Wild Bunch AG

Earnings Release • Aug 31, 2001

News Details

Ad-hoc | 31 August 2001 08:42

Senator Entertainment AG english

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Senator increases EBIT by 167,9% – Sales revenues rose by 113,6 % Berlin, August 31th 2001 Senator Entertainment AG increased its sales in the first half of 2001 by 113,6% to EUR 83.22 million (EUR 38.96 million). Due to good box office results and successful leap into international film production and distribution. The earnings before taxes, interest, depreciation and amortization (EBITDA) increased by 162.5% to EUR 60.7 million. Depreciation rose by 161.3% to EUR 48.9 million. Despite the high depreciation rate of 58.8%, earnings before interest and tax jumped by 167.9% to EUR 11.8 million. Our half year earnings were dampened by EUR 4.97 million due to a loss absorbed on account of our share in the strategic multiplex partner CinemaxX in addition to an ordinary depreciation. However, the result of ordinary activities increased by 66.1% to EUR 6.92 million compared to the same period in 2000. After tax results of EUR 6.39 million meant a 30.1% improvement in earnings for the first half of 2001, corresponding to the DVFA/SG result. Earnings per share amounted to EUR 0.19 as of June 30th 2001. Promising new releases of films already successful in the US, the consolidation of CinemaxX to be completed and international activities point the way to optimistic future in the 2nd half of 2001. For further questions please contact Senator Entertainment AG Karl-W. Homburg investor@senator.de Head of Investor Relations/ Corporate Communications Tel.: 030 / 88091-612 Fax.:030 / 88091-8612 or Bernhard Krause Tel.: 06181-9828020 end of ad-hoc-announcement (c)DGAP 31.08.2001 ——————————————————————————– WKN: 722440; Index: NEMAX 50 Listed: Neuer Markt in Frankfurt, Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 310842 Aug 01