Guava A/S' Interim Report for the financial period from 01 July - 31 March 2010
(financial accounts for 9 months) shows a loss in the amount of DKK 3.2 million
before interest, taxes, depreciation and amortisation (EBITDA) compared to a
loss in the amount of DKK 18.3 million for the same financial period last year.
During the latest 3 quarters, we have increased our business activities with
our current customers and have achieved new international customers for the
Guava Group even if not all these initiatives have yet resulted in revenues.
The Netbooster Group's increased stake in Guava is now showing synergies in
providing services to International customers. We are increasing our customer
base in all countries in which Guava is represented and we have been successful
in the field of new international client wins.
The Guava Group is proud to help the Worldwide hotel chain ACCOR and the
worldwide premium brand Clarins deliver Online services. This clearly
demonstrates that our strategy of building high performing online solutions to
benefit International customers is in progress and customers now benefit from
the joint online expertise provided by the Netbooster Group and the Guava
Group.
We have also increased the business in Guava UK with one of the strongest
Retail Chains in the UK - Laura Ashley - which will benefit from our SEO
expertise. In Guava Denmark we will start providing services to International
Brands like Siemens and Ecco, and in Guava Sweden we will provide SEO expertise
services to OB Wiik and STA travel.
As at 31 March 2010, the Company had available cash funds in the amount of DKK
12.3 million.
The entire financial report is enclosed in a PDF-document.
With kind regards
Guava A/S
Nils Carlsson Pascal Chevalier
Group Chief Executive Officer Chairman
Further information can be obtained by contacting the following persons:
Guava A/S Horwath Revisorerne (Certified Adviser)
Amaliegade 3-5 Strandvejen 58
DK-1256 København K DK-2900 Hellerup
Nils Carlsson Søren Jonassen / Thomas Viscovich
GroupChief Executive Officer State Authorised Public Accountant
Tlf.: +46 766447700 Tlf.: 39 29 25 00
Mail: ir@guava.com Mail: s.jonassen@revisor.com
t.viscovich@revisor.com
