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YOC AG — Earnings Release 2012
Jul 27, 2012
497_rns_2012-07-27_da70bd45-55ba-4ceb-b2f6-dd38810a3834.html
Earnings Release
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News Details
Corporate | 27 July 2012 08:00
YOC AG:
YOC AG / Key word(s): Development of Sales/Preliminary Results
27.07.2012 / 08:00
Financial year 2012
YOC Group reports preliminary key figures for the 2nd quarter 2012
Berlin, 27 July 2012 – According to preliminary calculations YOC Group generated sales amounting to around EUR 9.2 million (Q2/2011: EUR 7.6 million; Q1/2012: EUR 8.4 million) and EBITDA amounting to EUR -0.5 million (Q2/2011: EUR -0.4 million; Q1/2012: EUR -0.9 million) in the second quarter 2012. Thus, sales increased by 10% in comparison with the previous quarter and come along with an improvement of earnings. Therefore, YOC Group is expected to close the first half-year 2012 with sales amounting to EUR 17.5 million and EBITDA totalling EUR -1.4 million.
The strategic business focus on the core product FIT Technology and its implementation as well as the simplification of structures and optimisation of processes led to the planned profitability increase in the Mobile Technology segment, which has been operating under the company name Sevenval since the beginning of the year. According to preliminary calculations, sales totalled EUR 3.6 million (Q2/2011: EUR 2.7 million; Q1/2012: EUR 3.4 million) and EBITDA amounted to EUR 0.5 million (Q2/2011: EUR -0,1 million; Q1/2012: EUR 0.3 million) in the second quarter 2012. The share of licence revenues in the segment sales amounts to 25%.
The company won numerous new customers and expanded the existing customer business in the past six months. Mercedes-Benz, for example, extended its cooperation with Sevenval from the European to the Asian market in this context. 'With the recently launched version 12.0 of the FIT software, we provide significant further developments in the field of web performance, transaction security and usability' states Jan Webering, Member of the Board of YOC AG and Managing Director of Sevenval GmbH. 'Due to the strong demand and unique performance features of our FIT Technology, we expect Sevenval to continue its positive development.'
In the first quarter of 2012 centralised global functions for the scaling and standardised expansion of the business were established in the Media segment. The respective expenses are being contained in the cost structure from the first quarter 2012. In the second quarter sales in the Media segment amounted to an estimated EUR 5.6 million (Q2/2011: EUR 4.9 million; Q1/2012: EUR 5.0 million) and EBITDA to EUR -0.4 million (Q2/2011: EUR 0,7 million; Q1/2012: EUR -0.5 million).
At the same time, YOC pushed ahead the international market for Mobile Advertising with new technologies and products. Thus, for example, the Mobile Advertising formats YOC Roadblock, YOC Pre Roll and YOC Advantage were successfully placed on the market. The rich media advertising product YOC Mystery Ad was awarded a prize by the jury of this year's Cannes Lion International Advertising Festival: YOC received the Golden Lion in the new category Mobile. Moreover, the company could further expand the international publisher portfolio in the first half-year 2012. In addition to the continuation of long-standing partnerships with OMS, The Sun, Eurosport or MTV, premium publishers such as N24, goFeminin, Cosmopolitan, news.at and Rue89 were included in the portfolio.
'We expect a continued positive sales and earnings trend for the second half-year. The third quarter, marked by the weaker summer months, will be followed by a strong 4th quarter that is also accelerated by the Christmas business', says Dirk Kraus, CEO of YOC AG, on the development of the company in the second half-year 2012.
The report on the first half-year 2012 of YOC AG will be published on 13 August 2012.
For more information about 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
YOC – About YOC Group
YOC is one of the globally leading companies in the mobile technology and media industry. YOC's mobile technology business unit (Sevenval) issues, licenses and implements YOC software products for the creation of mobile Internet portals and integrated mobile marketing campaigns, as well as platforms for CRM, mobile commerce and mobile banking, that comply with the highest security standards. YOC's Media business unit (Mobile Advertising and Affiliate Marketing) comprises the marketing of wide-reaching media-packages and rich media advertising formats for targeted end efficient mobile advertising. 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 2011 YOC's turnover reached EUR 33.3 million. YOC foresees an ongoing international growth and currently has more than 220 employees in six offices located in six countries in Europe.
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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