Lycos Europe N.V.

euro adhoc: Lycos Europe N.V.
quarterly or semiannual financial statement / LYCOS Europe N.V. published its financial results for the first half year 2007 today

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

6-month report

31.07.2007

Haarlem / Netherlands, July 31, 2007 - LYCOS Europe N.V. ("LYCOS"), one  of  the leading European portal providers and online advertisers,  today  published  its unaudited condensed consolidated interim  financial  statements  for  the  first half year 2007.

The EBITDA of the first six months ended June 30, 2007  amounted  to EUR  (7.6) million compared to EUR (0.1) million in the reference period in 2006.  Revenues remained stable, whereas the cost base increased. This was mainly the result  of additional marketing initiatives, higher expenses in connection with the  recent product launches and  one-time  effects.  The  EBITDA  therefore  deviates   from previous forecasts.

The disposal of the available for sale investment in  Seznam.cz,   a.s.  resulted in a transaction gain of EUR 64.8 million. Mainly as a result of Pangora's  loss of Google traffic and the negative trend in the Fireball usage, the Company  had to  incur  an  impairment  loss of  EUR  19.2  million.  Both  together  had  a significant impact on the Company's financial statement. The net profit for  the first six months of 2007 amounted to EUR 48.7 million.

Cash, cash equivalents and other investments increased to EUR 168.6   million  as at June 30, 2007.  The cash ratio of  4.4  (cash,  cash   equivalents  and  other investments divided by total liabilities) shows the  strong  financial  position of LYCOS Europe.

|                                  |                 |Six months|Six months|Change    |
|                                  |                 |                |                |              |
|                                  |                 |ended        |ended        |              |
|                                  |                 |June 30,  |June 30,  |              |
|                                  |                 |2007         |2006         |              |
|                                  |                 |(unaudited|(unaudited|              |
|                                  |                 |)              |)              |              |
|Revenues                      |in mln EUR |41.2         |41.6         |(1)%        |
|EBITDA                         |in mln EUR |(7.6)        |(0.1)        |> (100)% |
|EBIT                            |in mln EUR |(29.8)      |(3.1)        |> (100)% |
|Net profit/(loss)        |in mln EUR |48.7         |(2.3)        |> 100%    |
|                                  |                 |                |                |              |
|Earnings/Loss per        |in EUR        |0.16         |(0.01)      |> 100%    |
|share                          |                 |                |                |              |
|(diluted and                |                 |                |                |              |
|undiluted)                  |                 |                |                |              |

The ongoing product offensive and marketing initiative will result in a  similar cost level during the coming months. The increase in revenues  is  not  expected to cover this cost level and therefore, the  Company  calculates  also  with  an operating loss for the second half of 2007.

###

About Lycos Europe Lycos  Europe  (ISIN  NL0000233195)  is  one  of   the  leading  European  portal providers and online advertisers   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.

@@start.t2@@end of announcement                                                 euro adhoc 31.07.2007 07:55:26
--------------------------------------------------------------------------------@@end@@

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

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

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

Branche: Software
ISIN:      NL0000233195
WKN:        932728
Index:    Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Hannover / free trade
              Euronext - Paris / free trade
              Börse München / free trade



Weitere Meldungen: Lycos Europe N.V.

Das könnte Sie auch interessieren: