TOMORROW FOCUS AG / Half Year Results 07.08.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- TOMTOMORROW FOCUS AG achieves growth in revenue and profits in the first six months of 2008 First six First six (in EUR million) months 2008 months 2007 Change Revenue 35.9 32.2 11.6% EBITDA 4.8 3.8 27.0% EBIT 3.0 2.1 41.3% Net income for the period after minority interest 0.9 0.5 72.6% Earnings per share, EpS (in EUR) 0.02 0.01 100.0% Munich, Germany, 7 August 2008 TOMORROW FOCUS AG, one of the leading exchange-listed internet companies in Germany, remains on course for growth with revenue, EBITDA, EBIT and EpS all surpassing the previous year's figures. Although the Portal segment's revenue and profits were not satisfying as a result of the weak advertising market, the E-Commerce segment achieved further revenue and profit growth. Group revenue in the first six months of 2008 increased by 11.6 percent from EUR 32.2 million in the same period last year to EUR 35.9 million. Group earnings before interest, taxes, depreciation and amortisation (Group EBITDA) rose from EUR 3.8 million in the first six months of 2007 to EUR 4.8 million in the first six months of 2008 (+27.0 percent). Group earnings before interest and tax (Group EBIT) increased by EUR 0.9 million in the first six months of 2008 to EUR 3.0 million (+41.3 percent). Group earnings before tax (Group EBT) declined from EUR 2.6 million in the first six months of last year to EUR 1.7 million in the first six months of 2008 (-31.7 percent) due to an increase in financial expenses. Consolidated net income for the period before minority interest was EUR 1.0 million in the first six months of 2008 following EUR 1.7 million in the first six months of 2007 (-37.8 percent). Consolidated net income for the period after minority interest increased, however, from EUR 0.5 million in the first six months 2007 to EUR 0.9 million in the first half year 2008 (+72.6 percent). Earnings per share for the first six months improved as a result from EUR 0.01 in the first six months of 2007 to EUR 0.02. It is necessary to take into account that the ratios for the first six months of 2007 include compensation payments of EUR 0.5 million made by MSN to the TOMORROW FOCUS Group. The management board is expecting that the Portal segment will also have to contend with a problematic environment for content providing portals in the online display marketing sector during the second six months of 2008. That is why further investments in performance marketing will be initiated over the next few months to follow the equity investment in the Adjug advertising marketplace. Investments in automated news and information portals have also been made in Findocs and jameda. The strong growth trend over recent years in the E-Commerce segment will continue in the second half of 2008. Although ElitePartner is focusing on achieving growth in Germany, HolidayCheck is pressing ahead with its international expansion this year. Overall, the rate of page impressions on the international domains has developed very positively and preparations are now underway to incorporate a travel agency on a trial basis on some of them. About TOMORROW FOCUS AG TOMORROW FOCUS AG (ISIN DE0005495329), Munich, Germany, is one of the leading exchange-listed internet groups in Germany. It operates the three divisions of Portal, E-Commerce and Technologies. The company's own publishing platforms, FOCUS Online, AMICA Online, CINEMA Online, FITFORFUN Online, MAX Online and TV SPIELFILM Online, the physician rating portal jameda and premium website marketing operations are assigned to the Portal division. The E-Commerce division comprises the HolidayCheck hotel rating and holiday booking portal, the premium online dating portal ElitePartner and Germany's leading men's lifestyle magazine, Playboy. In the Technologies division, TOMORROW FOCUS Technologies GmbH and CELLULAR GmbH provide a comprehensive range of IT services for stationary and mobile internet. Media and investor relations contact: TOMORROW FOCUS AG Armin Blohmann Steinhauser Strasse 1+3 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 07.08.2008 --------------------------------------------------------------------------- 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 achieves growth in revenue and profits in the first six months of 2008
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