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Rentabiliweb: Record Growth in Income in Q3 2010: +40.1% (EUR 23.5M)


News provided by

Rentabiliweb

Nov 09, 2010, 02:45 ET

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BRUSSELS, November 9, 2010 /PRNewswire-FirstCall/ --

- Strong, Steady, Essentially Organic Growth in Income for the First 9 Months of the Year: +39.5% (EUR64.5M)

- Forecast for 2010 Exceeded

In compliance with the financial calendar, Rentabiliweb Group (ISIN BE0946620946 -- Mnemo BIL) published its income as of 30 September 2010, which was higher than the development plan and the Group's forecasts. As a result, the Group will easily reach its forecast up to 30% growth for the year.

    In thousands of Euros  Q3 2010 Q3 2009 Change%  9 months 9 months Change%
                                                       2010    2009

    Income                  23 456  16 742   +40.1%   64 536   46 262  +39.5%
    including audience       9 368   5 628   +66.5%   26 293   17 985  +46.2%
    monetization for third
    parties (B to B)
    including audience      14 088  11 114   +26.8%   38 244   28 277  +35.2%
    monetization for its
    own account (B to C)

"These excellent figures foretell a bright future for our Group," states Jean-Baptiste Descroix-Vernier, Chairman of Rentabiliweb Group. "Our operating strategy has proven highly profitable and our development strategy is continuing even a bit more quickly than I had counted on. Rentabiliweb is clearly experiencing a new speedup in its growth. I am delighted by this, and we remain ambitious yet vigilant."

Sharp acceleration in the B to B segment

The monetization services business (B-to-B: audience monetization for third parties) is showing record growth of +66.5% to EUR 9 368 K.

The third quarter of the year was driven by the momentum of our partner micropayment sites, which were able to capitalize on new sources of audiences and on the viral marketing unique to social networks.

The business was also bolstered by the strong growth in the Group's performance-based solutions, namely e-mail and SMS loyalty programmes and cash-back solutions such as http://www.mailorama.fr and http://www.textorama.fr, with growth of +80% for the first nine months of the year and +40.2% for the third quarter of 2010.

Mailorama confirmed its leadership for cash-back activities in France with a number of additional developments and features over recent months: the successful launch of Panel & Co, special "First of a Kind" operations, a new corporate graphics scheme and a new navigation circuit that, according to initial feedback, speeds up recruitment of active online shoppers. Finally, Rentabiliweb Group has strengthened its marketing and advertising investments in the sector. Thus, a partnership has been built with Groupe TF1, making Mailorama the official sponsor of the French version of popular game show "The Price is Right" during the month of November.

The Interactive Voice Services and SMS+ activities for digital and traditional media are growing steadily. Particularly noteworthy are the launch of SMS+ to the Economic Interest Group for independent radio stations and the attractiveness of audiotel and SMS+ games for the regional daily press. Over the past several months, the range has been greatly enriched, with a new interface for creating SMS+ games and optimization of audiotel scenarios, enabling our partners to create, administer and manage their games operations autonomously and to modify their voice services instantly.

Steady and sustainable development in the B to C segment

The digital content publishing business (B-to-C: audience monetization for its own account), driven by Dating, Women's, Well-Being and Family Games content, has grown +35.2% to EUR 38 244 K over the first nine months of the year and +26.8% to EUR 14 088 K for the third quarter alone. The relative share of the B-to-C business has remained stable and accounts for around 60% of all Group activities in 2010.

The contribution of Edencast, a performance-based ad space broker specialized in paid search engine optimization, integrated into the accounts starting 1 July 2010, is consistent with the Group's expectations. When subtracted, the organic growth of the B-to-C Publishing activity shows + 29.1% growth over the first nine months of the year. Incorporation of the staff and the sharing of expertise is continuing and has led the Group to entrust Edencast's team with monetizing a part of the clients that have been up to now managed by other publishing subsidiaries within the Group in order to optimize promotional and advertising investments.

The building of a comprehensive package and full range of entertainment sites combined with constant control of traffic sources helped to boost cross sales between the various types of content within the portfolio. At the same time, the Group strengthened its relationships with partners and affiliates during the quarter, thanks namely to launch of new promotional tools and mobile features.

All of this has enabled Rentabiliweb Group to look forward to upcoming financial years with confidence both in terms of growth in sales and in terms of profitability.

As a result, and despite unfavorable basis with fourth quarter 2009, which was particularly buoyant, the Group will achieve its annual growth forecast largely of over 30%.

See this press release at: http://www.rentabiliweb.org/actualites/?p=2303

About Rentabiliweb

Founded in 2002, The Rentabiliweb Group offers Internet professionals and webmasters the largest platform of website traffic monetization services, namely payment and micropayment solutions. It also runs affiliate programs, offers online advertising space brokerage and interactive voice services for offline media and provides renowned expertise in loyalty programs and Direct Marketing.

Rentabiliweb is also one of the premier French-language publishers, with a package of services spanning the full range of mass-market entertainment, from community services, family games and services for the general public to recommendations for Internet users, personal ads, dating services and more.

Listed on Compartment C of the Euronext Brussels and Paris stock markets, the Group today has 13 subsidiaries in Europe, Canada and Asia, employing 150 staff members around the world. In 2009, Rentabiliweb's sales topped EUR 65 million, with net profits of EUR 7.5 million.

Rentabiliweb is also a socially responsible company in its sectors of activity, strictly applying the ten principles laid out by the UN Global Compact.

For more information, visit: http://www.rentabiliweb.org

SOURCE Rentabiliweb

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