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SLEEPZ AG — Earnings Release 2011
Nov 14, 2011
5817_rns_2011-11-14_6739c126-3772-4e8f-9e91-9818e0ee1feb.html
Earnings Release
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News Details
Ad-hoc | 14 November 2011 11:00
bmp media investors AG: Slight profit in the first nine months
bmp media investors AG / Key word(s): Quarter Results
14.11.2011 11:00
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.
bmp media investors AG: Slight profit in the first nine months
- Profit of EUR 0.33 million (EUR 0.02 per share)
- Net asset value (NAV) of EUR 0.99 per share
bmp media investors AG (ISIN DE3304200) closed the first nine months of the
2011 financial year with a consolidated net profit of EUR 0.33 million
(previous year: EUR 2.3 million) - equivalent to a profit of EUR 0.02 per
share (previous year: EUR 0.13 per share). In the same period, group
turnover amounted to EUR 5.1 million (prior-year period: EUR 7.1 million).
The decline in earnings of just under EUR 0.6 million in the third quarter
2011 as compared to the second quarter of 2011 is primarily due to negative
exchange rate effects between the Polish zloty and the euro of EUR 277
thousand, an impairment on the listed investment Heliocentris Energy
Solutions AG of EUR 220 thousand as of the reporting date, and a realised
loss of EUR 65 thousand from a fund investment in the context of
streamlining the portfolio. In contrast, the rest of bmp's investment
portfolio increased in value slightly.
The net asset value (NAV) as of 30 September 2011 amounts to EUR 18.6
million, or EUR 0.99 per share (previous year: EUR 0.93 per share). The NAV
expresses the accounting par value of the share, excluding the future
performance potential of the investment portfolio. Marketable securities
and cash and cash equivalents in the Group amounted to EUR 8.4 million as
at 30 September 2011 (previous year: EUR 9.9 million). Of this, EUR 5.6
million was attributable to cash and cash equivalents (previous year: EUR
6.3 million).
The Executive Board expects two to three new investments in the area of
media & marketing services in the fourth quarter. No further sales of
investments are planned before the end of the year, but it is planned to
further reduce the interest in the subsidiary bmp Beteiligungsmanagement
AG, in which bmp media investors AG currently still holds an 87% interest.
The nine-month report is to be published on 30 November 2011 at
www.mediainvestors.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 media investors AG, Schlüterstraße 38, D-10629 Berlin
http://www.mediainvestors.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.
14.11.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: bmp media investors AG
Schlüterstraße 38
10629 Berlin
Germany
Phone: +49 (0)30 20 305-0
Fax: +49 (0)30 20 305-555
E-mail: [email protected]
Internet: www.bmp.com
ISIN: DE0003304200
WKN: 330420
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart; Warschau
End of Announcement DGAP News-Service