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YOC AG — Earnings Release 2012
Nov 12, 2012
497_rns_2012-11-12_d35939bd-62ed-46fa-8db0-d1430d81caf8.html
Earnings Release
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News Details
Corporate | 12 November 2012 12:25
YOC AG: Q3/2012 report – sales growth in both segments
YOC AG / Key word(s): Interim Report
12.11.2012 / 12:25
2012 Financial Year
YOC Group publishes Q3/2012 report: sales growth in both segments
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:
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 leading provider of mobile technology and media. In the Mobile Technology segment (Sevenval), YOC licenses and implements software products for setting up mobile internet portals and integrated mobile marketing campaigns as well as platforms for mobile CRM, mobile commerce and mobile banking, thereby meeting the highest safety standards. The Media segment (mobile advertising and affiliate marketing) provides high-coverage media bundles and rich media ad formats for highly targeted and efficient mobile advertising. Several of the world’s top brands (including Coca-Cola Company, Mercedes-Benz, Motorola, Waitrose, Ford and Swiss Airlines) rely on YOC’s products, its technological expertise and innovative power. In the 2011 financial year, sales rose to EUR 33.3 million. YOC is facing further international growth and has a current headcount of 220+ employees at six locations in Europe.
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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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| 192739 12.11.2012 |