'Focusing on the mobile technology and media business
divisions, which both have high international scalability, promises
above-average participation in these increasing market volumes in the
future. For the financial year 2011 we are therefore expecting an increase
in turnover to anywhere between 36 and 38 million euro.'
You can find more information about the company at www.yoc.com
Contact
YOC AG
Investor Relations
Christina von Grauvogl
Karl-Liebknecht-Str. 1
10178 Berlin
Tel.: +49-30-726162-205
Fax: +49-30-726162-222
ir(at)yoc.com
www.yoc.com
About the YOC Group
The YOC Group is a worldwide leading provider of mobile technology and
media. The YOC Group licenses its software products to customers from all
sectors and provides them with its platforms based on its in-house
developed scalable technologies. The company operates more than 800 mobile
portals Europe-wide via a protected mobilisation platform. In addition, the
YOC Group has the largest premium marketing network for mobile advertising
in Europe with over 250 titles in its portfolio. The centrally controlled
AdServer already processes more than 100 million requests for mobile
advertising tools via the YOC Media Network and ubiyoo performance network
every day. The YOC Group achieved a turnover revenue of 30.5 million euro
in the financial year 2010 and currently employs roughly 220 employees. The
company is globally active and wants to continue to expand internationally
End of Corporate News
---------------------------------------------------------------------
12.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: YOC AG
Karl-Liebknecht-Str. 1
10178 Berlin
Deutschland
Phone: +49 (0)30-72 61 62 205
Fax: +49 (0)30-72 61 62 222
E-mail: christina.vongrauvogl(at)yoc.com
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
124199 12.05.2011
Datum: 12.05.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 34058
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 247 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: YOC AG: YOC Group still on international growth curve"
steht unter der journalistisch-redaktionellen Verantwortung von
YOC AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
