28.08.2013 getgoods.de AG  DE0005560601

DGAP-News: getgoods.de continues to grow and offers positive outlook


 
DGAP-News: getgoods.de AG / Key word(s): Half Year Results getgoods.de continues to grow and offers positive outlook 28.08.2013 / 10:32 --------------------------------------------------------------------- getgoods.de continues to grow and offers positive outlook - First-half consolidated sales rise by 29.4% to EUR 224.4 million - EBIT set to show stronger growth in future - Growth trend secured in financial and organisational terms - Acquisition of xgsm.com opens up access to B2B market - Product extension with new books portal (books.getgoods.de) Frankfurt Oder, 28 August 2013 - getgoods.de AG (ISIN DE0005560601) boosted its consolidated sales by 29.4% to EUR 224.4 million in the 1st half of 2013 (H1/2012: EUR 173.4 million). At EUR 4.5 million, earnings before interest and taxes (EBIT) are consistent with the company's full-year targets for 2013 (H1/2012: EUR 5.0 million). Consolidated net income totalled EUR 1.5 million (H1/2012: EUR 2.8 million). The ongoing positive sales trend and reduction in consolidated net income are attributable to the consistent expansion in the getgoods.de premium brand. For the 2013 financial year as a whole, the Management Board now expects sales at the upper end of the forecast range of EUR 480 million to EUR 500 million and an EBIT margin of at least 2.0% to 2.5%. EBIT set to show stronger growth in future Gross profit improved by 25.9% to EUR 19.9 million in the 1st half of 2013 (H1/2012: EUR 15.8 million). The gross margin accordingly amounted to 8.9% (H1/2012: 9.1%). getgoods.de AG thus managed to keep its margin stable for its main product groups in the first quarter. 'By increasingly focusing on higher-margin products, consistently streamlining our product range and sustainably optimising our cost/benefit structures, we will achieve stronger EBIT growth in future', commented Sebastian Jarantowski. 'The positive sales trend will continue in future'. Future growth will be driven by further investments in enhancing the attractiveness of the shopping experience on offer and by more targeted marketing measures based on improved web analysis. Growth trend secured in financial and organisational terms In June, getgoods.de AG successfully acquired EUR 7.54 million of fresh capital by stocking up a bond. 'We will be using the inflow of funds, among other measures, to boost our brand and increase awareness of our company,' commented Markus Rockstädt-Mies (CEO). Sebastian Jarantowski was recently appointed as CFO and Dr. Markus Dubon as COO of getgoods.de AG. In terms of its composition, the Management Board is thus superbly positioned for the future. Acquisition of xgsm.com opens up access to B2B market getgoods.de AG acquired the wholesaler and retailer xgsm.com in the past half year. This company markets telecommunications products on the international wholesale market and has built up extensive experience and long-term relationships in the market. With this acquisition, getgoods.de has accessed a further sales market in its B2B business and stands to benefit from greater flexibility. 'This additional business will enable us, for example, to sell large items of residual goods in single blocks', commented Markus Rockstädt-Mies. xgsm.com GmbH generated sales of EUR 75 million in 2012 and was integrated as a wholly-owned subsidiary into the Group on 8 May 2013. In a teleconference, the Management Board will provide further details of developments in the first half of 2013 and a brief outlook for the remainder of the financial year. Details of teleconference The presentation can be called up in a webcast at the following address: www.audio-webcast.com (Login: getgoods0813). Following comments by Mr. Rockstädt-Mies, participants will have the opportunity to address questions to the Management Board. These will then be dealt with in a subsequent discussion. Date: Friday, 30 August 2013 at 3.00 p.m. (CET) Dial-in data: +49 (0) 69 20 17 44 220 or 0800 80 50 115 ID:543406# Webcast: www.audio-webcast.com Login:getgoods0813 Further information about the company, its management and its share can be found at our internet site for investors at www.ag.getgoods.de IR contact: Dorothea Schneider Stockheim Media GmbH Tel: +49 (0)89 200 345 83 Email: [email protected] Über die getgoods.de AG: Die getgoods.de AG betreibt verschiedene Online-Plattformen im schnell wachsenden E-Commerce Markt. Der Produkt-Fokus liegt neben Handys, Smartphones, Festnetztelefonen, Notebooks und Tablets auch auf Unterhaltungselektronik und weißer Ware. Darüber hinaus bietet das Unternehmen auch Spielzeug sowie Freizeit- und Baumarktartikel an. Mit Onlineshops wie z. B. www.getgoods.de, www.hoh.de oder www.handyshop.de und Plattformen auf Amazon und eBay, verfügt die Gesellschaft über ein breites Angebotsportfolio. Die getgoods.de AG ist mit rund 220 Mitarbeitern an den Standorten Frankfurt/Oder und Berlin vertreten und ist unter der ISIN DE0005560601 im Entry Standard der Frankfurter Börse gelistet. End of Corporate News --------------------------------------------------------------------- 28.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 227853 28.08.2013