DGAP-News: getgoods.de AG / Key word(s): Final Results getgoods.de AG publishes 2012 consolidated financial statements 15.05.2013 / 18:07 --------------------------------------------------------------------- getgoods.de AG publishes 2012 consolidated financial statements Frankfurt Oder, 15 May 2013 - The online retailer getgoods.de today published its annual report for the 2012 financial year. According to the figures released, the company further boosted its sales by 27.1% to EUR 402.6 million in the past financial year (2011 pro forma: EUR 316.9 million) and generated operating earnings (EBIT) of EUR 8.9 million before one-off expenses (2011 pro forma: EUR 7.0 million). The e-commerce market maintained its dynamic development in the 2012 financial year, a factor that benefited getgoods.de AG as well. Not only that, the company also significantly extended its product range. As well as offering IT, entertainment and household electronics goods, the company now also enables its customers to purchase toys, household and DIY products and everything they need for their homes and gardens. A further key priority in the past financial year involved raising awareness for the premium getgoods.de brand. With a well-advertised Christmas campaign, by stepping up its activities and massively expanding its range in terms of social media and portals, and with TV commercials and sponsoring measures, the company succeeded in raising brand awareness, and thus also in sustainably boosting the numbers of customers finding their way to getgoods.de directly, rather than via search engines. To finance these measures, in October 2012 getgoods.de AG issued a 5-year corporate bond with a volume of EUR 30.0 million and a fixed interest rate of 7.75% p.a. We used the funds received to finance our further growth, investing in particular in extending our product range and our warehouse. To account for its consistently strong growth and further optimise its finance structure, the company also implemented a rights issue capital increase in December. This involved placing 4,040,427 new shares. The gross proceeds from the capital increase at getgoods.de AG, amounting to around EUR 11.7 million, also largely serve the growth financing purposes referred to above. Against this backdrop, getgoods.de AG generated consolidated sales of EUR 402.6 million in the 2012 financial year (2011 pro forma: EUR 316.9 million), thus matching the general market trend. The Group's operating earnings (EBIT) were adversely affected in the past financial year by one-off expenses incurred for the bond issue and the capital increase. These totalled EUR 3.0 million. Accordingly, Group EBIT only amounted to EUR 5.9 million in the 2012 financial year (2011 pro forma: EUR 7.0 million), corresponding to an EBIT margin of 1.5% (2011 pro forma: 2.2%). Prior to the one-off expenses incurred for the financing measures implemented, EBIT amounted to EUR 8.9 million (2011 pro forma: EUR 7.9 million), and was thus 28% ahead of the equivalent previous year's figure. The corresponding EBIT margin amounted to 2.2%. In the 2013 financial year, getgoods.de AG intends to maintain its course and further extend its product range. In this, it will increasingly be focusing on high-margin product groups. Furthermore, by making strategic acquisitions, the company will play an active role in consolidating the market. On this basis, the Management Board expects to see further full-year sales growth to between EUR 480 million and EUR 500 million and an EBIT margin of around 2.5%. Further information about the company, its management and share can be found on the internet site for investors at www.getgoods.ag. IR contact: Dorothea Schneider Stockheim Media GmbH Tel: +49 (0)89 200 345 83 E-mail: [email protected] Further information about the company, its management and share can be found on the website for investors at www.getgoods.ag IR contact: Dorothea Schneider Stockheim Media GmbH Tel: +49 (0)89 200 345 83 E-mail: [email protected] 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 an Berlin with approximately 200 employees. End of Corporate News --------------------------------------------------------------------- 15.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory 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 --------------------------------------------------------------------- 211348 15.05.2013