Sunburst Merchandising AG i.L.
Ad hoc-Service: Sunburst Merchandising Q2/e
Ad-hoc Mitteilung übermittelt durch die DGAP.
Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich.
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Sunburst Merchandising AG
Half year sales revenues increase by
more than tenfold to DM 64.3 million
EBIT rises to DM 4.1 million after DM
0.8 million for the complete previous
year
Earnings per share set to increase for
the whole year
Sunburst Merchandising AG reports a
tenfold increase in sales revenues to
DM 64.3 million for the first half of
2000, following DM 5.7 million for the
previous year. Sunburst was thus able
to already meet considerably more than
50% of the forecasted annual result –
although the fourth quarter,
traditionally with particularly strong
sales, is yet to come.
The turnover figure includes
approximately DM 20 million from the
European Soccer Championships. The
complete turnover from this event will
be invoiced and make its contribution
to results after the third quarter.
Despite the less than favorable
sporting results for Germany, the event
marks the largest European event in the
company’s history and will allow
Sunburst to attain a projected DM 33
million. This certainly sets an
international milestone that will allow
further transactions of a similar
dimension in the future.
Earnings figures for Sunburst
Merchandising AG have also developed in
an equally positive manner; for the
first six months, EBIT rose to DM 4.1
million, after DM 0.1 million for the
same time period in the previous year.
The result from ordinary activities
also increased from DM 0.1 million to
DM 3.8 million.
The Managing Board anticipates that
forecasted sales targets for the
current year will definitely be
attained and that earnings per share
will exceed previous projections.
Ende der Mitteilung
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