euro adhoc: Neue Sentimental Film AG
quarterly or semiannual financial
statement
Neue Sentimental Film AG records positive operating result for first
nine months - for the first time since IPO
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
27.11.2006
Frankfurt/Main, Nov. 27, 2006 - Neue Sentimental Film AG (ISIN: DE0005341408), a leading, international media company for the production of advertising films and TV formats, continued the positive trend set in the first quarters of 2006. With revenues totaling EUR 5.7 million, the company recorded slightly positive EBIT totaling EUR 2.6 thousand. EBIT was thus up substantially compared to Q3 2005 by EUR 0.55 million (101%) to EUR 0.003 million.
Earnings for the period in the third quarter of 2006 totaled EUR -0.16 million, and were thus up by EUR 0.3 million (65%) compared to Q3 2005. This means that, for the first time, EBIT is positive at the end of the first nine months at EUR 0.03 million.
Revenues in the first nine months were up to EUR 23.9 million compared to EUR 23.8 million last year. After adjustment for discontinued operations, however, there is a substantial 15% increase compared to the previous year's figure of EUR 20.9 million.
Results for the period for the first nine months total EUR -0.39 million and are thus up by EUR 0.7 million (65%) compared to September 30, 2005. This includes the non-cash reversal of deferred tax assets resulting from the positive earnings at individual subsidiaries as well as losses from deconsolidation.
The company believes that it is right on track to fulfill its own positive forecasts. The 9-month report will be available during the course of the day at www.neuesentimentalfilm.com.
end of announcement euro adhoc 27.11.2006 09:12:18
Further inquiry note:
Thomas Schwinger-Caspari
Member of the Managing Board
Neue Sentimental Film AG
Tel: 069 - 94 33 14 0
Fax: 069 - 49 70 30 3
Branche: Cinema
ISIN: DE0005341408
WKN: 534 140
Index: CDAX, Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade