'- Turnover increased to 95 million euro (previous year: 28.5 million euro)
- Profit for the year 0.4 million euro (previous year: minus 8.5 million euro)
- Expectations for 2014: A growth in turnover of over 100 million euro and clearly positive EBITDA
According to initial estimates, Ecommerce Alliance AG, listed on the Entry Standard of the Frankfurt Stock Exchange (ISIN DE000A1C9YW6 / WKN A1C9YW) achieved a turnover in 2013 of around 95 million euro (previous year: 28.5 million euro) and an EBITDA of 0.2 million euro (previous year: minus 0.95 million euro). The higher turnover figure is mainly due to wap-telecom group joining the consolidated companies. The group ended the 2013 fiscal year with a preliminary figure for annual profit of 0.4 million euro (previous year: minus 8.5 million euro).
Daniel Wild, CEO of Ecommerce Alliance AG: "We are pleased with the turnover achieved in 2013, but expect a further increase in 2014. The wap-telecom group turnover was consolidated only on 1 March 2013; furthermore, the market environment was significantly weaker in the fourth quarter of 2013. This market phase has since improved and we are optimistic about the future. Our main emphasis will be on profitable growth. We are confident of attaining a turnover well above 100 million euro for the current financial year and a considerably improved EBITDA."
The full 2013 annual report will be published on 4 June 2014; it will be possible to download it on this date from www.mountain-alliance.de.
