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Lycos Europe

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

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
9-month report
23.10.2007
Haarlem / Netherlands, October 23, 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 nine months of 2007.
Revenues of EUR 58.4 million generated during the  first  nine  
months  of  2007 remained stable compared to the reference period in 
2006.  The  EBITDA  for  the first nine months of 2007 amounted  to  
EUR  (12.9)  million  (2006:  EUR  (3.4) million). Decreasing 
advertising revenues, a margin  decrease  in  the  Shopping business,
an increase in cost of revenues and additional  marketing  
initiatives for LYCOS iQ are the main reasons for this development.
Cash, cash equivalents and other investments amount to EUR 159.9 
million  as  at September 30, 2007.  The cash ratio of 4.4 (cash,  
cash  equivalents  and  other investments divided by total 
liabilities) shows the continuous strong  financial position of LYCOS
Europe.
|                      |           |Nine       |Nine       |Change   |
|                      |           |months     |months     |         |
|                      |           |ended      |ended      |         |
|                      |           |September  |September  |         |
|                      |           |30, 2007   |30, 2006   |         |
|                      |           |(unaudited)|(unaudited)|         |
|Revenues              |in mln EUR |58.4       |59.0       |(1)%     |
|EBITDA                |in mln EUR |(12.9)     |(3.4)      |>(100)%  |
|EBIT                  |in mln EUR |(36.4)     |(7.9)      |>(100)%  |
|Net profit            |in mln EUR |44.1       |6.9        |>100%    |
|                      |           |           |           |         |
|Earnings/per share    |in EUR     |0.14       |0.02       |>100%    |
|(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 
fourth quarter 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.
end of announcement                               euro adhoc 23.10.2007 07:41:44

Further inquiry note:

LYCOS Europe LYCOS Europe
Investor Relations Public Relations
Sascha Wittler Frauke Riva
T: +49-(0)5241-80-71134 T: +49-(0)5241-80-71050
F: +49-(0)5241-80-671134 F: +49-(0)5241-80-671050
E: sascha.wittler@lycos-europe.com E: frauke.riva@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

Plus de actualités: Lycos Europe
Plus de actualités: Lycos Europe