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Ad hoc: splendid medien AG: Splendid Medien Group 2008 Nine-Month Figures |
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splendid medien AG / Quarterly report / Ad hoc: Splendid Medien Group
2008 Nine-Month Figures
Ad hoc announcement according to §15 WpHG processed and transmitted
by Hugin. The issuer is solely responsible for the content of this
announcement.
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(Cologne, 28 November 2008) - In the first nine months of 2008,
Cologne-based Splendid Medien AG generated consolidated revenue of
EUR 24.1 million (previous year: EUR 19.7 million). Consolidated
earnings before interest, taxes, depreciation and amortisation
(EBITDA) were increased by EUR 6.2 million to EUR 6.9 million.
Consolidated earnings before interest and taxes (EBIT) came to EUR
1.2 million (previous year: EUR 1.2 million). Consolidated earnings
before taxes amounted to EUR 0.9 million (previous year: EUR 0.9
million). At EUR 0.5 million, consolidated net profit was above the
level of the previous year (EUR 0 million). Earnings per share
amounted to EUR 0.05 (previous year: EUR 0).
The most important business unit was the Home Entertainment segment,
which accounted for an 80% share of total revenue. Licensing
Operations were second in line, accounting for 11% of total revenue,
followed by the Post Production unit with its 9% share.
The cashflow from the Group's operating activities as at 30 September
2008 came to EUR 3.7 million (previous year: EUR 3.0 million).
On the reporting date (30 September 2008), the Company's equity had
expanded to EUR 14.5 million (31 December 2007: EUR 14.0 million).
The equity ratio came to 41.4% (31 December 2007: 41.6%).
Cash and cash equivalents amounted to EUR 6.5 million (31 December
2007: EUR 7.7 million).
In the first nine months of 2008, the Splendid Group invested EUR 5.5
million in its film assets (previous year: EUR 6.4 million). For the
full financial year 2008, the Splendid Group is planning investments
in its film assets of around EUR 8.5 million.
For the financial year 2008, the Managing Board expects revenue
amounting to some EUR 33 million and an EBIT of between EUR 1.8
million and EUR 2.3 million.
The 2008 nine-month report will be available for download from the
Company's homepage at www.splendidmedien.com from 28 November 2008.
More information is available from:
Splendid Medien AG
Karin Opgenoorth
Alsdorfer Str. 3
50933 Köln
Germany
Tel.: +49 (0) 221-95 42 32 99
Fax: +49 (0) 221-95 42 32 613
karin.opgenoorth@splendid-medien.com
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splendid medien AG
Alsdorfer Strasse 3 Köln Germany
WKN: 727950;
ISIN: DE0007279507; Index: CDAX, CLASSIC All Share, Prime All Share;
Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Prime
Standard in Frankfurter Wertpapierbörse; Copyright © Hugin AS 2008. All rights reserved.
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