Tradedoubler Q1 Revenue up 30% on last year

[Matthew Wood]

Tradedoubler announced today a 30% increase on Q1 revenues to SEK 521.1m (£38.6m) for Q1 compared to SEK 400.5m (£30m) for the same period in 2006.

Tradedoubler attributes this growth to the continued recruitment of high quality advertisers and publishers’ throughout the first quarter as well as an increase in the number of transactions across its European networks.

Newly appointed CEO, William Cooper comments “We are delighted with the results for the first quarter of 2007. All geographic markets have shown an increase in revenues compared to the corresponding period of last year as the industry has continued to evolve with advertisers allocating larger portions of their advertising budgets online."

[Frostie]

Good news for TD but also good publicity for the industry as a whole. Its also nice to see that they "attribute the growth to the continued recruitment of high quality advertisers..." and don't simply put their results down to their own hard work.

Well done TD... just need to teach ASOS on positive communication skills

[steveallinson]

Well done TD. Perhaps you could now invest some of that extra reveue in a better support system and just maybe resolve some of those untracked sales

[MarkCo]

Yes, great news for the industry as a whole.

Would be interesting to see how other networks are performing. 30% in 3 months is large growth.

[Barry]

Its good to see the 8.6m more I earned this year is making an impact on the growth of TD

[drivetowin]

Impressive results indeed

Well done to all of the guys and gals at TD