Goldrooster AG
Goldrooster AG: Goldrooster’s revenue and profit rise steeply in the first nine months of 2012
Goldrooster AG / Key word(s): Quarter Results 09.11.2012 12:18 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Goldrooster's revenue and profit rise steeply in the first nine months of 2012 - Revenue increases by 48.3 percent to 109.4 million Euro in the first nine months of 2012 - Net profit rises by 36.4 percent to 16.8 million Euro, corresponding to 0.83 Euro earnings per share - Cash and bank balances up to around 47 million Euro at the end of September 2012 - Outlook remains positive Berlin, 9 November 2012 − Goldrooster AG (ISIN DE000A0AYYU6), the German holding company of Goldrooster Group, an operator of an innovative sports fashion brand specialising in apparel, footwear and accessories for the Chinese market, has recorded a significant increase in both revenue and profit in the first nine months of 2012. At 109.4 million Euro, revenue in the first nine months already exceeded the figure for full year 2011 of 104.0 million Euro. This corresponds to a rise of 48.3 percent year-on-year. Gross profit went up by 50.1 percent to 30.7 million Euro in the reporting period. Earnings before interest and taxes (EBIT) amounted to 22.4 million Euro, up 36.9 percent on the previous year's figure of 16.4 million Euro. Goldrooster's net profit increased by 36.4 percent to 16.8 million Euro, almost reaching the full-year 2011 figure of 17.0 million Euro already. Based on a weighted average number of shares, earnings per share came to 0.83 Euro in the first nine months of 2012. At the end of the reporting period, Goldrooster's cash and bank balances came to around 47 million Euro compared to 29.8 million Euro at the end of December 2011. The equity ratio rose from 67.5 percent at the end of 2011 to 71.0 percent. The net asset value (NAV) per share came to 2.65 Euro at the end of September 2012 compared to 1.66 Euro at the end of December 2011. Goldrooster successfully expanded its sales network to 1,519 retail outlets, 175 more than at the end of 2011. The outlook remains positive. Goldrooster expects its profitable growth to continue in full year 2012. Goldrooster Group runs an innovative sports fashion label, specialising in apparel, footwear and accessories for the Chinese market. With the goal of delivering high quality products at attractive prices, it targets China's young and ambitious middle class ranging in age from 18 to 35. The company has been on a profitable growth path for years. Further information about Goldrooster AG can be found on www.goldrooster.de Contact: edicto GmbH Dr. Sönke Knop / Peggy Kropmanns Eschersheimer Landstrasse 42 60322 Frankfurt, Germany Phone: +49 (0)69 905505 51 E-mail: goldrooster@edicto.de Disclaimer This publication constitutes neither an offer to sell nor a solicitation to buy securities of Goldrooster AG. The shares have been offered solely by means of, and on the basis of, the published securities prospectus. The securities prospectus is available on the Company's website (www.goldrooster.de). This document is not an offer of securities for sale or a solicitation of an offer to buy securities in the United States. The shares of Goldrooster AG ('Shares') have not been registered under the U.S. Securities Act of 1933, as amended ('Securities Act') and may not be offered or sold in the United States, unless registered under the Securities Act or according to an exemption from such registration. There will not be any public offering of the Shares in the United States and the Shares will not be registered under the Securities Act. This document is only aimed at and is only distributed to (i) individuals outside the United Kingdom, or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ('Order') or (iii) high net worth entities, and other individuals to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (together referred to as 'relevant persons'). The Shares are only available to, and any invitation, offer or agreement to subscribe, buy or otherwise acquire such securities will be engaged in only with, relevant persons. Any individual who is not a relevant person should not act or rely on this document or any of its contents. 09.11.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Goldrooster AG c/o Salans LLP, Markgrafenstraße 33 10117 Berlin Germany Phone: +49 (0)30 695 29 234 Fax: +86 595-85350888 E-mail: goldrooster@edicto.de Internet: www.goldrooster.de ISIN: DE000A0AYYU6 WKN: A0AYYU Listed: Freiverkehr in Berlin, Düsseldorf; Open Market (Entry Standard) in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------
Latest News
Latest Reports
Upcoming Events
No Events found
Webcasts
No Webcasts found