Feeds

Lycos Europe ups revs, narrows losses

Whatever

  • alert
  • submit to reddit

Security for virtualized datacentres

Lycos Europe is on course to make a profit next year, the portal and internet group announced today.

Revenue for 2004 was up 22 per cent to €103.8m, buoyed by increased internet access revenues and increased cash from shopping and other 'paid for' services.

At the same time, pre-tax losses narrowed from €62.3m to €50.3m in 2004.

Said Lycos chief exec Christoph Mohn: "These figures verify that Lycos Europe is on the right course to reach its corporate objective 'profitability for the full year 2006'.

"The disproportionately large increase in revenues from Paid Services & Shopping as well as the disproportionately growing revenues from the Internet Access business in 2004 form a workable basis for a positive outlook for future years."

The company - which operates portals in Denmark, Germany, France and the UK, among others - is planning further cost cutting to hit its numbers. ®

Related stories

Lycos Europe buys Tiscali Sweden
Lycos goes straight
Lycos antispam site taken offline
Lycos screensaver to blitz spam servers

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.