Elephant Seven AG
Digital Advertising AG english
digital advertising AG: Nine Month Figures for 2001/02 Are In
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
digital advertising AG: Nine Month Figures for 2001/02 Are In
Unterhaching, February 19, 2002. During the third quarter of fiscal year 2001/02
ending on March 31 according to US GAAP, digital advertising AG concluded its
restructuring campaign. Net of extraordinary expenses in the amount of EUR
2,379k, third quarter earnings before interest and taxes came to EUR negative
1,298k (previous year: EUR negative 1,346k).
In the first nine months, digital advertising AG increased sales revenue by
approximately six percent to EUR 8,682k (previous year: EUR 8,208k). With third
quarter sales revenue amounting to EUR 2,373k (previous year: EUR 3,107k),
customers’ continued reluctance to invest had a significant impact on third
quarter performance. EBITDA came to EUR negative 5,688k in the first three
quarters (previous year: EUR negative 1,871k), while net loss amounted to EUR
negative 7,052k for the period (previous year: EUR negative 1,840k). Cash and
cash equivalents increased from EUR 7,755k at the end of September 2001 to EUR
7,932k at the end of December 2001.
The d
Latest News
Latest Reports
Upcoming Events
No Events found
Webcasts
No Webcasts found