OnVista AG / Preliminary Results/Change of Personnel 11.02.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- In 2007, OnVista AG (DE0005461602) grew strongly both organically and inorganically and once again increased the companys profitability. Annual projections, after having been raised three times in the course of the year, were slightly exceeded in terms of sales and profit. According to the preliminary figures presented today, the OnVista Group increased group sales in the financial year 2007 by 90% to EUR 26.67 million (prev. year: EUR 14.06 mill.). The annual forecast, last revised in August 2007, called for EUR >26 million. Ad2Net GmbH, which was acquired in March, has been consolidated within the group since the second quarter of 2007. Even not taking into account the sales of this newly acquired company, the OnVista Group grew by more than 50% and consequently stronger than the online advertising market as a whole. The OnVista finance portal was the main pillar of sales with EUR 14.14 million (prev. year: EUR 9.12 mill.; +55%), contributing more than fifty percent to total group sales. Due to economies of scale, profits developed even more dynamically than sales. Group EBITDA increased by 193% to EUR 6.54 million (prev. year: EUR 2.24 mill.). EBIT rose by 250%, from EUR 1.53 million in the previous year to EUR 5.34 million (forecast: EUR >5 mill.). In 2007 as a whole, the EBIT margin stood at 20%, almost double compared to the previous year (11%). As planned, the financial result came in substantially lower than the year before, in particular as a result of the special distribution in January 2007 in the amount of well over EUR 25 mill. However, the strong operating result by far overcompensated this effect and the pre-tax group income more than doubled, rising to EUR 5.81 million (prev. year: EUR 2.72 mill.; +113%). As a result, the forecast for EBT (EUR >5.4 million) has also been exceeded. The pre-tax profit to sales ratio reached 22% (prev. year: 19%). Below the line, the group net income totalled EUR 2.92 million (prev. year: EUR 1.58 mill.), which is a rise of 84%. The net result was affected by one-time tax effects in the amount of EUR 0.59 million (tax payments for prior periods and restatement of deferred taxes as a result of corporation tax reforms coming into effect in 2008). In addition, Michael W. Schwetje sole Executive Director and co-founder of OnVista AG today informed the Supervisory Board that he is not available for an extension of his contract. The contract still runs until 30 September 2008. The Supervisory Board will look for a suitable successor as quickly as possible. In September 2007, Mr. Schwetje sold his well over 25% stake in OnVista AG to the French company Boursorama SA, parent company of German online broker Fimatex. Boursorama today holds more than 82% of the capital stock in OnVista AG. Preliminary figures under IFRS Contact: Anja Seipp / Mareike Berkling, tel. +49 (0) 2203/9146-306/-203, email ir@onvista-group.de DGAP 11.02.2008 --------------------------------------------------------------------------- Language: English Issuer: OnVista AG Sophienstr. 3 51149 Köln Deutschland Phone: +49 (0)2203 9146-0 Fax: +49 (0)2203 180 640 E-mail: ir@onvista-group.de Internet: www.onvista-group.de ISIN: DE0005461602 WKN: 546160 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: OnVista Group ends 2007 slightly above projections: Sales +90%, EBIT +250%, EBT +113% / Sole Executive Director Schwetje rules out contract extension
| Source: EQS Group AG