Earnings Release • Nov 12, 2007
Earnings Release
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 12 November 2007 08:00
Q3 2007: Business Media China proceeds strong growth
Business Media China AG / Preliminary Results
Release 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.
Ad hoc
Stuttgart, 12. November 2007
Q3 2007: Business Media China proceeds strong growth and exceeds breakeven
point
On the occasion of the 'Eigenkapitalforum' in Frankfurt, Business Media
China AG (WKN 525040) reports today preliminary quarterly results. In the
reporting period, sales reached EUR 8.1 million. This exceeds the turnover
generated in the first six month of the fiscal year, 9-month turnover
totalled to EUR 16.0 million. Further the company exceeded breakeven point
by achieving for the first time a slightly positive result in the quarter.
This development of positive profits and results is expected to increase
within the forthcoming quarters. The total revenue for fiscal 2007 is still
expected to reach between 26 and 28 million EUR. This despite the increase
of the EUR valuation (approx. +5%) versus the Chinese currency RMB since
the beginning of the year.
Beginning with the third quarter 2007, BMC will publish new detailed
quarterly results. This increased level of transparency should lead amongst
other things to the advancement of the company to the Prime Standard
Segment of the German Stock Exchange. The full quarterly report will be
available at www.businessmediachina.com on November 19th, 2007, after stock
market closing.
For more Information please contact:
Business Media China
Edwin van der Geest
Rotebühlstrasse 87
DE-70178 Stuttgart
[email protected]
+41 43 268 32 30
www.businessmediachina.com
Language: English
Issuer: Business Media China AG
Rotebühlstrasse 87
70178 Stuttgart
Deutschland
Phone: +49 (0)711 490 890 0
Fax: +49 (0)711 490 890 10
E-mail: [email protected]
Internet: www.businessmediachina.com
ISIN: DE0005250401
WKN: 525040
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Stuttgart, München, Hamburg,
Düsseldorf
End of News DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.