MOOD AND MOTION AG
Neue Sentimental Film english
Neue Sentimental Film AG right on target after Q1
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 right on target after Q1
Frankfurt am Main, May 27, 2003 – Neue Sentimental Film AG will publish its
figures for the first quarter of 2003 today. The Frankfurt-based company which
has been listed in Deutsche Börse AG’s Prime Standard since January 1, 2003 is
right on forecast with sales of EUR 9.23 million.
In the face of war and a mood of crisis, Neue Sentimental Film AG continued its
positive trend from the previous year into the first quarter of fiscal year 2003
and recorded sales totaling EUR 9.23 million (previous year: EUR 9.13 million).
This means that the international company, which produces advertising films, TV
formats and offers individual services for corporate and brand communication,
is right on forecast – in particular taking into consideration the fact that
three other companies were still consolidated in the first quarter of 2002. EBIT
totaled EUR -478 thousand and EBITDA totaled EUR -301 thousand (previous year:
EUR -1.83 million or EUR -1.52 million respectively). The continued uncertainty
on the market means that the company is only forecasting balanced earnings from
the second half of 2003. For the year as a whole, Neue Sentimental Film AG is
forecasting sales from existing units of around EUR 39 million and a move into
the black primarily for EBITDA which reach zero.
During the past fiscal year, the Frankfurt-based company recorded sales totaling
EUR 39 million despite the ongoing economic crisis – sales were thus up 13% on
the previous year despite the fact that three companies left the group and were
retroactively deconsolidated from the fourth quarter of 2002.
The individual branches were able to reach their forecast sales volume in the
first quarter of 2003. In addition to producing advertising spots for brands
including KIA, Wella, Knorr, Dr. Oetker, T-Mobile, Haake-Beck, De Beukelaer,
Nivea, Iglo, MediaMarkt, ONE and Gothaer Versicherung the company also produced
music videos for artists including Eros Ramazzotti. The Vienna office was able
to produce a further eight-part series for the cult “Sendung ohne Namen” show
for ORF and also expanded its content management mandate for the Wiener
Festwochen to include directing the opening ceremony.
Contact: Klaus Niemeyer, phone: +49(0)69/943314-0, e-mail: klaus.niemeyer@nsf.de
end of ad-hoc-announcement (c)DGAP 27.05.2003
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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
270805 Mai 03
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