TradeDoubler announces 53% year on year revenue growth

TradeDoubler announces 53% year on year revenue growth

TradeDoubler has today announced an increase in year on year revenues of 53%.  Revenues for the group rose to SEK 2.66 billion (approx. €282 million) in 2007 compared to SEK 1.74 billion (€184 million)for the previous year.  Fourth quarter revenues were up by 69% to SEK 872.4 million (€92 million).

Gross profit for the full year was up by 32% to reach SEK 636 million (€67 million) and over the period from October to December gross profit climbed by 34% to SEK 187 million (€20 million). 

Commenting on the results, TradeDoubler CEO William Cooper said "It is hugely encouraging to see all geographic markets and business areas making a positive contribution to the continued growth and success of the TradeDoubler Group and I am delighted with the strong performance of TradeDoubler's fastest growing European markets”.

Editorial Contacts

For more information please contact:

Nicola Reed
nicola.reed@tradedoubler.com

About TradeDoubler
Following the launch of TD Technology in Japan, TradeDoubler has extended its reach into the Asia Pacific region and now enjoys a global presence. Traditionally 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 18 countries across Europe. With a breadth of expertise across multiple industry sectors and a network of more than 118,000 website publishers TradeDoubler helps deliver online results for over 1,500 advertisers across Europe including a mix of local and international companies such as Apple Store, Dell, Telia Sonera, eBay and Kelkoo.