DGAP-News: net mobile AG: continues solid performance in Q2 2011
(firmenpresse) - DGAP-News: net mobile AG / Key word(s): Half Year Results
net mobile AG: continues solid performance in Q2 2011
30.09.2011 / 23:00
---------------------------------------------------------------------
net mobile AG continues solid performance in Q2 2011
- net mobile AG reports sales increase in the first six months 2011 of
3.1 percent to EUR 47,041k compared to the same period of the previous
year (EUR 45,641k)
- net mobile AG expects for the full fiscal year 2011 further a strong
organic sales growth
Dusseldorf, 30nd of September 2011 - net mobile AG (ISIN: DE0008137852), a
leading international full-service provider for mobile and interactive
value-added services, continued its solid performance in the first six
months of 2011, despite the challenging market environment.
Sales increased in relation to the same period of the previous year by EUR
1,400k or 3.4 % to a total of EUR 47,041k (1st six months 2010 EUR
45,641k). All business divisions of net mobile AG contributed to this
success.
Earnings before interest and taxes (EBIT) decreased in the second quarter
of the current financial year by EUR 170k to EUR -2,260k compared to the
relevant quarter of the previous year (EUR 2,090k). Due to the improved
financial result of EUR -13k (previous quarter EUR -41k) as well as
increased taxes of EUR 931k (previous quarter EUR 352k) this resulted to a
deficit in the current reporting period of EUR 1,341k, which is an
improvement to the previous quarter of EUR 473k.
Furthermore, depreciation increased by EUR 40k as a result of investments
undertaken. Currency fluctuations of the none euro-zone consolidated
MINICK companies had a greater impact during this reporting period on the
net financial income.
The company's capital decreased by EUR 3,831k in the reporting period and
now totals to EUR 35,591k. With 51.0 percent, the equity ratio remains
still at a very high level. The company's cash and cash equivalents total
to EUR 877k. The short-term liabilities to banks in the amount of EUR 325k
include a remainder of a bank-loan which will be paid within the next
twelve months.
Outlook
Despite a challenging market environment net mobile AG continues its
planned solid performance in the financial year 2011. The Executive Board
is confident to once again outperform the relevant markets in 2011 and
expects a strong increase in organic sales growth for the full fiscal year
2011.
Overall, the company expects a significant growth in sales and earnings
over the next few years. Investments and the integration within the NTT
DoCoMo Group will place a considerable burden on net earnings in the
current reporting period of 2011. The Executive Board expects despite a
considerable increase in sales that this will result to a negative earnings
development in 2011 of a middle single-digit negative million.
As essential factors for success in the future, the Executive Board
identified the closer cooperation with the major shareholder NTT DoCoMo as
well as new innovations for mobile payment solutions and the further
expansion of digital content distribution in the emerging telecommunication
markets.
For the consolidated interim financial statement and further information
please visit: http://www.net-m.de/en/investors/financial-statements.html
About net mobile AG
The net mobile AG Group is a leading international full-service provider
for mobile and interactive value added services.Founded in November 2000,
the company is seen as an innovation leader with a comprehensive service
approach including consulting, design and technical implementations for a
multichannel marketing campaign management. Furthermore net mobile AG
offers a variety of smartphone applications and e-books since 2009.
Partnering with all major music labels and digital rights-owners in the
film, television and games industry, net mobile AG also ensures full
content and royalty management. Its more than 500 customers include
national and global mobile telecommunication providers, media companies and
TV stations for which it provides mobile interactive TV services. The net
mobile AG Group includes net mobile AG and the subsidiaries net mobile
minick GmbH (formerly: Minick Germany GmbH) in Hamburg, First Telecom GmbH,
First Communication GmbH and SN Telecom GmbH in Frankfurt, net mobile
Verwaltungs AG and net mobile minick Schweiz AG in Zurich (Switzerland),
net mobile UK Ltd. In London (UK), net mobile Spain SLU in Madrid (Spain)
and Untitled Media S.A. in Diegem (Belgium). Since December 2009 NTT DoCoMo
is major shareholder, owning more than 80% of net mobile AG shares. For
more information please visit www.net-m.de.
Media contact
Björn Spielberg
Press Officer
net mobile AG
Zollhof 17
DE 40221 Dusseldorf
Fon: +49 (0) 211 970 20 - 0
Fax: +49 (0) 211 970 20 - 999
Internet: www.net-m.de
End of Corporate News
---------------------------------------------------------------------
30.09.2011 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: net mobile AG
Zollhof 17
40221 Düsseldorf
Germany
Phone: +49 (0)211 970 20-0
Fax: +49 (0)211 970 20-999
E-mail: info(at)net-m.de
Internet: www.net-m.de
ISIN: DE0008137852
WKN: 813785
Listed: Freiverkehr in Berlin, Hamburg, München (m:access),
Stuttgart; Open Market in Frankfurt
End of News DGAP News-Service
---------------------------------------------------------------------
141039 30.09.2011
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
Datum: 30.09.2011 - 23:00 Uhr
Sprache: Deutsch
News-ID 71493
Anzahl Zeichen: 8068
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 272 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: net mobile AG: continues solid performance in Q2 2011"
steht unter der journalistisch-redaktionellen Verantwortung von
net mobile AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).