Press

News

News-Details

News-Details

09.11.11| First 9 months with sales volume of EUR 92 million and an EBT of EUR 4.8 million

Cologne, November 9, 2011. Sedo Holding AG today announced the Group financial indicators for the first 9 months of 2011. The company can look back on a stable trend within the scope of its expectations.

Group sales increased in the first 9 months of 2011 by 9.7% to EUR 92.0 million (same period of previous year: EUR 83.9 million). Growth was driven by the Affiliate Marketing segment with an increase in sales from EUR 51.8 million to EUR 62.5 million. Sales in the Domain Marketing segment declined, in particular due to a weaker trend in Domain Parking, from EUR 32.0 million to EUR 29.4 million.

As a result of the declining sales volume in the higher margin Domain Marketing and the investments in further growth in the foreign Affiliate Marketing business, the EBITDA of EUR 5.5 million remained slightly below the previous year’s figure (EUR 5.9 million). The pre-tax result (EBT) increased by 23.1% from EUR 3.9 million to EUR 4.8 million. In the previous year, scheduled depreciations and amortization (EUR 0.8 million) were included in the EBT from company acquisitions, which no longer apply in 2011. The result from continued operations in the period under report was EUR 2.7 million, compared with a figure of EUR 1.5 million in the same period of the previous year. Earnings per share (from continued operations) increased from EUR 0.05 to EUR 0.09.

In Affiliate Marketing, the number of partner programmes increased by 10.7% and the number of the participating websites increased by 6.9%. The number of registered members on the domain platform was increased from 1.1 million to over 1.3 million. In the 2nd quarter of 2011, for economic reasons, a data adjustment was conducted in the areas of Domain Trading and Domain Parking. As a result, the number of domains tradable on the platform as of September 30th, 2011 was reduced to 15.3 million (previous year’s figure: 17.2 million). The number of the domains available for marketing purposes declined correspondingly to 5.2 million (previous year’s figure: 7.5 million).

In the 4th quarter of 2011, besides the development of the large customer business, the process of internationalization in the Affiliate Marketing segment will be continued. Against this background, and on the basis of the current market conditions, the Management Board continues to expect a doubling of the EBT in the 2011 financial year to EUR 6.6 million and an increase in sales of 10% compared with the previous year's figure.

9-month comparison

Jan.-Sept.
2010

Jan.-Sept.
2011

Change

in million EUR

Sales

83.9

92.0

9.7%

EBITDA*

5.9

5.5

-6.8%

EBT

3.9

4.8

23.1%

Result from continued operations

1.5

2.7

80.0%

Net income

2.5

2.7

8.0%

EPS from continued operations in EUR

0.05

0.09

80.0%

EPS in EUR

0.08

0.09

12.5%

*EBITDA, i.e. operating result before depreciation and amortization and writedowns on domains.



Press Contact Sedo Holding

Marcus Schaps
Leiter Presse- und Öffentlichkeitsarbeit
Sedo Holding AG
Im Mediapark 6
50670 Köln

Tel: +49 221 34030 560

Fax: +49 221 34030 564

presse@adlinkgroup.net
Kontaktformular Presse