getgoods.de AG Completes Capital Increase; Confirms FY 2012 Forecast

getgoods.de AG announced that it has completed its rights issue capital increase. Within this capital-related measure, a total of 4,040,427 new shares were subscribed by investors. The Company's share capital has thus increased by EUR 4.0 million to EUR 18.0 million. The subscription price amounted to EUR 2.90 per share. The Company will therefore receive a total of approximately EUR 11.7 million. The new shares enjoy dividend entitlement from January 1, 2012. Moreover, the Company’s Management Board has confirmed its fiscal year 2012 forecast to generate consolidated sales of at least EUR 400 million and an EBIT margin of approximately 2.5%. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012 revenue of EUR 416.99 million.