Guava A/S - Announces Interim Accounts for the period 1 July 2009 to 30 June 2010


Guava A/S' Interim Report for the financial period from 01 July - 30 June 2010
(financial accounts for 12 months) shows a loss in the amount of DKK -4.6
million before interest, taxes, depreciation and amortisation (EBITDA) compared
to a loss in the amount of DKK -20.6 million for the same financial period the
preceding year. As previously announced, Guava has rescheduled their financial
year and the rescheduling period runs from 01 July - 31 December 2010 (18
months). This Report is therefore a Quarterly Interim Report. 

During the latest 12 months, we have increased our business activities with our
current customers and have achieved new international customers for the Guava
Group even if not all these initiatives have yet resulted in revenues. At the
same time, we have placed great focus on the profitability of Sales, which has
resulted in an increase in both the Company's gross profit and gross margin.
The gross profit for the period 01 July - 30 June 2010 has increased to DKK
45.8 million compared to DKK 35.0 million for the same period the preceding
year. The gross margin for the period 01 July - 30 June 2010 has increased to
32% compared to 20% for the same period the preceding year. 

The CEO of the Company, Nils Carlsson, comments: 

”A much improved business compared with 12 months ago and a gross margin
improvement from 20% to 32%. This is very satisfying. 

Guava has several business units located in Sweden, Denmark and the UK. Guava
Sweden is delivering stable positive results and has been doing so the last 12
months. Guava Sweden has opened a new big modern office in the city centre of
Stockholm to be able to serve all new clients in the Stockholm area and to be
able to continue the growth and hiring new employees. 

We can see much improved results in our Guava UK Business and the business is
generating positive cash flows and the market is improving fast. The UK market
is expecting to grow further and our business as well. 

Guava Online Marketing A/S in Denmark has now made a turnaround going from a
negative EBITDA of 9.3 MDKK for the period 01 July 2008 to 30 June 2009 to a
positive EBITDA result the last 12 months. 

In summary; it is a much improved business that is now generating cash in the
operation. The affiliate business in Guava Group has been restructured with a
new sales strategy and a new competitive affiliate platform with outstanding
market features. We expect to see the result of this restructuring in the
period to come. 

Guava is now also supporting clients from NetBooster's UK Company, which were
acquired before summer. Those clients are now generating cash to Guava Group.
Our client base is still growing and we are getting more international clients.
This means that we are looking into the future with more optimism than we have
for a long time”. 


The entire financial report is enclosed in a PDF-document. 


With kind regards 
Guava A/S 


Nils Carlsson		           Pascal Chevalier 
Group Chief Executive Officer      Chairman 



Further information can be obtained by contacting the following persons:

Guava A/S                          Horwath Revisorerne (Certified Adviser) 
Amaliegade 3-5                     Strandvejen 58
DK-1256 København K                DK-2900 Hellerup 

Nils Carlsson                      Søren Jonassen / Thomas Viscovich
GroupChief Executive Officer       State Authorised Public Accountant  

Tlf.: +46 766447700                Tlf.: 39 29 25 00
Mail: ir@guava.com                 Mail: s.jonassen@revisor.com 
                                         t.viscovich@revisor.com

Attachments

guava_regnskabsmeddelelse_31aug2010_ukfinal.pdf