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TOMORROW FOCUS AG records significant revenue and earnings growth in the second quarter of 2014 - Seite 2
high double digits in percentage terms and so further expanded its leading
position amongst Germany's physician search and ratings portals.
Group earnings before interest, taxes, depreciation and amortisation (Group
EBITDA) for the first half of 2014 rose by 2.8 percent to EUR 9.0 million
compared to the previous year's figure of EUR 8.7 million.
At EUR 6.7 million, Group EBITDA for the second quarter of 2014 was 45.3
percent higher compared with EUR 4.6 million in the same quarter of 2013.
Adjusted Group earnings before interest and taxes (Group EBIT) stood at EUR
5.1 million in the first half of 2014 compared with EUR 5.6 million in the
previous year. This is equivalent to a decrease of 7.5 percent.
Adjusted Group EBIT for the second quarter rose by 63.0 percent year on
year, from EUR 3.0 million in 2013 to EUR 4.8 million in 2014.
Adjusted Group earnings before taxes (Group EBT) stood at EUR 2.5 million
in the first half of 2014, an increase of 22.0 percent compared with EUR
2.1 million in the same period of 2013.
Adjusted EBT for the second quarter of 2014 was up 74.9 percent year on
year at EUR 3.3 million. The adjusted EBT figure reported for the second
quarter of 2013 was EUR 1.9 million.
Adjusted Group earnings after taxes ended the first half-year period 68.5
percent lower at EUR 0.2 million compared with EUR 0.7 million in the first
half of 2013.
Adjusted Group earnings after taxes in the second quarter of 2014 rose by
53.5 percent from EUR 1.4 million in 2013 to EUR 2.2 million.
Adjusted consolidated earnings per share for the first half-year stood at
EUR 0.00 compared with EUR 0.01 in the first six months of the previous
year.
Adjusted consolidated earnings per share for the second quarter of 2014
were EUR 0.04, an increase of 100 percent on the corresponding 2013 figure
of EUR 0.02.
The earnings figures for the first half of 2014 and the first half of 2013
have been adjusted in the interests of better comparability to take account
of the following non-operational one-off effect.
Under International Financial Reporting Standards (IFRS) the corporate
takeovers in 2012 and 2013 resulted in amortisation and depreciation on the
assets identified during purchase price allocation amounting to EUR 0.9
million in the first half of 2014 (first half of 2013: EUR 0.9 million).
The outlook for positive revenue development in the second half of 2014 is
good. The moderate economic recovery predicted in the core sales markets of
TOMORROW FOCUS AG should, despite partly increased competitive pressure,
5.1 million in the first half of 2014 compared with EUR 5.6 million in the
previous year. This is equivalent to a decrease of 7.5 percent.
Adjusted Group EBIT for the second quarter rose by 63.0 percent year on
year, from EUR 3.0 million in 2013 to EUR 4.8 million in 2014.
Adjusted Group earnings before taxes (Group EBT) stood at EUR 2.5 million
in the first half of 2014, an increase of 22.0 percent compared with EUR
2.1 million in the same period of 2013.
Adjusted EBT for the second quarter of 2014 was up 74.9 percent year on
year at EUR 3.3 million. The adjusted EBT figure reported for the second
quarter of 2013 was EUR 1.9 million.
Adjusted Group earnings after taxes ended the first half-year period 68.5
percent lower at EUR 0.2 million compared with EUR 0.7 million in the first
half of 2013.
Adjusted Group earnings after taxes in the second quarter of 2014 rose by
53.5 percent from EUR 1.4 million in 2013 to EUR 2.2 million.
Adjusted consolidated earnings per share for the first half-year stood at
EUR 0.00 compared with EUR 0.01 in the first six months of the previous
year.
Adjusted consolidated earnings per share for the second quarter of 2014
were EUR 0.04, an increase of 100 percent on the corresponding 2013 figure
of EUR 0.02.
The earnings figures for the first half of 2014 and the first half of 2013
have been adjusted in the interests of better comparability to take account
of the following non-operational one-off effect.
Under International Financial Reporting Standards (IFRS) the corporate
takeovers in 2012 and 2013 resulted in amortisation and depreciation on the
assets identified during purchase price allocation amounting to EUR 0.9
million in the first half of 2014 (first half of 2013: EUR 0.9 million).
The outlook for positive revenue development in the second half of 2014 is
good. The moderate economic recovery predicted in the core sales markets of
TOMORROW FOCUS AG should, despite partly increased competitive pressure,
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