DGAP-News: YOC AG: First half of 2011: YOC reports increase in turnover to EUR 16.5 million
(firmenpresse) - DGAP-News: YOC AG / Key word(s): Half Year Results/Interim Report
YOC AG: First half of 2011: YOC reports increase in turnover to EUR
16.5 million
12.08.2011 / 09:04
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First half of 2011: YOC reports increase in turnover to EUR 16.5 million
Strategic focus and investments in the future
Berlin, 12 August 2011 - The YOC Group saw an increase in turnover to EUR
16.5 million over the last six months of the current financial year, 6% up
on the same period last year. In addition to its efforts to sharpen its
strategic focus on the segments Mobile Technology and Media and its product
orientation, the YOC Group continues its international expansion. The share
of international revenues in total sales revenues reached EUR 7.1 million
rising to 43%.
The first half of 2011 was marked by a strategic focus on the core segments
Mobile Technology and Media. At the same time, the YOC Group reduced its
non-core activities and continued to invest in the future. This included
investing in employee development to support further international
expansion, stepping up sales activities, developing and inventing new
technologies.
Despite the reduction of non-core activities, turnover reached EUR 16.5
million, which is an increase of 6% compared to the same period last year.
This leaves an operating result of EUR 0.6 million (H1/2010: EUR 1.5
million). 'We accept a temporary drop in sales and earnings of our non-core
activities', says Dirk Kraus, CEO at YOC AG. 'It enables us to focus on
scalable product- and platform-based business activities to benefit from
the opportunities presented by a fast-growing market.'
In the first half of 2011, the Mobile Technology segment accounts for 45%
and Media for 55% of turnover. The international use of the enabling FIT
Technology was further promoted by the Mobile Technology segment: The
proportion of licences installed via SaaS or within the clients'
infrastructure increased by 23%.
The Media segment continued to experience 57% turnover growth reaching EUR
9.0 million, which is disproportionate to the market. One of the reasons
for this is the strongly growing Mobile Advertising segment, which almost
doubled its business volume. With the acquisition of MobilADdict SAS, a
French mobile advertising provider, the YOC Group was able to extend its
European market leadership even further. Since the customer portfolios do
not overlap, YOC's sales volume in the French market has increased
considerably.
The share of international revenues in total sales revenues reached EUR 7.1
million rising to 43% due to the growing internationalisation of the
company (H1/2010: 27%). Since the first half of 2011, the YOC Group has
been operating successfully in all European core markets. YOC also made a
successful entry in the US market, which has been another important step
towards becoming one of the world's leading mobile technology and media
companies.
One of the most important mobile technology products developed in the first
half of 2011 is the YOC Smart Web App. In January 2011, YOC successfully
positioned the YOC Smart Web App in the market. This was followed by the
launch of the YOC Campaign Management Platform, the new release versions of
the YOC Multi Channel Platform and the rich media advertising format YOC Ad
Plus in the first half of 2011.
For more information on the company pleasego to www.yoc.com
Contact
YOC AG
Investor Relations
Christina von Grauvogl
Karl-Liebknecht-Str. 1
10178 Berlin
Phone: +49-30-726162-205
Fax: +49-30-726162-222
ir(at)yoc.com
www.yoc.com
About the YOC Group
YOC is a global leading player in Mobile Technology and Media. In its Tech
division, YOC licenses software products for the development of
cutting-edge technological infrastructure like Mobile Internet sites, Web
Apps, mCommerce, secure Mobile Banking, mCRM platforms and integrated, high
end Mobile Marketing campaigns. YOC globally operates 20,000 mobile sites
based on the company's proprietary Mobile Internet Technology. In the Media
division, YOC provides media bundles and advanced rich media ad formats for
highly targeted and efficient Mobile Advertising. Offering the full range
from performance to premium Mobile Advertising, YOC's Ad Networks currently
deliver 5 bn mobile Ad Impressions per month. With 300 international
publishers (e.g. The Sun, wetter.com, 20 Minutes, krone.at or El Pais) the
YOC Group has the largest Premium Media Network in Europe. Several of the
world's top brands (e.g. Coca-Cola, Mercedes-Benz, Motorola, Waitrose, Ford
and Swiss Airlines) trust on YOC's products, the company's technological
expertise and innovative power. In the financial year 2010, the group's
sales revenue rose up to EUR 30.5 million. YOC is accelerating further
international growth and currently has a headcount of 220+ employees in
seven offices in Europe and the U.S.
End of Corporate News
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12.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
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Language: English
Company: YOC AG
Karl-Liebknecht-Str. 1
10178 Berlin
Germany
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
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135477 12.08.2011
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