euro adhoc: MIM MONDO IGEL MEDIA AG
Financial Figures/Balance Sheet
MIM
Delivers Profitable Results, Decides to Change Market Segment
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Accounting and Audits/Segment Change
30.03.2007
The Supervisory Board of MIM MONDO IGEL MEDIA AG approved the audited annual results of 2006 as presented by the Board of Management today.
MIM increased its turnover to EUR 1.7 million (2005: 1.5 million), which contributed to pulling its Result of Ordinary Activities up to EUR 79 k (2005: EUR -352 k). EBITDA was also increased substantially, from EUR 536 k in 2005 to EUR 749 k in 2006. Net profit for the year fell slightly, but remained positive at EUR 79 k (2005: EUR 141 k).
The company saw the new stricter publication requirements on German regulated markets as a good opportunity for a decision: at the their meeting today, the Board of Management and Supervisory Board also mutually decided to change MIMs market segment from the Hamburg Start-Up Market to the Hamburg Regulated Market.
end of announcement euro adhoc 30.03.2007 17:13:54
Further inquiry note:
Jedidiah Harris
General Manager
Telefon: +49(0)40 306896 10
E-Mail: jharris@mim.ag
Branche: Media
ISIN: DE000A0BVUP8
WKN: A0BVUP
Börsen: Hamburger Wertpapierbörse / regulated dealing
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade