18.06.2019 11:45:13

DGAP-Adhoc: YOC AG: with revenue growth of 25 to 30 % in Q2 / 2019 compared to the same period of the previous year

DGAP-Ad-hoc: YOC AG / Key word(s): Development of Sales/Quarterly / Interim Statement
YOC AG: with revenue growth of 25 to 30 % in Q2 / 2019 compared to the same period of the previous year

18-Jun-2019 / 11:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of insider information pursuant to Article 17 of Regulation (EU) No. 596/2014


YOC AG with revenue growth of 25 to 30 % in Q2 / 2019 compared to the same period of the previous year

Berlin, 18 June 2019, 11:10 CET

According to preliminary calculations, YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) is expected to generate revenues at Group level of EUR 3.8 million to EUR 3.9 million (Q2/2018: EUR 3.0 million) in the second quarter of 2019. Compared to the second quarter of the previous year, this corresponds to an expected growth of approx. 25 to 30 %. In particular, the proprietary technology platform VIS.X, which was launched on the market in fiscal year 2018, contributed to this sales development with a continuously growing share of sales.

This positive development is expected to result in growth of 15 to 20 % in the first half of 2019 compared to the same period of the previous year.

As a result, operating earnings before depreciation and amortization (EBITDA)* are expected to improve up to EUR 0.4 million to around EUR 0.1 million in the second quarter of 2019 (Q2/2018: EUR -0.3 million).

With regard to the full year 2019, the company currently confirms its full-year outlook with revenues of up to EUR 16.5 million and a further improvement in operating earnings before interest, taxes, depreciation and amortization (EBITDA) of EUR 0.2 million to EUR 0.5 million.

The key figures for the second quarter of 2019 are preliminary and unaudited. The 2019 half-year financial report of YOC AG with the final financial figures will be published as planned on 21 August 2019.

*EBITDA corresponds to the definition in YOC AG's report on the 2018 financial year (available at https://yoc.com/investor-relations/financial-reports/)

Notifying person: Dirk-Hilmar Kraus, Board of Directors

Contact
YOC AG
Investor Relations
Greifswalder Str. 212
10405 Berlin
Tel.: +49-30-726162-0
ir@yoc.de
www.yoc.com


18-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: YOC AG
Greifswalder Str. 212
10405 Berlin
Germany
Phone: +49 (0)30-72 61 62 322
Fax: +49 (0)30-72 61 62 222
E-mail: ir@yoc.com
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 826569

 
End of Announcement DGAP News Service

826569  18-Jun-2019 CET/CEST

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