Lycos Europe N.V.

euro adhoc: Lycos Europe N.V.
quarterly or semiannual financial statement / LYCOS Europe closes first three months of 2007 with net profit of EUR 7.6 million

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------@@end@@

3-month report

24.04.2007

@@start.t2@@.        Total revenues in first three months 2007 amount to EUR 20.0 million (+  9
         percent vs. last year)
.        Net profit improves by 475 percent to EUR 7.6 million
.        EBIT deteriorates by 65  percent  to  EUR  (3.8)  million  vs.  EUR  (2.3)
million in reporting period 2006
.        Gross margin reaches 60 percent@@end@@

Haarlem / Netherlands, April 24, 2007 -  LYCOS  Europe  N.V.,  one   of  Europe's leading internet portals and online advertisers,  today announced  its  results for the first quarter. LYCOS Europe reported a net profit of EUR 7.6 million  in the first three months 2007 and by this outperformed last year's figure  by  475 percent (EUR (2.0) million in first three months  2006).  The  main  driver  for this result was the successful sale of LYCOS Europe's Swedish  access   business. The discontinued operations contributed EUR 10.6 million to the net result.

Total revenues in the first three months  2007  amounted  to  EUR   20.0  million compared with EUR 18.3 million in last year's reporting period. The EBIT  result deteriorated to EUR (3.8) million (vs. EUR (2.3) million in 2006)  due  to  high Research & Development for new products like  LYCOS  iQ  and  Jubii.  The  gross margin slightly decreased to 60 percent compared to  62  percent  in  the  first three months of 2006.

@@start.t3@@With a 58 percent share (EUR  11.6  million)  of  total  revenues,  the  revenue stream of paid services & shopping has been the strongest contributor  to  total revenues, followed by advertising revenues with a share of 34 percent  (EUR  6.8 million). Revenues from paid services & shopping as the  strongest  pillar  grew by 35 percent compared with  last  year's  first  three  months.  Revenues  from online advertising decreased by 16 percent compared with last  year's  reference period.

Interconnect revenues faced a 9 percent reduction which is mainly caused  by  an ongoing price drop in the German access  market.  On  February  8,  2007,  LYCOS Europe announced to consider  the  sale  of  its  German  access  business.  The company started discussions with several third parties  who  are  interested  in analysing a possible take over of the access business.

LYCOS Europe's cash,  cash  equivalents  and  deposits  amounted  to  EUR  104.3 million on March 31, 2007, compared to EUR 93.3 million on December 31, 2006.

|In million Euro              |Three months      |Three months    |Change              |
|(except per share data, |ended                 |ended                |                        |
|change and gross margin)|March 31,          |March 31,         |                        |
|                                      |2007                  |2006                 |                        |
|                                      |(unaudited)        |(unaudited)      |                        |
|Total revenues                |20.0                  |18.3                 |9%                    |
|Gross profit                  |12.0                  |11.3                 |6%                    |
|Gross margin                  |60%                    |62%                  |(3)%                 |
|                                      |                         |                        |                        |
|Loss from operations      |(3.8)                 |(2.3)                |(65)%                |
|Net profit/(loss)          |7.6                    |(2.0)                |475%                 |
|                                      |                         |                        |                        |
|Net profit/(loss) per    |0.02                  |(0.01)              |475%                 |
|share in Euro                 |                         |                        |                        |
|EBITDA                            |(2.3)                 |(0.8)                |(178)%              |@@end@@

About Lycos Europe Lycos Europe (ISIN NL0000233195) is one of  the   leading  Internet  destinations operating a network of websites in seven languages in Europe and  the  USA.  The company's combination of search,  communication  services,  online communities,content channels, Internet access, shopping, homepage building and domain   names registration addresses a wide range of target groups. The Lycos Europe  Network provides an attractive medium not only for consumers but  also for  advertisers and e-commerce partners. Every month about 38  million  users visit  the  Lycos Europe sites and also partner sites distributed by Lycos Europe. With a  network of websites covering Austria, Denmark, France, Germany, Great  Britain,  Italy, the Netherlands, Spain, Switzerland and  the  USA,  Lycos  Europe   has  a  large geographical reach in Europe and Northern America.

@@start.t4@@end of announcement                                                 euro adhoc 24.04.2007 07:59:36
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Lycos Europe N.V.
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
LYCOS Europe
Analyst Relations
Sascha Wittler
T: +49-(0)5241-80-71134
F: +49-(0)5241-80-671134
E: sascha.wittler@lycos-europe.com

Heike Meyer
Public Relations Manager
Telefon: +49(0)5241-80-71051
E-Mail: heike.meyer@lycos-europe.com

Branche: Software
ISIN:      NL0000233195
WKN:        932728
Index:    Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Euronext - Paris / free trade
              Bayerische Börse / free trade



Weitere Meldungen: Lycos Europe N.V.

Das könnte Sie auch interessieren: