
TradeDoubler today announces an increase in Q1 revenues of 30% to SEK 521.1 million (€56.7m) compared to SEK 400.5 (€43.6m) for the first quarter of 2006. Gross profit for the period was also up by 30% to SEK 139.6 million (€15.2m). TradeDoubler attributes this growth to the continued recruitment of high quality advertisers and publishers throughout the first quarter as well as an increase in the number of transactions across its European networks. Newly appointed CEO, William Cooper comments "We are delighted with the results for the first quarter of 2007. All geographic markets have shown an increase in revenues compared to the corresponding period of last year as the industry has continued to evolve with advertisers allocating larger portions of their advertising budgets online."
The EuroPR Group
T: 020 8971 6400
Jason Bird E: jbird@europrgroup.com
Sue Glanville E: sglanville@eurorprgroup.com
Louise Stewart-Muir E: louise@EuroPRGroup.com
About TradeDoubler
TradeDoubler is a Pan-European digital marketing company offering a range of performance-based marketing solutions. TradeDoubler's products and services provide companies with the tools and expertise to drive results online whether they are looking to generate sales or drive brand awareness. Headquartered in Sweden, the company boasts a unique European reach with local offices in 15 countries across Europe and a presence in a further three countries. With a breadth of expertise across multiple industry sectors and a network of more than 100,000 website publishers TradeDoubler helps deliver online results for over 1,000 advertisers across Europe including a mix of local and international companies such as Apple Store, Dell, Telia Sonera, eBay and Kelkoo.