Corporate | 12 November 2012 12:25
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YOC AG / Key word(s): Interim Report
2012 Financial Year
Berlin, 12 November 2012 – Both YOC’s segments were able to keep up sales growth in the third quarter as well as the first nine months of the current financial year. Group sales climbed 16% in the first nine months to EUR 26.0 million (previous year: EUR 22.4 million). The Media segment grew by 19% y-o-y in the first nine months, while Sevenval (Mobile Technology segment) posted 12% growth. Investments in central resources and structures, particularly for products and technology in the Media segment as well as the further development of the YOC Performance Network, weighed on earnings. YOC AG’s EBITDA therefore amounted to EUR -2.3 million in the first nine months (previous year: EUR -2.5 million). These central structures and the further development of the networks will enhance scalability and pave the way for further growth. Based on the seasonal pattern of the Media business and further positive performance by both Media and Sevenval, we expect to see sales rise again in the fourth quarter. YOC AG’s report on the third quarter 2012 will be published on www.yoc.com in the Investor Relations section on 12 November 2012. Additional information on the company is available at www.yoc.com
Contact person:
About the YOC Group
End of Corporate News 12.11.2012 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 | ||
| Germany | ||
| Phone: | +49 (0)30-72 61 62 205 | |
| Fax: | +49 (0)30-72 61 62 222 | |
| E-mail: | christina.vongrauvogl@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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| 192739 12.11.2012 |