Tradedoubler Interim report January – September 2014
Tradedoubler takes performance marketing to a new levelThe third quarter July – september 2014 · Net sales were SEK 424 M (479), a decrease of 11% or 18% adjusted for changes in FX rates. More than half of the decline referred to lower revenues from two pan-European customers and reductions in non-core business. · Gross profit, excl. change related items, was SEK 91 M (107), a decrease of 15% or 21% adjusted for changes in FX rates. Gross margin, excl. change related items, amounted to 21.4% (22.4). · Operating costs excl. depreciation and change related items, were SEK 79 M (87),