RENTABILIWEB 441 0 Kommentare 2014 HALF-YEARLY RESULTS

BRUSSELS, July 30, 2014 /PRNewswire/ --

2014 HALF-YEARLY RESULTS

Continued revenue growth

Run rate for bank card collections in excess of €560 million

Strategic investment initiative is maintained

Regulated information

RENTABILIWEB GROUP (ISIN BE0946620946 - trading symbol BIL) is today publishing its financial statements for the first six months of the 2014 fiscal year.

The first half of fiscal 2014 saw a new acceleration in the development of Be2bill, Rentabiliweb's bank card payment solution. The online activity has confirmed its growth and its popularity with e-merchants quarter after quarter, and posted a run rate* of €560 million for bank card collections at 30 June. Over the half-year Rentabiliweb maintained its investment initiative, which is wholly self-financed.

Jean-Baptiste Descroix-Vernier, the President of Rentabiliweb Group announced, "During the first half of this fiscal year, we continued an active, self-financed investment policy. We are making this effort as our priority is still to win market shares in the bank card services sector. The success enjoyed by our online solution Be2bill has convinced us to continue in this direction, so that, starting in the fall, we can break into the card-present market, for which the challenges are increasingly similar to those of the online market. Our expertise in the field of shopping cart conversion will provide genuine value-added for card-present merchants."

* Run rate for bank card collections: payments collected in June projected over an entire year

Key figures for the first half of 2014


    (in EUR thousands)         S1 2013       S1 2014           S1 2014
                                                            vs S1 2013
    Consolidated revenue        33 260        33 905             +1,9%
    Gross margin                19 826        19 819             -0,0%
    Gross margin rate            59,6%         58,5%       -1,2 points
    EBITDA                       2 673         1 782            -33,3%
    As a % of revenues            8,0%          5,3%       -2,8 points
    EBIT                         1 874         1 064            -43,2%
    As a % of revenues            5,6%          3,1%       -2,5 points
    Operating income             1 397         1 193            -14,6%
    As a % of revenues            4,2%          3,5%        -0,7 point
    Net consolidated income      1 098         1 630            +48,4%
    As a % of revenues            3,3%          4,8%        +0,9 point

Operations