Corporate | 4 February 2016 08:00
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DGAP-News: YOC AG / Key word(s): Quarter Results/Restructure of Company
YOC confirms revenue increase of around 17 per cent for Q4/2015 Berlin, 04 February 2016 – YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) records around 17 per cent revenue growth for the final quarter of 2015. This also means that for the first time in three years the company faces revenue growth in the full financial year on annual comparison. The positive development of YOC Group stems from growth in all regions. In particular, the D-A-CH branches realised strong revenue growth in Q4/2015, amounting to around 31 per cent in the German domestic market and Austria. The Spanish subsidiary saw a revenue increase of around 33 per cent after successfully building a new team and winning relevant partners (e.g. Shazam). Even so, this location still fell short of the original expectations. In the British market, positive effects from the repositioning begun in the second half of 2015 added to an improved performance in Q4/2015. YOC continued to push forward with positioning itself as a premium provider of mobile programmatic advertising in the last quarter of 2015 and further expanded its data-driven mobile ad solutions in the automated trade of mobile inventory. Overall, the development of products promising higher gross yields has a positive effect on revenue and results. Gross proceeds in FY/2015 will be at around 33 per cent, a 1 per cent rise year-on-year (FY/2014: 32 per cent; FY/2013: 29 per cent). As soon as Q1/2016, YOC will introduce further innovative high-priced mobile advertising products into the market. Dirk Kraus, YOC AG Management Board: “The chosen strategic direction is beginning to generate revenue growth. The revenue increase from Q4/2015 and the continuously improved gross yield are important components of a sustainable corporate development. In the current first quarter of 2016, a consolidation of the positive trend is becoming apparent.”
Martina Serwene Investor Relations Greifswalder Str. 212 10405 Berlin Tel.: +49-30-726162-322 Fax: +49-30-726162-222
About YOC
2016-02-04 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English | |
| Company: | YOC AG | |
| Greifswalder Str. 212 | ||
| 10405 Berlin | ||
| Germany | ||
| Phone: | +49 (0)30-72 61 62 322 | |
| Fax: | +49 (0)30-72 61 62 222 | |
| E-mail: | martina.serwene@yoc.com | |
| Internet: | www.yoc.com | |
| ISIN: | DE0005932735 | |
| WKN: | 593273 | |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart | |
| End of News | DGAP News Service |