CINEMEDIA AG
Berliner Synchron AG with significantly positive results in the first half of 2014 and strong growth prospects.
Berliner Synchron AG / Key word(s): Preliminary Results/Half Year Results Berlin, 8 August 2014 – According to provisional figures, Berliner Synchron AG has completed the promised turnaround in the first half of 2014. With an increase in total operating revenue of 7.1 percent to EUR 4,426,000 (previous year EUR 4,132,000), all earnings figures have improved significantly. The results from ordinary activities more than doubled, amounting to EUR 156,000 (previous year: EUR 61,000), the surplus in the first half of the year rose by over EUR 201,000 to EUR 145,000 (previous year: EUR 56,000). As a result, positive earnings of EUR 0.09 per share have been generated for the first time in many years. The positive business development in the first half of the year is based on an overall good order situation within the synchronization industry. In particular, the proportion of accelerate- productions grew significantly and led to a slight increase in the quota of external services in the first half of 2014. This was 51 percent (previous year: 50 percent). Looking at the current order book, the Management Board is confident of achieving further growth during the second half of the year. In this respect, there is also the possibility that the forecast for the full year could yet be revised upwards. The Management Board expects a turnover of more than EUR 8,000,000 and a annual net profit of EUR 250,000 in 2014. Earnings per share would therefore amount to around EUR 0.15.
20 August 2014: Publication of half-year report [first half-year] 2014 About Berliner Synchron AG Berliner Synchron AG is the origin of dubbing services in Germany for the professional language adaptation and subtitling of international feature films and television productions, corporate media and multimedia content, as well as barrier-free localization solutions. As one of the leaders of the German dubbing industry with more than 60 full-time employees, the company has built up an excellent world-wide reputation over its 63 years and has a track record of more than 7,000 localized projects. With a passion for language and sound as well as respect for the creative invention of the original, this well-established company has been devoted to one purpose since its founding in 1949: To feel the original. For more information: www.berliner-synchron.de Contact: Berliner Synchron AG 08.08.2014 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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