Readcrest Capital AG

Earnings Release • Nov 23, 2001

News Details

Ad-hoc | 23 November 2001 20:20

Dino entertainment AG english

New turnover and results forecast prepared in accordance with the HGB Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– New turnover and results forecast prepared in accordance with the German Commercial Code (HGB) In the course of the switch to the Geregelter Markt planned for the 3rd December 2001, Dino entertainment AG will in future prepare its balance sheet in accordance with the German Commercial Code (HGB) once more. Consequently the turnover and results forecast for the whole of 2001 published today in the nine-monthly interim report dated 30.09.2001 has already been prepared in accordance with the regulations of the German Commercial Code HGB. As a result, Dino is expecting a loss from normal business activity before Financial result calculated in accordance with the German Commercial Code amounting to about DM 10 million on a turnover in the region of DM 60 million. At the date in question 30.09.2001, Dino had earned a sales revenue amounting to DM 47.22 million (Previous year: DM 50.89 million). The EBIT for Dino, worked out in accordance with US-GAAP and adjusted by the New Media activities, now shows a loss of DM 3.64 million following a loss of DM 13.15 million in the previous year. The result for the first nine months of the year has deteriorated from a loss of DM 3.95 million in the comparable period of the previous year down to a loss of DM 10.29 million now. This is the equivalent of a loss per share of DM 2.29 (previous year a loss of DM 0.90). The complete Nine-month Report will be available from 26th November 2001. Stuttgart, 23rd November 2001 The Executive Board Dino entertainmant AG Steffen Volkmer Presse- & PR / IR-Manager Rotebühlstrasse 87 70178 Stuttgart Tel.: ++49 711/ 94768-824 Fax: ++49 711/ 94768-830 e-mail: IR@DinoAG.de end of ad-hoc-announcement (c)DGAP 23.11.2001 ——————————————————————————– WKN: 525040; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 232020 Nov 01