Press Release

Paris, 16 October 2014

Turnover held up well in the third quarter
The fourth quarter will be impacted by Panda 4.1

Actions taken beginning to show results

In line with our targets, activity in the third quarter improved with turnover down by only 4% to €9.3m (vs. €9.7m in Q3 2013).

This improvement is due to the traffic diversification policy and mobile investments as well as the launch of redesigned websites.

A more detailed analysis of activity revels that, despite the solid performance of LeGuide.com in France (+9% in the third quarter), the group recorded a persistent decline in Ciao. The redesign of the website, which will be rolled out in the fourth quarter of 2014, should begin showing results in 2015.

For the first nine months, turnover therefore amounted to €30.6m, a 10.2% decline compared to the same period last year.

Outlook: momentum halted by Google's Panda 4.1

With Google's last release of Panda 4.1 on 26 September, the group's visibility was greatly reduced. The new Google algorithm will slow down performance in the fourth quarter.

Nonetheless, the group welcomed the European Commission's rejection of Google's third round of proposals in September, taking into consideration the extent of competition issues sustained by those propositions. Although the group supports the call for new concessions to limit the abuse of a dominant position, it hopes that the process-which has now been underway for nearly four years-is accelerated to help competitors develop in a fairer business climate.

In operational terms, the LeGuide group continued its development and announced a major new partnership with the group Le Figaro (Le Figaro.fr 9 million unique visitors per month - source: Médiamétrie June 2014).

Mobile: new growth source largely developed

LeGuide is also successfully pursuing its mobile deployment. After launching a mobile version of webmarchand in June, which led to 20% increase in performances for conversion rates, the mobile version of choozen is going online this week.

September is the third consecutive month in which LeGuide.com surpassed a million clicks on its mobile site, up by 60% compared to the same period last year. The group has therefore taken a confident turn in the mobile environment by adapting to consumers as their usage habits evolve.

Olivier Sichel, Chairman & CEO of LeGuide Group, said: "LeGuide.com offers solid resistance and continues to develop, with new partnerships and an ever-expanding mobile presence. In a competitive environment that has changed dramatically with the arrival of Panda 4.1, we still remain very attentive to ongoing discussions between the European Commission and Google to restore a balanced competitive environment."

Next publication: 2014 turnover on 22nd January 2015 after closing.

About LeGuide group, the European shopping guides leader

The LeGuide group, provider of shopping guides, price comparison sites, shopping search engines and internet review platforms, is number one in Europe. The group has a 150 strong workforce and operates in 14 European countries, delivering its multi-site strategy out of several subsidiaries including LeGuide.com, blacklist.me, Ciao, dooyoo.com, webmarchand.com and choozen.com. The group, which lists 180 million offers, turned over €45.6 M in 2013. The LeGuide.com group has been awarded 'Innovative enterprise' status by the French innovation agency OSEO and is listed on NYSE Euronext Paris's Alternext (tag ALGUI, ISIN code FR0010146092).

LeGuide Group
Olivia Fuchs
+33 (0)1 75 44 56 34
finance@LeGuide.com

 
actifin

Christophe de Lylle / Emma Barféty
+33 (0)1 56 88 11 27
cdelylle@actifin.fr:
mailto:cdelylle@actifin.fr / ebarfety@actifin.fr

Pour plus d'information: www.leguidegroup.com:
http://www.leguidegroup.com/

Q3_2014_LGGROUP:
http://hugin.info/151397/R/1864473/654391.pdf



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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: LeGuide.com Group via Globenewswire

HUG#1864473