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    DGAP-Adhoc  382  0 Kommentare Sedo Holding with 11.1% sales increase in first half of 2011



    Sedo Holding AG  / Key word(s): Half Year Results

    15.08.2011 08:22

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a company of EquityStory AG.
    The issuer is solely responsible for the content of this announcement.




    Cologne, August 15, 2011. Sedo Holding AG is today announcing the Group
    financial figures for the first half of 2011. The company can look back on
    a stable first half of the year with a clear increase in sales with solid
    profit figures.

    Group sales increased in the first half of 2011 by 11.1% from EUR 56.6
    million. in the corresponding period in the previous year to EUR 62.9
    million in the first six months of 2011. The growth driver was the
    Affiliate Marketing segment with a sales increase from EUR 34.7 million to
    EUR 42.7 million. Sales in the Domain Marketing segment declined from EUR
    21.9 million to EUR 20.1 million.

    Despite the declining sales in the higher-margin Domain Marketing segment
    and the investments aimed at stronger growth in the foreign operations of
    Affiliate Marketing, the EBITDA at EUR 4.2 million remained at the previous
    year´s level (EUR 4.3 million). The pre-tax profit (EBT) increased by 32.1%
    from EUR 2.8 million to EUR 3.7 million. The reasons for this were, in
    particular, higher depreciation and amortization in the previous year,
    largely resulting from a take-over in the Affiliate Marketing segment in
    2006. The net income in the first half of 2011 was EUR 1.9 million compared
    with EUR 2.0 million in the corresponding period of the previous year,
    which however still included a result of a discontinued operation amounting
    to EUR 0.9 million. Earnings per share (EPS) remained stable at EUR 0.06.

    In the operative business the network key financial indicators for both
    marketplaces in Affiliate Marketing and Domain Trading could be further
    improved. In Affiliate Marketing the number of partner programmes increased
    by 13.2% and the number of participating websites increased by 6.7%. For
    economic reasons, business was streamlined in the Domain Trading and Domain
    Parking segment in the second quarter of 2011. As a result, the number of
    tradeable domains on the platform was reduced to 14.7 million (previous
    year´s figure: 16.7 million). The number of domains available for marketing
    correspondingly declined to 5.4 million (previous year´s figure:  7.3
    million). The number of registered members, in contrast, was increased by
    18.2%.

    In the second half of 2011, besides the development of the large customer
    business, further internationalization in the Affiliate Marketing segment
    is planned. Against this background and on the basis of the current market
    conditions, the Management Board expects a doubling of the EBT to EUR 6.6
    million and unchanged on 10% sales growth compared to the previous year´s
    figures.

    6-month comparison     Jan. - June 2010     Jan. - June 2011     Change
    in EUR  million
    Sales                              56.6                 62.9     11.1 %
    EBITDA*                             4.3                  4.2     -2.3 %
    EBT                                 2.8                  3.7     32.1 %
    Net income                          2.0                  1.9     -5.0 %
    EPS                                0.06                 0.06


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

    Marcus Schaps
    Head of Press and Public Relations
    Sedo Holding AG
    Elgendorfer Straße 57
    56410 Montabaur

    Tel: +49 (0)2602/96-1319
    Fax: +49 (0)2602/96-1013
    E-Mail: presse-holding@sedo.com

    15.08.2011 DGAP´s Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de




    Language:     English
    Company:      Sedo Holding AG
                  Im Mediapark 6
                  50670 Köln
                  Germany
    Phone:        +49 - (0)221 / 34030-560
    Fax:          +49 - (0)221 / 34030-564
    E-mail:       holding@sedo.com
    Internet:     www.sedoholding.com
    ISIN:         DE0005490155
    WKN:          549015
    Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
                  in Berlin, Düsseldorf, Hamburg, München, Stuttgart

    End of Announcement                             DGAP News-Service







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    DGAP-Adhoc Sedo Holding with 11.1% sales increase in first half of 2011 Sedo Holding AG  / Key word(s): Half Year Results15.08.2011 08:22Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this …