Medios AG

Earnings Release • Apr 26, 2010

News Details

Ad-hoc | 26 April 2010 18:58

MIM MONDO IGEL MEDIA AG: MIM AG Ends 2009 with Losses

MIM MONDO IGEL MEDIA AG / Final Results

26.04.2010 18:58

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---

According to the annual accounts prepared by the Board of Management, MIM
AG has finished the financial year 2009 with a loss of EUR -397 k (2008:
EUR 23 k).

The annual turnover was EUR 903 k (2008: EUR 1,875 k). Management
attributes
much of this to the global downturn in demand for programming. The EBITDA
dropped, but remained positive at EUR 264 k (2008: EUR 695 k), while EBIT
fell negative to EUR -386 k (2008: EUR 40 k).

If current negotiations prove fruitful, management expects much improved
results in 2010 with a small annual loss after depreciation and interest
payments.

26.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: MIM MONDO IGEL MEDIA AG
Palmaille 124 B
22767 Hamburg
Deutschland
Phone: +49 40 306896 -0
Fax: +49 40 306896 -68
E-mail: info@mim.ag
Internet: www.mim.ag
ISIN: DE000A0BVUP8
WKN: A0BVUP
Listed: Regulierter Markt in Hamburg; Freiverkehr in Berlin,
Düsseldorf, München, Stuttgart; Open Market in Frankfurt

End of News DGAP News-Service

---