TradeDoubler AB : Interim report January - June 2012


Tradedoubler AB : Interim report January - June 2012

Tougher market climate

(The Group's numbers in this interim report are recognised excluding
discontinued operations unless otherwise stated)
(Numerical data in brackets refer to the corresponding period in 2011 unless
otherwise stated).


THE INTERIM PERIOD JANUARY - JUNE 2012

  * Net sales amounted to SEK 1,213.9 M (1,257.3), a fall of 4% adjusted for
    changes in exchange rates. Operating profit (EBIT) amounted to SEK 9.9 M
    (57.1), a fall of 83% adjusted for changes in exchange rates:

      * Gross profit amounted to SEK 287.2 M (306.8), a decline of 7% adjusted
        for changes in exchange rates.
      * Gross margin amounted to 23.7% (24.4%).
      * Operating costs include approx. SEK 15 M in change-related costs.

  * Cash flow from operating activities was SEK -21.8 M (9.9), mainly due to
    lower sales.
  * Earnings per share amounted to SEK -0.02 (0.80).


THE SECOND QUARTER APRIL - JUNE 2012

  * Net sales amounted to SEK 573.7 M (604.8), a fall of 6% adjusted for changes
    in exchange rates. Operating profit (EBIT) amounted to SEK -2.8 M (22.2):

      * Gross profit amounted to SEK 140.8 M (149.5), a decline of 6% adjusted
        for changes in exchange rates.
      * Gross margin amounted to 24.5% (24.7%).
      * Operating costs include approx. SEK 10 M in change-related costs.

  * Cash flow from operating activities was SEK -12.7 M (-31.9), mainly due to
    lower sales.
  * Earnings per share amounted to SEK -0.25 (0.33).
  * The economic downturn in Southern Europe meant falling volumes in these
    countries. Price competition increased in Northern Europe.
  * Net sales and earnings increased in the Technology segment.
  * On 1 August, Rob Wilson takes over as CEO and Jonas Ragnarsson takes over as
    CFO.



PRESENTATION OF THE INTERIM REPORT

The interim report will be presented at a press and analyst conference on 27
July at 10.00 a.m. in Tradedoubler's premises at Sveavägen 20. The presentation
may also be followed via a webcast using the link:
http://financials.tradedoubler.com/.


[HUG#1629955]

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