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MarketScreener Homepage  >  Equities  >  Xetra  >  Axel Springer SE    SPR   DE0005501357

AXEL SPRINGER SE

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Axel Springer AG : Zanox expands to Brazil

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12/08/2011 | 05:54am EDT

08.12.11

Rodrigo Genoveze

, Europe's leading performance advertising network, is opening a branch office in Brazil and names former zanox Sales Director, Rodrigo Genoveze, as Country Manager. With Brazil, zanox is expanding its business activities to 13 branch offices around the world.

"The Brazilian market is the largest and, for zanox, the most attractive market in South America. Thanks to our experienced team and together with our existing customers, we will commence relevant business in Brazil immediately," explains zanox CEO, Philipp Justus.

Accordingly, at the outset of its business activity, zanox will be supporting renowned Brazilian and international e-commerce companies in boosting their online revenues, including Groupon, Be2, Dafiti, Rumbo and Kanui. Beginning immediately, the Portuguese-language website is online for advertisers, publishers and agencies under .

zanox has succeeded in gaining the online marketing expert, Rodrigo Genoveze (32), to run its Brazilian branch office in São Paulo. The native Brazilian's operative focus will be to build up new customer business with advertisers, publishers and agencies. Following his studies in Business Administration and International Relations in the USA, Genoveze gathered wide-ranging experience in Europe, where, among others, he worked for the leading online travel agent, Ebookers in Spain. In 2007, Genoveze switched to zanox where he was most recently responsible for new customer business in Spain as the Executive Sales Director.

"With Rodrigo Genoveze, we have an accomplished Manager on the spot, one who has learned the ropes of the performance business with zanox from the bottom up. Rodrigo is at home in the Brazilian market and also possesses far-reaching international experience and contacts in the online sector," says Christian Kleinsorge, Chief Sales Officer of zanox.

Press contact: Christian GarrelsTel: +49 30 2591 77651 christian.garrels@axelspringer.de
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Financials (€)
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EBIT 2019 511 M
Net income 2019 224 M
Debt 2019 893 M
Yield 2019 4,22%
P/E ratio 2019 20,24
P/E ratio 2020 20,58
EV / Sales 2019 1,97x
EV / Sales 2020 1,88x
Capitalization 5 567 M
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Mathias Döpfner Chief Executive Officer
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Stephanie Caspar President-Technology & Data
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