AI assistant
SLEEPZ AG — Earnings Release 2009
May 19, 2009
5817_rns_2009-05-19_42e4bf6c-021e-4646-a2e8-822a3ba2191d.html
Earnings Release
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 19 May 2009 16:00
bmp AG: negative results for the first quarter of 2009 in line with expectations
bmp AG / Quarter 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.
bmp AG: negative results for the first quarter of 2009 in line with
expectations
Berlin, 19 May 2009
The private equity asset manager bmp AG (ISIN DE0003304200) today released
its figures for the first quarter of 2009.
As no sales of investments were concluded, no revenue was generated in the
first quarter of 2009 (previous year: EUR 0.04 million).
Furthermore, with EUR 0.2 million marginal income from revaluations was
posted (previous year: around EUR 2.6 million) and earnings were
significantly impacted by losses in the value of listed investments. The
Company thus closed the first quarter with a consolidated net loss of EUR
-1.2 million (previous year: consolidated net profit of EUR 1.1 million).
As at 31 March 2009, marketable securities and cash and cash equivalents
amounted to EUR 6.9 million (previous year: EUR 11.0 million).
In the period ended 31 March 2009, Assets under Management (AUM) in the
Direct Investments and Private Equity Advisory business segments increased
slightly from EUR 68.2 million to EUR 71.4 million, representing a rise of
5% compared to the first quarter of 2008.
Owing to the uncertainty on the market, it is currently not possible to
foresee whether companies in the investment portfolio can be sold under
suitable and profitable terms in 2009. For this reason, at present it is
not possible to assess whether bmp will generate positive earnings in 2009.
The quarterly report will be published at www.bmp.com on 29 May 2009.
Information and Explaination of the Issuer to this News:
For further information:
Corinna Riewe
Investor Relations
[email protected]
Phone: +49-30-20 30 5 567
Fax: +49-30-20 30 5 555
bmp AG, Schlüterstraße 38, D-10629 Berlin
http://www.bmp.com
International securities identification number (ISIN): DE0003304200
This ad hoc report represents neither an offer nor a request for an offer
for the purchase of securities to be submitted - especially not in the USA
and not in countries or jurisdictions in which an offer, a request for an
offer for the purchase of securities to be submitted or the sale of
securities would not be permitted under the prevailing Securities Law
without prior registration or listing.
This ad hoc report represents neither an offer for the sale of shares made
out to the bearer nor a request for an offer for the purchase of shares to
be submitted. It is for information purposes only.
19.05.2009 Financial News transmitted by DGAP
Language: English
Issuer: bmp AG
Schlüterstraße 38
10629 Berlin
Deutschland
Phone: +49 (0)30 20 305-0
Fax: +49 (0)30 20 305-532
E-mail: [email protected]
Internet: www.bmp.com
ISIN: DE0003304200
WKN: 330420
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf; Foreign
Exchange(s) Warschau
End of News DGAP News-Service