eJay AG
Ad hoc-Service: eJay AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Three-Month Report of eJay AG:
– Turnover increases to 1.9 million EUR (plus 36%)
– EBIT equals -0.9 million EUR as planned
– Bundling of activities in the B2B segment pushed
forward even more
Stuttgart, 15 May 2001 – The Stuttgart-based company of eJay AG, worldwide pro-
vider of music entertainment solutions, increased its turnover in the first
quarter by 36 % to 1.9 million EUR (in the same period in the previous year: 1.4
million EUR). The turnover share of the budgeted total volume for 2001 is at
the same level as in the previous year and amounts to 11 %.
As planned, the EBIT equals -0.9 million EUR (first quarter of 2000: -0.2
million EUR). It results mostly due to seasonal fluctuations in business
operations as well as future investments in the different operating areas and
the necessary expansion of personnel coverage. In the process the structures for
future growth – particularly in the following quarters – were created. The
company expects a further increase in earnings for the full year 2001.
The OEM business, music streaming services and mobile applications divisions,
which form part of the business-to-business operating area, will be successively
expanded and should increase their shares in the overall turnover. The company
assumes that the B2B segment will contribute approximately 40 % to the annual
turnover. Accordingly, approximately 60 % will be accounted for by the business
to consumer environment, which includes the main performer, music software.
More detailed information on the first quarter of 2001 can be found in the
quarterly report, published today. This is available for download at
http://www.eJay-AG.com.
Further information:
Bernhard Krauss, Investor Relations Manager, Rotebuehlstraße 87, 70178 Stuttgart
Phone: +49-711-62031-152, Fax: +49-711-62031-001,
E-Mail: Bernhard.Krauss@eJay.com
end of ad hoc announcement (c) DGAP 15.05.2001
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WKN: 549 570; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
150752 Mai 01
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