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Home - Press - Press release: AdLINK posts record sales and earnings Strong growth in all business segments |
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AdLINK Group Websites
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30.03.2007 Press release: AdLINK posts record sales and earnings Strong growth in all business segments Montabaur, March 30, 2007. 2006 was a successful year for . The final financial results for fiscal year 2006 published today reveal record levels of sales and earnings and underline the leading online marketer’s profitable growth. According to audited figures for fiscal 2006 published today, achieved year-on-year revenue growth of over 80 percent to € 177.5 million (prior year: € 98.3 million). There were also strong improvements in the company’s earnings ratios. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 221 percent to € 22.5 million (prior year: € 7.0 million) and earnings before taxes (EBT) by over 419 percent to € 18.7 million. This figure includes a one-off effect from the profit transfer agreement between AdLINK and Sedo GmbH signed in connection with the increase in shareholding. Effective from January 1, 2007 the contract guarantees Sedo’s minority shareholders a fixed annual dividend for the fiscal years 2007 to 2011. In accordance with IFRS regulations, these guaranteed dividends for 2007 and the following years are already expensed in fiscal year 2006 and reduce EBT by € 1.2 million. Due to the positive development of AdLINK’s earnings and its profit transfer agreements with domestic subsidiaries, tax loss carryforwards had to be capitalized in 2006. This capitalization resulted in a positive one-off effect on earnings per share (EPS) of € 0.18. Including this non-recurring effect, EPS (undiluted) rose from € 0.04 to € 0.47. “We are very satisfied with the development of business in 2006,” says Guy Challen, CFO of . “We achieved a noticeable improvement in profitability and posted the best result in the company’s history. Based on three major pillars, our business model has established an excellent position in a dynamically growing market. I am particularly pleased that all three segments – Display Marketing, Domain Marketing and Affiliate Marketing – achieved strong growth and contributed to our success.” “We are very confident about the further development of business in the current fiscal year,” explains Marc Stilke, Speaker of the Management Board of . “The online advertising market will continue to grow strongly in the coming years and claim an ever greater share of the advertising mix. Especially with regard to the developing online-friendly advertising climate, we plan to take further growth steps in 2007. For example, we will drive our international expansion in all core business areas and develop our technical platforms.” About the AdLINK Group Contact partner: |
All contents © 2008 AdLINK* Internet Media AG. *unaffiliated with the U.S. company, AdLINK Cable Advertising LLC |
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