Management Data Media Systems AG
Management Data AG english
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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(Hamburg, August, 31st) Compared with the 1st quarter of the previous year (DM
15 million) the turnover of Management Data Media Systems AG in the 2nd quarter
2001 climbed around DM 16.9 million to DM 31.9 million. This is an increase of
approximately 112%. Previously not yet balanced are outstanding credits of
approximately DM 2 million net. The result will change in accordingly. Compared
with the 2000 half year report (DM 15.8 million) the turnover increased by
around DM 16.1 million or 101%. Although the media systems house had a backlog
order volume of DM 34 million on beginning on June 2001, the value decreased to
DM 22 million at the end of that month due to the processing of projects and a
lower receipt of orders.
The EBITDA (earnings less expenses, before interest, tax, depreciation and
amortization) amounts to DM -11.9 million in the reported period. The deficit in
the 2nd quarter 2001 comes to DM – 5.28 million, in the 1st quarter 2001 to DM
– 5.18 million. In comparison with the 2000 half-year report, the deficit (DM –
10.44 million) remained almost the same.
By 30 June 2001 Management Data Media Systems AG consist of 258 employees. In
comparison with the 1st quarter (279) this already is a reduction of 21 persons.
The board of directors searches intensively for a strategic and finance inves-
tor for the Corp. after filing the appeal for insolvency on 17.07.2001.
Therefore various conversations with interested domestic and foreign parties are
led. In case, Management Data should not succeed to find a strategic and
finance investor within the legally permitted period, the Corp. will sell
profitable business parts in order to compensate its obligations.
The quarterly report is put down under www.mdata.de Area Investor Relation /
Download Center.
end of ad-hoc-announcement (c)DGAP 31.08.2001
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WKN: 662 130; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
311022 Aug 01
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