LEGUIDE.COM
Press release
Paris, March 3rd , 2011
Continued growth and sharp rise in profitability in 2010
- Revenues: +17%
- Operating margin: 36.4%
- Net attributable income: +57%
Activity: Wholly organic strong growth (+17%)
LeGuide.com generated 2010 revenues of € 26.8m, representing an increase of 16.7% compared to 2009. Growth (entirely organic) was driven by both its dynamic click-based business model, which is at the core of its activities and represents 93% of the Group’s overall revenues, and by other revenues (advertising, sponsored links) which grew handsomely at the same pace.
In 2010, LeGuide.com launched a new version of webmarchand.com, which features new functionalities with information on retail outlets (stores, contact details, opening hours, etc.) for its e-merchant partners.
On an international level, LeGuide.com has finalized the technical and commercial integration of dooyoo in Germany and Italy and strengthened its teams. This policy resulted in a 44% jump in the number of international clients between December 2009 and December 2010, creating a solid base to further grow revenues.
Results: High profitability and operating margin of 36%
Significant growth in net attributable income (+57%)
| Audited accounts (€ m)* | 2010 | 2009 | Change |
| Revenues | 26.8 | 23.0 | +17% |
| Operating income % Revenues |
9.8 36% |
7.1 31% |
+38% |
| Income from ordinary activities | 10.0 | 7.2 | +40% |
| Net income before goodwill amortization | 6.7 | 4.9 | +38% |
| Net attributable income | 5.1 | 3.3 | +57% |
Growth was accompanied by a considerable increase in operating income to € 9.8m over the period (+38%). LeGuide.com accordingly generated a particularly high operating margin of 36%.
After taking into account goodwill amortization and taxes, net attributable income came in at € 5.1m, up 57%.
Over the period, the Group’s activity generated cash flow of € 9.0m. At year end, LeGuide.com posted a robust balance sheet with € 35.1m in equity and € 25.4m in cash.
Ambition: shore up the Group’s positions in Europe
In the framework of favourable market conditions for e-commerce, LeGuide.com will take advantage of its expertise to develop new services, its audience, conquer new clients and increase the monetization of its websites, especially in international markets.
This aggressive strategy, which will mean an increase in its technical, human resources and marketing investments, may be stepped up by selective acquisitions.
LeGuide.com expects to continue expanding its audience and revenues in 2011 and to maintain its profitability ratios at a high level, in spite of its investment policy.
Next publication: Q1 2011 revenues on April 26, 2011 after market close
About LeGuide.com S.A.
LeGuide.com, a publisher of on-line shopping guides, comparison websites, shopping search engines and platforms for consumer ratings, counts an audience of 14.3 million unique visitors. LeGuide.com is present in 14 European countries through a multi-site strategy surrounding a brand portfolio, including leguide.com, dooyoo.com, mercamania.com and antag.com. LeGuide.com generated €26.8m in revenue in its 2010 FINANCIAL year and has a team of 99 persons as of December 31st, 2010. LeGuide.com has been certified as an “Innovative company” by OSEO (a French public agency that supports SMEs) and is listed on the Alternext board of NYSE Euronext Paris (ticker: ALGUI; ISIN code: FR0010146092).
*source : Comscore, January 2011
For more information: www.leguide.com/finance
LeGuide.com 01 55 43 36 11 finance@leguide.com |
Actifin Anaïs de Scitivaux 01 56 88 11 14 adescitivaux@actifin.fr |
