phenomedia AG
Phenomedia AG english
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Phenomedia results reflect positive business expectations
Phenomedia AG’s results for the first six months of 2001 underline the company’s
positive 1st Quarter results. Turnover grew to DEM 13,1 million, an increase of
140 percent compared to the previous quarter and an increase of 91 percent
compared to the same period of 2000. EBITDA and EBIT figures rose even higher
compared to last year, an increase of 122 percent and 220 percent respectively.
EBIT reached DEM 1.7 million during the first six months of the current business
year.
Specially the business segments Licensing and Services & Technologies account
for the very positive overall results. Phenomedia’s endeavors in the field of
mobile entertainment, spearheaded by recently founded subsidiary Mobile Scope
AG, indicate a very positive development as well. Despite the expectation to
generate significant revenues as from 2003, management considers this segment’s
development as “very positive”.
Phenomedia is very confident when anticipating third and fourth quarter’s
results, typically the quarters with highest turnovers in the industry. The DEM
16 million deal closed in August sustains Phenomedia’s positive attitude.
end of ad-hoc-announcement (c)DGAP 28.08.2001
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WKN: 541490; Index:
Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, München, Hannover und Stuttgart
280816 Aug 01
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