SPORTTOTAL AG
_wige MEDIA AG affirms forecast for 2016 at the end of the first quarter
DGAP-News: _wige MEDIA AG / Key word(s): Quarterly / Interim Statement _wige MEDIA AG affirms forecast for 2016 at the end of the first quarter – Targeted revenue growth of more than 10% to EUR 70 million – Increase in EBITDA to at least EUR 4 million anticipated (+90.4%) – Net profit to reach EUR 1 million at minimum Cologne, 13 May 2016. Based on business developing as scheduled in the first quarter, the Management Board affirms the significant upward revision of the forecast released in February 2016 for the financial year 2016. Planning reliability is ensured by the major contract for an infrastructure project anticipated in the third quarter of 2016 at the latest and the contract renewals already agreed with all key customers. The Management Board therefore forecasts revenues of at least EUR 70 million (+ 10.6%) and EBITDA of EUR 4 million at minimum (+ 90.4%), signifying that _wige is set to almost double its operating result compared with 2015. Net profit is expected to reach at least EUR 1 million. Revenues at EUR 10.3 million in the seasonally-induced weakest first quarter Result in the first quarter still negative in line with expectations – contract basis secured for 2016 About _wige MEDIA AG Contact: Company: _wige MEDIA AG Am Coloneum 2 50829 Köln Germany www.wige.de Tel: +49 [0] 221_7 88 77_ 0 Fax: +49 [0] 221_7 88 77_ 199 Email: info@wige.de Investor Relations: BSK Becker+Schreiner Kommunikation GmbH Tobias M. Weitzel Tel.: +49 [0] 2154_ 81 22 16 Email: weitzel@kommunikation-bsk.de
2016-05-13 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | _wige MEDIA AG | |
Am Coloneum 2 | ||
50829 Köln | ||
Germany | ||
Phone: | +49 (0)221 7 88 77 0 | |
Fax: | +49 (0)221 7 88 77 199 | |
E-mail: | info@wige.de | |
Internet: | www.wige.de | |
ISIN: | DE000A1EMG56 | |
WKN: | A1EMG5 | |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart | |
End of News | DGAP News Service |