PROCON MultiMedia AG
Procon Q1 posts revenue of EUR 25.8 million / EBITDA EUR 2.1 million
PROCON MultiMedia AG / Key word(s): Quarter Results 31.05.2011 / 20:42 Hamburg, 31 May 2011 - PROCON MultiMedia AG (ISIN: DE0005122006, Prime Standard), a world-leading full-service provider of technical equipment for events and film/television production, has posted revenue of EUR 25.8 million for the first quarter of 2011 compared to EUR 24.4 million one year ago. Gross profit declined from EUR 4.1 million to EUR 3.2 million. EBITDA for Q1 2011 came in at EUR 2.1 million versus EUR 4.0 million for Q1 last year. Earnings before taxes fell from 0.1 million for the quarter last year to EUR -1.6 million. Earnings per share amounted to EUR -0.05, versus EUR -0.01 one year ago. The first quarter's results are in line with estimates announced at the end of last year, that 2011 would be lower due to a dearth of major events in both European and international markets. If the core European markets recover however, this would positively impact the Group's business. In the first quarter of 2011 Procon managed the Echo Awards and numerous national and international exhibition stands, for example at the International Motor Show in Geneva, Switzerland. Press contact: PROCON MultiMedia AG Bredowstraße 34 22113 Hamburg Tel. (040) 670 886 0 Fax (040) 670 886 399 aktie@procon.com www.proconag.de End of Corporate News --------------------------------------------------------------------- 31.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: PROCON MultiMedia AG Bredowstr. 34 22113 Hamburg Deutschland Phone: 040/670 886-0 Fax: 040/670 61 59 E-mail: info@procon-online.de Internet: www.procon-online.de ISIN: DE0005122006 WKN: 512200 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 127075 31.05.2011
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