FINANCIAL PRESS RELEASE
HOME    FINANCIAL PR
GROWTH OF SALES AND PROFITS INTERNATIONAL DEVELOPMENT, ON B TO C & MOBILE SERVICES
CONSOLIDATED ACCOUNTS FOR FY 2004

On March 21, 2004, the Board of Directors of Jet Multimedia, under the presidency of Manuel Cruz, closed accounts for fiscal year 2004, which was submitted March 22, 2004, to the Supervisory Board chaired by Eric Peyre :

Millions d'euros 2004 2003 2002
Sales 144,2 120,0 108,5
Operating Profit 6,0 4,9 -3,5
Current profit 7,0 6,2 -1,2
Net profit before goodwill amortization (group interests) 8,3 7,5 1,8
Net profit (group interests) 6,1 5,8 0,1

Consolidated sales for 2004 reached Euro 144.2 million, a 20.2% growth compared to the previous year, with 3.2% organic growth.

Current profit has been improved from Euro 6.2 million in 2003 to Euro 7.0 million in 2004. This allows the group to post a positive net income of Euro 8.3 million, after taking in account the product of deferred taxes and before goodwill amortization.

Activity Segmentation :

Millions d'euros Multimedia Hosting & Delivery Platform Advertising & Communication Total
2004 Sales 124,3 19,9 144,2
2003 Sales 104,3 15,7 120,0
2002 Sales 93,9 14,6 108,5
2004 Current Profit 4,4 2,6 7,0
2003 Current Profit 4,8 1,4 6,2
2002 Current Profit -3,3 2,1 -1,2

The growth of Jet Multimédia comes from the progression of its two divisions :

  • The Multimedia Hosting & Delivery Platform division rose 19% to Euro 124.3 million and makes 86% of the group sales. One notes a growth of the Internet E-business hosting and electronic payment services to Euro 37.9 million, an explosion of Mobile services activity which rises to Euro 11.2 million, an evolution of the products-mix of the Interactive telephony services business, whose sales reached E 60,1 million, and a decrease of the Minitel activity to Euro 7.9 million. This divison accounts for Euro 4.4 million to the group current profit.

  • The Advertising & Communication division achieved a 27% growth to Euro 19.9 million, making 14% 86% of the group sales, and contributing to Euro 2.6 million to the group current profit.

PERSPECTIVES

With the acquisition of Mediaplazza in 2004 and Mediafusion at the beginning of 2005, Jet Multimedia becomes the European leader for interactive online services and improves its positioning on the mass market and mobile services.
On the basis of this new perimeter integrating the activity of Médiafusion, the group represented in 2004 approximately Euro 200 million sales. Established in France, Spain, Italy, Canada and Morocco, the group sells mobile contents in nearly 50 countries out of the 5 continents. In 2005, non-French operations should represent approximately one half of the sales.
In addition, Jet Multimedia, which has an important treasury after the acquisition of Mediafusion, has the means of financing its internal growth and of carrying out new operations of external growth.

JET MULTIMÉDIA - www.jetmultimedia.com – The Online Value
Jet Multimédia is the European leader for interactive online services

For the mass market, Jet Multimedia creates, aggregates, delivers and promotes of contents and mobile WAP, I-mode, SMS and MMS services, Internet web sites as well as audiotex services. Established in France, Spain, Italy, Canada and Morocco, Jet Multimedia markets mobile content (ringtones, logos, videos, Java games) in more than 45 countries worldwide. Jet Multimedia is also partner of the biggest French, Spanish and Italian TVs and radios for their interactive services.
For large companies, administrations and organizations setting up strategic online services (E-business, multi-channel client relationship management, online administration...) Jet Multimedia provides value added hosting services for Internet (web site hosting, IP security platform management, e-mail outsourcing…) advanced telephony services (virtual call-centers, multi-channel contact centers, alerting platforms...) as well as marketing services using mobiles (SMS push) and fax.
Founded in 1989, Jet Multimedia is listed on Euronext Paris since 1996 (ISIN FR0000053456, Code JET, Reuters JTLG.PA, Bloomberg JET:FP), employs more than 550 people and achieved around E 200 million consolidated revenues in 2004.


 Pierre COL - Investor Relations
E-mail : pcol@jetmultimedia.com Tel : (33) 478 171 634

 Return to list
LEGAL INFORMATIONS   |   CAREERS