Deutsche Entertainment AG

  • WKN: A0Z23G
  • ISIN: DE000A0Z23G6
  • Land: Germany

Nachricht vom 27.08.2009 | 08:35

DEAG Deutsche Entertainment Aktiengesellschaft:DEAG grows profitably during the first half-year 2009 and anticipates a strong second half-year


DEAG Deutsche Entertainment Aktiengesellschaft / Half Year Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
----------------------------------------------------------------------

DEAG grows profitably during the first half-year 2009 and anticipates a
strong second half-year

 Sales revenues increase to EUR 57.0 million
 Earnings per share of EUR 0.04 
 Well-filled concert pipeline for the second half-year 
 Outlook for the year confirmed

Berlin, August 27, 2009 - DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G)
continued its profitable growth course during the 1st half-year despite a
difficult market environment. Sales revenues in accordance with IFRS from
continuing business lines rose despite the seasonal concert distribution,
whose focus will this year be during the second half-year for DEAG, to EUR
57.0 million. During the same prior year period sales revenues from
continued operations amounted to EUR 51.1 million. Consequently, a 12
percent rise was achieved.

During the first half-year the EBITDA amounted to EUR 3.1 million after EUR
3.9 million during the same prior year period. In this connection expenses
for events and measures which will only have an impact on sales revenues
and the result during the second half-year 2009 have already been posted.
The EBIT totaled EUR 2.5 million after previously EUR 3.3 million, and the
earnings per share amounted as of June 30 on the basis of then still 24.8
million shares to EUR 0.04 after previously EUR 0.06. The equity ratio on
the Group level rose as of June 30, 2009 to 31.7 percent after 29.3 percent
at the end of fiscal 2008. The positive impact of the successful disposal
of a 49 percent shareholding in DEAG Classics AG to Sony Music
Entertainment is not yet included in these numbers.

DEAG has contractually agreed many attractive concerts for the second
half-year 2009. In the German-speaking region the classical music focus
will be on Anna Netrebko and Bryn Terfel, Jonas Kaufmann, Jessye Norman and
Paul Potts as well as shows e.g. with Diana Krall and the last tour of
Riverdance - in Switzerland it will, amongst others, be on Coldplay,
Depeche Mode and the Backstreet Boys. The British subsidiary Raymond Gubbay
Ltd. alone has more than 200 shows and concerts in advance sales,
including, in addition to Classical Spectacular and Shall We Dance,
concerts with Bryn Terfel. DEAG Music will release albums and DVDs, amongst
others, by David Garrett and Jessye Norman, and the Jahrhunderthalle
Frankfurt is extremely well booked.

Because of the positive and scheduled development of the first half-year
2009 and the strong concert pipeline for the months to come, the Executive
Board fully confirms its forecast for the current year, despite the ongoing
uncertain business environment. Consequently, all performance ratios are
expected to exceed prior year numbers and be positive.

The complete half-year report can be called up on www.deag.de under
Investors in the course of today.


Contact:
Edicto GmbH
Axel Mülhaus
Im Gründchen 18a
D-61389 Schmitten
Tel: +49(0)6084/94 85 90
Fax: +49(0)6084/94 85 92 
Email: deag@edicto.de


27.08.2009  Financial News transmitted by DGAP
----------------------------------------------------------------------
 
Language:     English
Issuer:       DEAG Deutsche Entertainment Aktiengesellschaft
              Potsdamer Straße 58
              10785 Berlin
              Deutschland
Phone:        +49 (0)30 / 810 75-0
Fax:          +49 (0)30 / 810 75-519
E-mail:       info@deag.de
Internet:     www.deag.de
ISIN:         DE000A0Z23G6
WKN:          A0Z23G
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, München, Düsseldorf, Stuttgart, Hamburg
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------

Event im Fokus

Workshops für Anleiheemittenten

Teilnahme für Kapital suchende Unternehmen kostenlos!

07.03. in Düsseldorf, 08.03. in Stuttgart,
19.06. in München, 19.09. in Frankfurt

GBC-Fokusbox

GBC- Vorstandsinterview: EquityStory AG

Die Aktie der EquityStory AG ist nach unserer Einschätzung klar unterbewertet und stellt für uns somit eine gute Kaufgelegenheit dar. Das Kursziel haben wir mit 32,50 EUR veranschlagt. Ausgehend vom aktuellen Kursniveau errechnet sich ein Kurspotenzial von über 40 Prozent.

Interview im Fokus

DATAGROUP AG: Übernahme mit viel Potenzial

Mit der Übernahme der Consinto GmbH, eines mittelständischen IT-Beratungshauses mit SAP-Kompetenz, ist der DATAGROUP AG ein weiterer entscheidender Schritt auf dem Weg zum Full-Services-IT-Dienstleister gelungen. CEO Max H.-H. Schaber spricht im Interview mit financial.de von einem „exzellenten“ Wertsteigerungspotenzial für die Aktionäre.

Aktuelle Research-Studie

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG

Research Update von GBC AG, Rating: KAUFEN

09. Februar 2012