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SLEEPZ AG — Earnings Release 2008
Apr 20, 2009
5817_rns_2009-04-20_a2ab27dd-554c-4a64-ae49-c9233a4b3942.html
Earnings Release
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Ad-hoc | 20 April 2009 12:00
bmp AG: bmp ends business year 2008 with profit drop
bmp AG / Final 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: bmp ends business year 2008 with profit drop
Berlin, 20 April 2009
Today the Private Equity Asset Manager bmp AG (ISIN DE0003304200) presents
its figures for the business year 2008.
Due to significantly reduced exit activities in the direct investment
business, turnover dropped around 60% below the previous year's level of
11.1 mil. EUR, resulting in a group turnover of 4.0 mil. EUR for 2008. This
was due above all to weaknesses on the part of capital markets and a drop
in trade sale activities.
In spite of reduced turnover volume, bmp closed the business year 2008 with
slightly positive consolidated profits for 2008 of 0.2 mil. EUR (previous
year: 3.6 mil. EUR) and thus remained on the profit side for the sixth year
in a row. On the basis of 17.5 mil. shares outstanding, this represents
earnings per share of 0.01 EUR (previous year: 0.21 EUR/share). Net profits
were depressed in 2008 primarily by the depreciation of investments.
Liquidity decreased from 7.7 mil. EUR at the end of 2007 to 3.4 mil. EUR on
31.12.2008. The holding of marketable securities increased from 4.2 mil.
EUR at the end of 2007 to 5.3 mil. EUR on 31.12.2008.
Assets under Management (AUM) increased by 11% to 87.1 mil. EUR in the
business year 2008 and where thus somewhat above the level of 78.4 mil. EUR
at the end of the same period last year.
bmp today has a healthy, vigorously growing and for the most part
completely financed portfolio of holdings with good potential for future
gains in value. Due to the current weakness of conditions in the financial
environment and the instability of capital markets, there is difficulty in
judging whether we will be able to exploit these potentials to the full in
2009. This makes a profit estimate infeasible at the present moment.
The accounts review meeting of the supervisory board will take place on 24
April 2009 - the year-end report will become available on 30 April 2009 at
www.bmp.com.
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.
20.04.2009 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