MOOD AND MOTION AG
Neue Sentimental Film AG reaches sales target in Q3
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Neue Sentimental Film AG reaches sales target in Q3 / EBITDA of EUR 188 thousand
with only slight deficit / Turnaround within reach
Frankfurt am Main, November, 27, 2003 – Neue Sentimental Film AG has recorded a
significant improvement to its sales and earnings position during the third
quarter of the current fiscal year. Thanks to its excellent position on the
market, the company has benefited from the advertising market – which is now,
for the first time, no longer falling.
Neue Sentimental Film AG (NSF), a leading international media company for the
production of advertising films, corporate and brand communication, TV formats
and music videos published its figures for the third quarter of 2003 today.
Despite a continued difficult economic environment, the company is showing a
turnaround. Without considering one-off factors, such as structural changes,
Neue Sentimental Film AG recorded a nearly balanced EBITDA in the third quarter.
Taking into account one-off factors, Neue Sentimental Film AG’s EBITDA totals
EUR 188 thousand and only shows a slight deficit. During the first nine months
of the year, the group recorded sales of EUR 19.1 million in line with
forecasts, compared to EUR 18.6 million in the same period of 2002 (adjusted).
Neue Sentimental Film AG continues to be a growing unit in the media segment.
For example, the company was able to continue and expand its cooperation with
the TV stations ZDF and ORF. The subsidiary Group.IE realized spectacular film
projects for Mercedes-Benz, including for the company’s presence at the IAA. In
addition, the Austrian branch added content offerings to its range of services.
The company designed and realized the opening ceremony for the Wiener
Festwochen, and the overwhelming resonance meant that it has also already
secured the order for next year. Order intake for the current quarter continue
to be pleasing. It can be seen that the fourth quarter bring the highest sales
of the year for the Neue Sentimental Film group. This means that company will
reach the goals it has set itself for Q4 2003.
Neue Sentimental Film AG’s nine-month report will be available on the Internet
from November 27, 2003. Contact: Klaus Niemeyer, CFO, Neue Sentimental Film AG,
Tel.,: +49(0)69/943314-41, mailto:klaus.niemeyer@nsf.de
end of ad-hoc-announcement (c)DGAP 27.11.2003
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WKN: 534 140; ISIN: DE0005341408; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart
270817 Nov 03
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