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YOC AG — Earnings Release 2011
Aug 12, 2011
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Earnings Release
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Corporate | 12 August 2011 09:04
YOC AG: First half of 2011: YOC reports increase in turnover to EUR 16.5 million
YOC AG / Key word(s): Half Year Results/Interim Report
12.08.2011 / 09:04
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 please go 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
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.
Contact:
Frau Anna Augar
Karl-Liebknecht-Straße 1
10178 Berlin
Fon: 030 726162-161
Fax: 030 726162-222
E-Mail: [email protected]
End of Corporate News
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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: | [email protected] |
| 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 |