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France — Adenclassifieds's revenues down by -19.3%

18 February 2010

Adenclassifieds (ADEN:PAR), the France-based recruitment, training and property classified advertising web portal, has announced unaudited consolidated revenues for the year ended 31 December 2009.

Total annual revenues, which include six months of 'Indicateur Bertrand' (property portal) revenues, were down by -9.6% from 59 million Euro in 2008 to 53.4 million Euro in 2009. Without Indicateur Bertrand total revenues were down by -19.3%.

Revenues from staffing activities (66% of business) were down by -24.3% from 46.2 million Euro in 2008 to 34.9 million Euro in 2009. Revenues from training activities (7% of business) were up by 27.2% from 3 million Euro in 2008 to 3.9 million Euro in 2009.

Q4 2009 revenues from staffing activities were down by -26.2% to 8.3 million Euro from 11.2 million Euro in Q4 2008.

Q4 2009 revenues from training activities were down by -1.6% to 870,000 Euro from 884,000 Euro in Q4 2008.
Adenclassifieds is 74.5% owned by Groupe Figaro. The company operates seven Websites and search engines for employment search, among which there are: Keljob.com and Cadremploi.fr, and two Websites for training search: kelformation.com in France and seminus.de in Germany.

In addition, the company's offer includes five Websites for property notices, explorimmo.com and explorimmoneuf.com, openmedia.com, pro-a-part.com and immovision.com.

In early trading Adenclassified's shares were unchanged at 19.87 Euro.



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