TOMORROW FOCUS AG / Quarter Results 08.05.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- TOMORROW FOCUS AG experienced strong e-commerce growth in first quarter 2008 (in EUR million) Q1 2008 Q1 2007 Change Revenue 16.9 14.8 14.4% EBITDA 1.9 1.7 8.4% EBIT 1.0 1.0 -4.6% Net income for the period after minority interest 0.4 0.3 29.7% Earnings per share (in EUR) 0.01 0.01 0% Munich, Germany, 8 May 2008 In the first quarter 2008 the TOMORROW FOCUS Group once again remained firmly on course for growth. Group revenue rose substantially by 14.4 percent quarter on quarter from EUR 14.8 million to EUR 16.9 million. The main reason for the increase in revenue was the continuing high company growth of Elitemedianet GmbH and HolidayCheck AG. Portal activities were below target and the previous years figures, hit by poor advertising sales. Group earnings before interest, taxes, depreciation and amortisation (Group EBITDA) rose to EUR 1.9 million for the first quarter 2008 from EUR 1.7 million for the equivalent period in 2007. Group earnings before interest and taxes (Group EBIT) of EUR 1.0 million were at the same level as for the first quarter 2007. Group earnings before tax (Group EBT) for the first quarter 2008 amounted to EUR 0.5 million compared with EUR 1.2 million in the first three months of the previous year. Consolidated net income for the period before minority interest was EUR 0.4 million for the first quarter after EUR 0.8 million for the first quarter 2007. Consolidated net income for the period after minority interest in contrast rose from EUR 0.3 million in the first quarter 2007 to EUR 0.4 million in the first three months of 2008. Earnings per share for the quarter were EUR 0.01 in the first three months of 2008, and thus equivalent to the same quarter of the previous year. It must be taken into account that the key figures reported for the first quarter 2007 include compensation payments from MSN to the TOMORROW FOCUS Group of EUR 0.3 million. In the first quarter 2008 TOMORROW FOCUS AG invested strongly in the further development and expansion of its business sectors and brands. A state-of-the-art video player was developed by TOMORROW FOCUS Technologies, and marketing is set to start already in the second quarter of the year. In addition substantial investment has taken place in the further internationalisation of the travel booking platform of HolidayCheck, as the history of hits for the international domain of HolidayCheck has been very positive. HolidayCheck is also to offer new products this financial year which will further expand the companys product range. An experienced specialist team is currently working on the launch of an extensive rental car comparison portal, planned to start in the third quarter 2008. In the near future, this will enable customers of HolidayCheck to reserve a rental car from the most favourable provider within the scope of their travel bookings. The Management Board thus anticipates continued growth in the E-Commerce segment in the course of the year. In the Technologies segment ongoing stable business transactions above the previous years level are expected. The Portal segment will face strong competition for advertising budgets in future as well. The focus here is on a further improvement in earnings margins. In February 2008 a programme to safeguard earnings was approved for this purpose. Since March 2008 external management consultants have been examining the segment to identify potentials for increased earnings and cost savings. Initial specific measures are already being introduced. Looking at the year as a whole, Portal activities are expected to be difficult but above the previous years level. All in all, company growth is anticipated to continue in the current financial year. About TOMORROW FOCUS AG: TOMORROW FOCUS AG (ISIN DE0005495329), Munich, Germany, is one of the leading media providers of internet products in Germany. It publishes sophisticated information and entertainment content for consumers. TOMORROW FOCUS AG also markets attractive target groups with high reach and cross-media platforms to cooperation partners. In terms of page impressions, TOMORROW FOCUS AG is currently one of the leading online marketing companies in Germany. TOMORROW FOCUS AG develops, implements and hosts sophisticated online and mobile solutions for organisations with communicative challenges. It also operates the HolidayCheck holiday rating and travel agency portal, and the ElitePartner premium dating agency portal. Media relations contact: TOMORROW FOCUS AG Armin Blohmann Steinhauser Strasse 1+3 D-81677 München Germany phone: +49 (0)89 9250-1256 fax: +49 (0)89 9250-2403 email: a.blohmann@tomorrow-focus.de www.tomorrow-focus.de DGAP 08.05.2008 --------------------------------------------------------------------------- Language: English Issuer: TOMORROW FOCUS AG Steinhauserstr. 1-3 81677 München Deutschland Phone: +49 (0)89 9250-1256 Fax: +49 (0)89 9250-2403 E-mail: a.blohmann@tomorrow-focus.de Internet: www.tomorrow-focus.de ISIN: DE0005495329 WKN: 549532 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: TOMORROW FOCUS AG experienced strong e-commerce growth in first quarter 2008
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