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Tipp24 revenues climb 37% following international growth

6th May 2011 8:56 am GMT

Following a record year in 2010, Tipp24 SE has reported a 37 per cent increase in revenues to €34.3m for the first quarter of 2011 as a result of continued growth in markets outside of Germany, with the company expecting to generate more than €104m in revenues this year.

Tipp24 said that revenues from the outside of Germany climbed 38 per cent to €34.1m, with earnings before interest and tax (EBIT) rising 45 per cent year-on-year [...]

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