euro adhoc: e-m-s new media AG
Quarterly or Semiannual Financial Statements
e-m-s new media AG surpasses the total last years turnover within the first six months (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
e-m-s new media AG (WKN 521280 / ISIN DE000521280) realized sales revenues in its core business field home entertainment (sale of DVDs and VHS-cassettes) of more than 7.1 million EURO (30.06.2002: 3.97 million EURO) during the first six months of the current financial year, so that the total revenues of 2002 (7.07 million EURO) in this field could already be exceeded within the first six months of 2003. Thus, the positive trend of the first quarter of 2003 continues unabatedly.
The trend of earnings develops very satisfying as well. A positive surplus for the quarter from operating activities is expected also for the second quarter. In the first quarter of 2003 the groups surplus amounted to 0.633 million EURO. 2.63 million resulting from reversing accruals will be added in the second quarter as extraordinary profits. As already announced this other operational income could be realized as a settlement with Baader Wertpapierhandelsbank AG regarding the obligation to purchase shares in Advanced Medien was reached.
For the whole financial year 2003, the Management expects a continuously positive development.
The complete half-yearly report can be downloaded from www.ems-newmedia.com from August onwards.
end of announcement euro adhoc 01.07.2003
Further inquiry note:
Sonja Norden Tel.: +49 (0) 231 9455 333 E-Mail: s.norden@ems-newmedia.com
Branche: Media
ISIN: DE0005212807
WKN: 521280
Index: CDAX, Classic All Share, Prime All Share, Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade