getgoods.de AG / Key word(s): Miscellaneous

19.01.2012 / 10:20

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getgoods.de AG reports very successful Christmas season 80% growth in revenues compared to the previous year
Dusseldorf, January 19, 2012 - getgoods.de AG, a leading operator of online platforms for IT and telecommunication products in the fast growing e-commerce market, reports a very successful Christmas season 2011. So far, it was the best Christmas season in the still young company history; revenues per day grew 80% compared to the previous year, the company hit a revenue record of EUR 1.9m on December 12 and shipped up to 10,000 parcels per day. Therefore, the full year revenue target of EUR 300m was also excelled.
 
Even though the Christmas shopping period started quite late last year, getgoods.de AG benefited especially from the ongoing transition from stationary trade towards online shopping. The growth of the online shopping segment in Germany is still extremely fast and it looks like it is not yet coming to an end. Therefore, the amount of parcels shipped by getgoods.de has again doubled during the Christmas period, reaching an average of 5,000 parcels per day. According to HDE (Trade Association of Germany) online shopping revenues for the Christmas season are expected to have shown a double digit growth once again, increasing from EUR 5.9bn to up to EUR 6.5 bn. Hence the online shopping segment is growing significantly faster than the general retail segment.
 
getgoods.de AG is looking back at a very eventful year 2011. In June, the company was listed on the stock exchange in Frankfurt, in July getgoods.de AG acquired Home of Hardware GmbH (www.hoh.de) from CANCOM AG which was already fully integrated into getgoods.de by September. Furthermore the company implemented a new enterprise resource planning system for its online shops and in November the new logistic centre in Markendorf (Frankfurt/Oder) was opened. The relocation to the new logistic centre took place before the Christmas season started.

The Management is also confident when it comes to the fiscal year 2012 and expects to increase full year revenues to up to EUR 400m. This year, the company will focus on the development of its brands, increasing its popularity as well as on improving its profitability.
For further information about the company, the management and the getgoods.de share please refer to the company's IR website: www.getgoods.ag.

IR-Contact:
Dorothea Schneider
Haubrok Investor Relations GmbH & CO. KG
Tel: +49 89 210 27 520
Email: d.schneider@haubrok.de


About getgoods.de AG
getgoods.de AG distributes IT and telecommunications products via various online shops within the fast-growing e-commerce market. The products focus is on mobile phones, smart phones, telephones and notebooks. Additionally, the company provides consumer electronics and white goods. With six online shops, such as www.getgoods.de, www.hoh.de, or www.handyshop.de the company covers a wide range within its portfolio.


End of Corporate News

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19.01.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
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153354 19.01.2012