EMPRISE Aktiengesellschaft
EMPRISE Aktiengesellschaft: EMPRISE: Positive EBITDA and EBIT for the first nine months of 2008
EMPRISE Aktiengesellschaft / Quarter Results Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Ad hoc release EMPRISE: Positive EBITDA and EBIT for the first nine months of 2008 Hamburg, November 14, 2008. EMPRISE AG [ISIN: DE0005710503] today announced that it has recorded EBITDA of EUR 2.4 million (previous year: EUR -0.3 million) and EBIT of EUR 1.9 million (previous year: EUR -0.7 million) in the first nine months of 2008. An impairment loss of approx. EUR 2.2 million was taken on the 31% stake in the Pixelpark subsidiary ONLINE Systemhaus ES+C GmbH, which resulted in a consolidated loss of EUR -1.2 million(previous year: EUR -1.6 million). The company's revenue in the first nine months of 2008 decreased to EUR 8.9 million (previous year: EUR 17.6 million). As of September 30, 2008, EMPRISE had cash and cash equivalents of EUR 0.2 million (December 31, 2007: EUR 0.4 million). The recovery of the Group's operating business is supported by negotiations with stakeholders and investors aimed at achieving a sustainable stabilization of EMPRISE. If the Group's operating business does not develop as planned and if the negotiations with its stakeholders and investors are not successful, the Group's liquidity could be insufficient to secure its existence as a going concern. --- End of the ad-hoc release --- --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: The quarterly financial report will be available for download from the company's website at www.emprise.de from November 14, 2008. Financial information: Maren Wolff, EMPRISE AG, Tel.: +49.40.27072-133, Fax: +49.40.27072-139, e-mail: ir@emprise.de Press information: Grit Pauli, HOSCHKE & CONSORTEN Public Relations GmbH, Tel.: +49.40.369050- 31, Fax: +49.40.369050-10, e-mail: g.pauli@hoschke.de 14.11.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: EMPRISE Aktiengesellschaft Humboldtstr. 62 22083 Hamburg Deutschland Phone: +49 (0)40 27072-134 Fax: +49 (0)40 27072-139 E-mail: ir@emprise.de Internet: www.emprise.de ISIN: DE0005710503 WKN: 571050 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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