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SLEEPZ AG — Earnings Release 2012
Aug 16, 2012
5817_rns_2012-08-16_696b2136-eee9-46c0-afa5-f29ee76f2b55.html
Earnings Release
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News Details
Ad-hoc | 16 August 2012 15:30
bmp media investors AG: Publication of figures for first half of 2012
bmp media investors AG / Key word(s): Half Year Results
16.08.2012 15:30
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.
Berlin, 16 August 2012 - The private equity company bmp media investors AG
(ISIN DE0003304200) ended the first half of 2012 with no company sales from
its portfolio. For this reason, revenue was only EUR 0.4 million, compared
with EUR 5.0 million in the first half of 2011. Earnings were clearly
negative at EUR - 2.2 million (- 12 cents /share), after a profit of EUR
0.8 million had been generated in the first half of 2011.
The cause of the negative result is the decision to take a full write down
on net exposure in the balance sheet of the investment in Revotar
Biopharmaceuticals AG. This leads to a charge of EUR 2.3 million. Although
Revotar is in advanced discussions about pharmaceutical partnerships, at
the moment these have not yet been concluded. If all discussions were to
fail, a total loss of the investment could not be ruled out.
Thus, as of 30 June 2012, the net asset value, which equals IFRS
shareholders' equity, declined to EUR 16.5 million (previous year: EUR 19.2
million), or EUR 0.88 /share (previous year EUR 1.02 /share).
Due to pleasing investment activities in the existing portfolio and new
investments such as Retresco and iteelabs, liquid funds were reduced to EUR
4.0 million (previous year EUR 5.8 million) in the first half of 2012.
There was a rise in listed securities compared to the previous year from
EUR 2.9 million to EUR 3.2 million.
Despite the burden from the write-down of the Revotar AG investment, bmp
media investors AG continues to target positive results for 2012.
The half-yearly report will be published on 31 August 2012 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.
16.08.2012 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.mediainvestors.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