Paris, 17 April 2014
Sales for the first quarter of 2014: €11.1m
Target of return to growth at the end of the year
Consolidated (non-audited) sales for the LeGuide Group in the first quarter of 2014 reached €11.1m, a decrease of 16.5% compared to the first quarter of 2013 which delivered a particularly strong performance with revenues of €13.3m (+60.2% compared to the first quarter of 2012; +19% on a pro-forma basis). Confident in its investment strategy and comforted by their preliminary results, LeGuide Group ambitions to return to a positive growth by the end of 2014.
Innovations at the service of a renewed growth.
Within a greater competitive environment due to the wide expansion of Google Shopping, LeGuide Group`s ambitious strategy of investments and diversification has already given first accomplishments in 2014.
New channels of acquisition and client contacts.
In order to ensure its solidity and independence, the LeGuide group is pursuing its traffic diversification policy with new partnerships with other search engine sites that now represent a growing share of the group`s audience.
The investment policy of the group adapts to its users and accompanies their mobility. It allowed the group to deploy a new version of its dooyoo site, already online in the UK and a mobile version of webmarchand.
blacklist.me (TM) (beta), the power of social shopping
In line with its ambitious development strategy, LeGuide Group launched the beta version of a new site of social shopping blacklist.me(TM) beta - Result of 18 months of work, this new website in its beta version, is truly user-centric and answers to increasing needs for personalised services. Based on a powerful search engine, it recommends to its users, products adapted to their tastes and liked by the members of their social network. Therefore, the user is at the heart of the website by selecting, commenting or recommending products among 9 million offers selected out of 6.500 merchants.
A reasserted trust of the merchants.
More and more merchants trust LeGuide Group. With 2.000 e-merchants more than last year, LeGuide Group lists nearly 82 500 e-merchants.
Olivier Sichel, Chairman and Chief Executive Officer, said: "The launch of the beta version of our site blacklist.me(TM) beta is part of our strategy to stand apart through innovation. All of the innovations that we are currently implementing will enable us to return to growth at the end of the year, despite the lack of visibility related to our competitive environment."
Next publication: Sales revenue for Q2 2014 on 29 July 2014 after closing.
About LeGuide group, the European shopping guides leader
The LeGuide group, provider of shopping guides, price comparison sites, shopping search engines and internet review platforms, is number one in Europe with 17.1 million unique visitors*. The group has a 180-strong workforce and operates in 14 European countries, delivering its multi-site strategy out of several subsidiaries including LeGuide.com, Ciao, dooyoo.com, mercamania.com and choozen.com. The group, which lists 193 million offers from 82,645 merchants, turned over €45.6 M in 2013. The LeGuide.com group has been awarded `Innovative enterprise` status by the French innovation agency OSEO and is listed on NYSE Euronext Paris`s Alternext (tag ALGUI, ISIN code FR0010146092).
* Source: Comscore, February 2014
| LeGuide Group |
+00 33 1 75 44 56 34
| Anaïs de Scitivaux |
+33 1 56 88 11 14
Pour plus d`information: www.leguidegroup.com / Section Investor Relations et/ou Newsroom
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Source: LeGuide.com Group via GlobeNewswire