Corporate | 20 May 2009 08:00
YOC AG / Quarter Results
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
----------------------------------------------------------------------
- Increase in sales and earnings
- Prestigious new customers
- Strong development in the core mobile marketing operations
Berlin, May 20th, 2009. YOC AG continued to grow in the first quarter of
2009. Sales increased by 15% in comparison to the same quarter in the
previous year to about EUR 6,0 million. EBITDA matched the Management
Board's
expectations at about EUR 0.7 million and developed positively again. Net
income increased to about EUR 0.3 million.
'We are very satisfied with both the sales and earnings situation in the
first quarter of 2009', says Dirk Kraus, CEO of YOC AG. 'The trend towards
digital advertising media and, above all, towards the mobile channel is
continuing uninterrupted this year too. On the basis of this development as
well as our strong technology skills and market positioning, we already
succeeded in adding prestigious brands to our customer portfolio at the
beginning of the current year', Dirk Kraus adds.
Germany is still the most important market for the YOC Group in the new
financial year, accounting for 85% of sales. The company increased its
sales on the domestic market by 17%, from EUR 4.4 million to EUR 5.2
million, in the first three months. This performance was attributable in
particular to the core mobile marketing operations.
In view of the tremendous uncertainty among experts about how the economy
will develop in 2009, YOC AG is not issuing a specific forecast for 2009.
The company is nevertheless working on the assumption that the positive
trend will be continuing and that there will be further volume growth on
the market for mobile marketing. The YOC Group maintains its medium-term
forecast of a double-digit EBITDA margin. The sales generated in the first
three months and the outlook for the coming months and quarters support YOC
AG's positive overall expectations.
About the YOC Group
The YOC Group is one of the leading European mobile marketing providers. As
a full-service provider, YOC uses mobile phones for advertising,
information and transaction purposes. In addition to mobile marketing, YOC
operates in the affiliate marketing and mobile B2C services sectors. YOC
had 158 employees on March 31th, 2009 and generated sales of EUR 23.6
million in 2008. The company operates in seven different countries and
intends to continue growing internationally.
Information about the company: www.yoc.com
Contact:
Frau Nina Mecklenburger
Karl-Liebknecht-Straße 1
10178 Berlin
Fon: 030 726162- 161
Fax: 030 726162-222
E-Mail: nina.mecklenburger@yoc.com
20.05.2009 Financial News transmitted by DGAP
----------------------------------------------------------------------
Language: English
Issuer: YOC AG
Karl-Liebknecht-Str. 1
10178 Berlin
Deutschland
Phone: +49 (0)30-72 61 62 161
Fax: +49 (0)30-72 61 62 222
E-mail: nina.mecklenburger@yoc.com
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service
---------------------------------------------------------------------------