DGAP-News: YOC AG / Key word(s): Quarterly / Interim Statement/Half Year Results
Proprietary trading platform VIS.X(R) as driver of corporate development: Sales growth +18% in H1/2019
- Revenue increase by 18 % to EUR 6.8 million in H1/2019
- Continuation of earnings improvement; EBITDA already almost balanced in H1/2019
- Scaling of the business model via own technology platform VIS.X(R)
- Growth also continues in the second half of 2019
Moreover, in the second quarter of 2019 the company expanded its existing product lines with YOC Ads Plus to keep pursuing its mission of offering a better advertising experience for everyone. Each YOC Ads Plus format promises better awareness, a unique user experience and the highest quality. Various international media agencies and advertising customers - including Nespresso, Milka, Unilever and National Geographic - purchased different versions of the YOC Ads Plus programmatically via VIS.X(R).
"As a result of the company's growth continuing in the second half of the year- we expect revenues to rise by between EUR 15.5 million and EUR 16.5 million for the 2019 financial year as a whole, with a disproportionately low increase in the cost structure," says Sebastian Bauermann, Director Finance at YOC.
21.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Greifswalder Str. 212|
|Phone:||+49 (0)30-72 61 62 322|
|Fax:||+49 (0)30-72 61 62 222|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||860407|
|End of News||DGAP News Service|
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