getgoods.de AG
getgoods.de AG upholds growth course in first nine months of 2012
getgoods.de AG / Key word(s): Quarter Results 14.11.2012 09:01 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- getgoods.de AG upholds growth course in first nine months of 2012 - Consolidated sales grow by 32% to EUR 279.4 million - EBIT before one-off expenses improves by 41% to EUR 8.2 million Düsseldorf/Frankfurt Oder, 14 November 2012 - The online retailer getgoods.de AG generated further growth in the third quarter of 2012. Year-on-year, consolidated sales grew by 21.6% to EUR 106.0 million (pro forma Q3/2011: EUR 87.2m). Consolidated sales for the first nine months amounted to EUR 279.4 million and were thus 31.8% ahead of the previous year's figure (pro forma 9M/2011: EUR 212.0 million). The Group's operating earnings (EBIT) were negatively affected in the third quarter by the one-off expenses incurred for the bond issue. At EUR 1.8 million, third-quarter EBIT thus fell 35.7% short of the previous year's figure (pro forma Q3/2011: EUR 2.8m). Net of these one-off expenses of EUR 1.4 million, EBIT would have risen year-on-year by 17.9% to EUR 3.2 million. On a nine-month basis, the EBIT of EUR 6.8 million were 17.2% ahead of the previous year's figure (pro forma 9M/2011: EUR 5.8m). This corresponds to an EBIT margin of 2.4% (pro forma 9M/2011: 2.7%). Excluding the aforementioned one-off expenses, nine-month EBIT would have totalled EUR 8.2 million, equivalent to an EBIT margin of 2.9%. Markus Rockstädt-Mies, CEO of getgoods.de AG remains highly satisfied with the company's business performance. 'We maintained our profitable growth in the third quarter as well. At the same time, by issuing our corporate bond we have laid a foundation for an even more successful future. This will already impact positively on the forthcoming Christmas sales season.' Given the company's strong business performance in the first nine months of 2012 and in view of the Christmas sales just beginning, the CEO can once again confirm its forecast for the 2012 financial year as a whole. Accordingly, the company expects to generate consolidated sales of at least EUR 400 million and an EBIT margin of approximately 2.5%. Further information about the company, its management and share can be found on its newly designed internet site for investors at www.getgoods.ag IR contact: Dorothea Schneider Haubrok Investor Relations GmbH & CO. KG Tel: +49 (0)89 210 27 520 E-mail: d.schneider@haubrok.de About getgoods.de AG: getgoods.de AG operates a variety of online platforms in the fast-growing e-commerce market. Alongside mobile phones, smart phones, landline telephones, notebooks and tablets, its key product focuses also include entertainment electronics and white goods. Not only that, the company also offers toys, leisure and DIY articles. With online shops such as www.getgoods.de, www.hoh.de and www.handyshop.de, as well as platforms on Amazon and eBay, the company has a broad range of distribution channels. With around 200 employees, getgoods.de AG operates at locations in Frankfurt/Oder and Berlin. 14.11.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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