06.08.2018
YOC AG DE0005932735
DGAP-Adhoc: YOC AG: Figures for the first half of 2018 are down on the previous year. Correction of the full-year forecast.
DGAP-Ad-hoc: YOC AG / Key word(s): Half Year Results/Change in Forecast
YOC AG: Figures for the first half of 2018 are down on the previous year.
Correction of the full-year forecast.
06-Aug-2018 / 18:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Publication of insider information pursuant to Article 17 of Regulation (EU)
No 596/2014
Figures for the first half of 2018 are down on the previous year. Correction
of the full-year forecast.
Berlin, 06. August 2018:
According to today's analysis of the preliminary figures for the first half
of 2018, the Management Board of YOC AG expects sales revenues at group
level of EUR 5.7 million (previous year: EUR 6.7 million) and EBITDA* of EUR
-0.4 million (previous year: EUR -0.2 million).
For the full year 2018 the Management Board has reduced its forecast and
expects now sales revenues of approximately EUR 13.0-14.0 million (previous
year: EUR 14.4 million). Recently, an increase in annual sales in the lower
double-digit percentage range had been forecast. As a result, the goal of
further improving earnings in 2018 will not be achieved either. Rather, the
Management Board expects EBITDA for full year 2018 to be approximately EUR
-0.4 million.
The main reasons for the adjustment of the revenue forecast are the delay in
the market launch of the new trading platform VIS.X, sales impairments as a
result of the entry into force of the EU-wide basic data protection
regulation (DSGVO) and the effects of the "Coalition for better Ads"
initiative, which resulted in increased restraint in the digital advertising
market due to stricter requirements for advertising contributions.
* EBITDA corresponds to the definition in YOC AG's report for the first
quarter of 2018 (available at:
https://yoc.com/investor-relations/financial-reports/)
Notifying person: Dirk-Hilmar Kraus, Board of Directors
Contact
YOC AG
Investor Relations
Greifswalder Str. 212
10405 Berlin
Tel.: +49-30-726162-0
[email protected]
www.yoc.com
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06-Aug-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: YOC AG
Greifswalder Str. 212
10405 Berlin
Germany
Phone: +49 (0)30-72 61 62 322
Fax: +49 (0)30-72 61 62 222
E-mail: [email protected]
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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711273 06-Aug-2018 CET/CEST
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