Getupdated Internet Marketing AB (publ): Interim Report January - March 2008

5/6/2008, 8:30 AM (Source: GlobeNewswire)
Year-on-year Growth of 188%
 
Current Reporting Period (January-March)
* Net sales amounted to approx SEK 88,342,000 (30,687,000), a 188%
increase year on year
* Operating profit was approx SEK 8,848,000 (3,906,000)
* Profit after tax was approx SEK 4,511,000 (2,391,000)
* Basic and diluted earnings per share were SEK 0.17 (0.21)
* Main sponsor of the market's biggest event in the US
* Clear synergies from the strategic acquisitions conducted in the
previous year
* Sustained healthy expansion of customer base, new customers
including Aleris, OKQ8, Ving, Eniro and Folktandvården (Swedish
dental health service)
* A rights issue was conducted after the end of the period, raising
SEK 67.8 m for the company before issue expenses
* After the end of the period, the company's largest shareholder
proposed that the AGM elected Bengt Nilsson, founder of IFS, as a
Board member

 
Full report attached in PDF-format. 

For more information, please contact:
Johan Kadar, Chief Executive Officer of Getupdated
johan.kadar@getupdated.com
Tel: +46 (0)70 887 5232
 
This information is mandatory for Getupdated Internet Marketing AB
(publ) to publish pursuant to the Swedish Securities Markets Act
and/or the Swedish Financial Trading Act. The information was
submitted for publication at 8:30 a.m. on 6 May 2008.
 
This is Getupdated Internet Marketing
Getupdated is a high-growth total provider on the Internet marketing
and online communication market, and is one of the leading players in
the organic search marketing segment. The company markets and
delivers an extensive selection of Internet marketing products and
services such as advertising, search marketing, search engine
optimization, affiliate marketing, traffic analysis, Internet
strategies, web and portal development, web design, e-commerce,
communities and web hosting.
 
Getupdated's customers are corporations and other organizations that
want to reach their customers and do business on the Internet. The
company has been helping many corporations develop their business on
the Internet since 1999, including Tele2, Unibet, Intrum Justitia,
OKQ8 and Eurosport. Getupdated has an employee headcount of some 340
in Sweden, Norway, the UK, France and the US, and has been quoted on
First North, an alternative marketplace affiliated to OMX Nordic
Exchange, since July 2007. Mangold Fondkommission is Getupdated's
certified advisor

View document
Copyright GlobeNewswire, Inc. 2016. All rights reserved.
You can register yourself on the website to receive press releases directly via e-mail to your own e-mail account.