Et netera Continues to Grow and Reached Revenue of 120 Million Koruna in FY 2010/11

Revenue of CZK 120 million represents year-on-year growth of 12% (CZK 107.1 million in 2009/10). This past year was characterized by the acquisition of První multimediální (see: Press Release – První multimediální Acquisition), which allowed Et netera to strengthen is creative prowess, multimedia application development, marketing campaigns, social networking, and online media purchasing capabilities. The acquisition took place smoothly and quickly and was seen as positive by clients of both companies.

“So far, it seems that our first acquisition was 100% successful. However, only this year’s results will prove whether 1 + 1 can equal 3,” said Martin Černohorský, Et netera a.s. managing director.

As has become tradition, Et netera received several important awards last year. First and foremost among them were the Internet Effectiveness Awards, where the company took home the main Grand Prix award, four first, three second, and one third place in a total of six categories (see: Press Release – IEA). In the Prague Company of the Year Awards, Et netera won the “Responsible Company of the Year” award and finished second in the main contest (see: Press Release – Company of the Year). Finally, the company finished third in the Employer of the Year Awards where in 2011, Et netera became the first company to repeat a top-three finish two years in a row (see: Press Release – Employer of the Year).

For this year, Et netera plans to increase revenue to about CZK 150 million.