Q1 Report 2007 - TradeDoubler AB
Continued growth and improved profits
First Quarter, 2007
Financial
- Revenues for the period increased by 30% to SEK 521.1 m compared with SEK 400.5 m in the first quarter of 2006
- Gross Profit for the period amounted to SEK 139.6 m, compared with SEK 107.1 m in the first quarter of 2006, an increase of 30%
- Operating profit (EBIT) for the period amounted to SEK 40.7 m compared to SEK 36.7 m in the first quarter of 2006, an increase of 11%
- During the period, share based expenses relating to the existing warrant schemes decreased operating profit by SEK 7.6 m (SEK 3.2 m)
- During the period, a one-time expense relating to the AOL's public offer for TradeDoubler decreased operating profit by SEK 2.0 m (SEK 0 m)
- Profit after tax amounted to SEK 28.0 m (SEK 20.7 m)
- Reported earnings per share amounted to SEK 0.98 (SEK 0.73)
Operational
- The Board of Directors announced on March 28, 2007 that William Cooper was appointed as President and Chief Executive Officer of TradeDoubler AB
- On March 19, 2007 CFO Owe Wedebrand announced his decision to leave TradeDoubler
- AOL announced on March 15, 2007 the withdrawal of its public offer to acquire TradeDoubler. The offer was placed on January 15, 2007.
About TradeDoubler
TradeDoubler is a Pan-European digital marketing company offering a range of performance-based marketing solutions. TradeDoubler's products and services provide companies with the tools and expertise to drive results online whether they are looking to generate sales or drive brand awareness. Headquartered in Sweden, the company boasts a unique European reach with local offices in 15 countries across Europe and a presence in a further three countries. With a breadth of expertise across multiple industry sectors and a network of more than 100,000 website publishers TradeDoubler helps deliver online results for over 1,000 advertisers across Europe including a mix of local and international companies such as Apple Store, Dell, Telia Sonera, eBay and Kelkoo.
TradeDoubler is a Pan-European digital marketing company offering a range of performance-based marketing solutions. TradeDoubler's products and services provide companies with the tools and expertise to drive results online whether they are looking to generate sales or drive brand awareness. Headquartered in Sweden, the company boasts a unique European reach with local offices in 15 countries across Europe and a presence in a further three countries. With a breadth of expertise across multiple industry sectors and a network of more than 100,000 website publishers TradeDoubler helps deliver online results for over 1,000 advertisers across Europe including a mix of local and international companies such as Apple Store, Dell, Telia Sonera, eBay and Kelkoo.
Please visit www.tradedoubler.com for further information.