getgoods.de AG
getgoods.de AG announces preliminary figures for 2012 financial year
getgoods.de AG / Key word(s): Preliminary Results 15.03.2013 09:02 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 announces preliminary figures for 2012 financial year - Consolidated sales up 27% to EUR 402.3 million - EBIT before one-off expenses improves by 36% to EUR 9.5 million - Positive market environment for further growth in 2013 Frankfurt Oder, 15 March 2013 - The online retailer getgoods.de AG upheld its growth course in the 2012 financial year. Consolidated sales grew year-on-year by 27.0% to EUR 402.3 million (pro-forma 2011: EUR 316.9 million), and were thus absolutely in line with the overall market trend. Before one-off expenses for financing measures, the Group generated EBIT of EUR 9.5 million (pro-forma 2011: EUR 7.0 million). The Group's operating earnings (EBIT) for the past financial year were adversely affected by one-off expenses incurred for the bond issue and capital increase. These amounted to EUR 3.0 million in total. Accordingly, consolidated EBIT for the 2012 financial year only amounted to EUR 6.5 million (pro-forma 2011: EUR 7.0 million), corresponding to an EBIT margin of 1.6% (pro-forma 2011: 2.2%). Excluding these one-off expenses, EBIT amounted to EUR 9.5 million, thus exceeding the comparable previous year's figure by 36%. The corresponding EBIT margin amounted to 2.4%. In the past financial year, the company pressed further ahead with its strategy of 'becoming a full-range provider'. Following in-depth trials on its proprietary store pages, the company built up and expanded sales of new product groups, such as DIY articles, toys and household goods. Consistent with this strategy, the number of articles listed rose to more than 100,000. The measures taken to boost the brand were also an absolute success. The highly advertised Christmas campaign, together with television commercials and sponsoring measures, increased brand awareness, as well as the numbers of customers coming to getgoods.de directly rather than via search engines. In the 2013 financial year, the management intends to uphold its course and further expand the product groups and product ranges on offer. The market climate for further growth in the online retail sector is also positive. The German E-Commerce and Distance Selling Trade Association (bvh) expects to see market growth of 21.3%. Furthermore, the Management Board is also continually reviewing company acquisitions. Overall, the Management Board expects sales to grow to around EUR 480 million and the EBIT margin to be sustainably boosted once again in the current financial year. The annual report as well as the audited financials will be published in mid May 2013. Further information about the company, its management and share can be found on the newly designed internet site for investors at www.getgoods.ag IR contact: Dorothea Schneider Stockheim Media GmbH Tel: +49 (0)89 200 345 83 E-mail: d@stockheim-media.com About getgoods.de AG: getgoods.de AG is a leading operator of online platforms in the fast growing e-commerce market. The products focus is on mobile phones, smart phones, telephones and notebooks as well as on consumer electronics and white goods. Additionally, the company provides kids toys, leisure ware and hardware goods. With online shops, such as www.getgoods.de, www.hoh.de, or www.handyshop.de as well as presence points at Amazon and ebay the company covers a wide range within its portfolio. getgoods.de AG is located in Frankfurt/Oder, Dusseldorf, Berlin and Augsburg with approximately 200 employees. 15.03.2013 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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