BVB-share: Bankhaus Lampe recommends again 'Hold'

Borussia Dortmund GmbH & Co. KGaA / Research Update

05.03.2010 17:14

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The Bankhaus Lampe KG, Düsseldorf, has published a research update dated
March 5th, 2010, and has issued again an 'Hold' recommendation.

The recently published semi-annual report H1 2009/2010 demonstrated that a
slump of profit due to the financial crisis failed to appear. Moreover, it
seems that a negative momentum regarding the each and single revenues can
not be expected in the second half of the fiscal year 2009/2010.
Nevertheless and due to the promising placement in the Bundesliga there are
upside potentials in the field of TV-Rights distribution, transfer revenues
in the summer off-season and last but not least given to a possible
qualification for an international UEFA competition.

For further information please see the column 'capital markets view' under
www.borussia-aktie.de.

Dortmund, March 5th, 2010

Borussia Dortmund GmbH & Co. KGaA
Borussia Dortmund Geschäftsführungs-GmbH


05.03.2010 Ad hoc announcement, Financial News and Media Release
distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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