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JoWooD Entertainment AG

EANS-Adhoc: JoWooD Entertainment AG presents the results of the first quarter of FY 2010

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
3-month report
31.05.2010
JoWooD Entertainment presents the first quarterly results of FY 2010.
in EUR 000s     2010      2009
Revenue        3.281     6.246
EBIT           (575)       834
Because of the decent amount of new releases in the first quarter of 
FY 2010, revenue is on a lower level compared to last year´s 
reference period.
As already set forth in the ad-hoc message of the annual results of 
FY 2009, the respective quarterly results of FY 2010 are subject to 
significant fluctuations because of the uneven allocation of new 
releases.
As planned, the low revenue of the first quarter of FY 2010 in 
connection with the performed investment program has led to an 
exposure of the company´s cash flow. It is mainly characterized by 
development expenditures for the game project "ArcaniA: Gothic 4". 
Approximately 70% of the investment volume of the first quarter 
account for this title.
From a current point of view, management assumes that the result- and
cash flow -debiting effects will - according to plan - turn around in
the upcoming quarters, and the previous year results will be 
outperformed.
end of announcement                               euro adhoc

Further inquiry note:

JoWooD Entertainment AG
Ing. Mag. Franz Rossler, Vorstand
Mag. Philipp Brock, Investor Relations
Tel.: +43 (0)1 37909
mailto:investor@jowood.com
http://corporate.jowood.com

Branche: Software
ISIN: AT0000747357
WKN: 935221
Index: WBI, ATX Prime, ViDX
Börsen: Berlin / free trade
Frankfurt / free trade
Stuttgart / free trade
München / free trade
Wien / official market

Plus de actualités: JoWooD Entertainment AG
Plus de actualités: JoWooD Entertainment AG