06.08.2020 11880 Solutions AG  DE0005118806

DGAP-News: 11880 Solutions AG continues on its growth trajectory in the first half of 2020: Higher revenue and improved EBITDA even during the crisis


 

DGAP-News: 11880 Solutions AG / Key word(s): Half Year Results
11880 Solutions AG continues on its growth trajectory in the first half of 2020: Higher revenue and improved EBITDA even during the crisis

06.08.2020 / 08:00
The issuer is solely responsible for the content of this announcement.


Essen, 6 August 2020 - 11880 Solutions AG today announced that despite the coronavirus crisis it has succeeded in achieving continued growth in the first half of 2020 and generating higher revenues year-on-year. The company again was able to increase the number of contract customers in the Digital business significantly by almost 3,000 to 41,664.

Revenues as of 30 June 2020 were EUR 24.0 million (H1 2019: EUR 23.2 million). The Digital business accounted for EUR 18.1 million (H1 2019: EUR 16.7 million) and the Directory Assistance business for EUR 5.9 million (H1 2019: EUR 6.5 million) in revenues.

Although 11880 Solutions AG's EBITDA was depressed in the first half of 2020 by extraordinary costs in connection with the introduction of new IT systems, it still amounted to EUR 1.4 million as of 30 June 2020. This represents an increase of 27.4 percent over the previous year's figure (30 June 2019: EUR 1.1 million).

The company's performance in the first half of 2020 shows that the digital transformation has been successfully achieved with the product portfolio built up in recent years. The consumer-focused 11880 portals werkenntdenBESTEN.de and wirfindendeinenJOB.de received a particular boost during the coronavirus crisis. Many consumers in Germany used the portals as an important everyday guide to obtain information about current offers and opening hours of doctors, service providers, craftsmen or restaurants. At werkenntdenBESTEN.de, the number of consumer reviews exceeded the 100 million mark in June 2020.

"We want to continue on our growth trajectory and buck the crisis in the coming months. Together with our major shareholder united vertical media, we will evaluate and implement further collaboration options", says Christian Maar, CEO of 11880 Solutions AG, with a view to the second half of 2020.

The full 2020 half-yearly report is available at: https://ir.11880.com/finanzberichte




Contact:
Anja Meyer
11880 Solutions AG
Tel.: 0201 / 8099-188
E-Mail: [email protected]


06.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: 11880 Solutions AG
Hohenzollernstraße 24
45128 Essen
Germany
Phone: 0201-80990
E-mail: [email protected]
Internet: www.11880.com
ISIN: DE0005118806, DE0005118806, ,
WKN: 511880, 511880
Indices: Prime All Share
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1110703

 
End of News DGAP News Service

1110703  06.08.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 41,27 42,92 47,67 50,80 56,53 56,02 61,00
EBITDA1,2 -2,30 0,98 2,76 2,97 5,84 2,38 3,30
EBITDA-Marge3 -5,57 2,28 5,79 5,85 10,33 4,25
EBIT1,4 -10,09 -3,05 -2,11 -2,66 -0,33 -3,37 -2,40
EBIT-Marge5 -24,45 -7,11 -4,43 -5,24 -0,58 -6,02 -3,93
Jahresüberschuss1 -9,63 -3,11 -3,18 -2,31 1,04 -3,49 -2,80
Netto-Marge6 -23,33 -7,25 -6,67 -4,55 1,84 -6,23 -4,59
Cashflow1,7 -2,51 1,26 4,40 2,47 4,24 -0,30 0,00
Ergebnis je Aktie8 -0,50 -0,16 -0,16 -0,10 0,04 -0,14 -0,13
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
11880 Solutions
WKN Kurs in € Einschätzung Börsenwert in Mio. €
511880 0,705 Halten 18,49
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
35,25 39,25 0,90 -2,60
KBV KCV KUV EV/EBITDA
3,87 - 0,33 7,25
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 19.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 08.08.2024 09.11.2023 10.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,98% -13,60% -6,62% -32,21%
    
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