Wild Bunch AG

Earnings Release • Mar 31, 2001

News Details

Ad-hoc | 31 March 2001 16:42

Ad hoc-Service: Senator Entertainment AG english

Ad hoc announcement transmitted by DGAP. The issuer has the sole responsibility of this announcement. ——————————————————————————– Senator Boosts EBIT by Some 178 Percent EBITDA increased by about 93% / Sales climb some 72% Berlin, 31 March 2001 Senator Entertainment AG increased sales by about 72% to DM 211.06 million (prior year: DM 122.72 million) during the 2000 financial year. Earnings before interest, taxes, depreciation and amortization (EBITDA) climbed by about 93% from DM 72.97 million in 1999 to DM 141.04 million in 2000. Earnings before interest and taxes (EBIT) rose some 178% to DM 34.71 million over the DM 12.50 million of 1999. Senator Entertainment AG holds a better than 25% share in CinemaxX AG, which reported a net loss for its abridged 2000 financial year (1 July to 31 December 2000). The total cost for Senator from its assumed share of the loss and amortization amounts to DM 26.17 million and was recorded in its financial result. Annual net earnings of DM 2.30 million (prior year: DM 10.75 million) were reported following this financial result and after taxes and minority interest. CinemaxX AG is implementing a comprehensive program to optimize costs and increase earnings designed to return the company to the profit zone. Senator expects strong increases in sales and earnings for financial year 2001, since its 1999 and 2000 domestic and international co-operations, acquisitions and equity interests will bring forth a large number of superior quality films. For questions please contact: Senator Entertainment AG, Constantin von Geyr, Head of Investor Relations, investorrelations@senator.de, Tel.: + 49 (0)30 / 88091-610 end of ad hoc announcement, (c) DGAP 31.03.2001 ——————————————————————————– WKN: 722440; Index: NEMAX 50 Listed: Neuer Markt in Frankfurt, Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 311642 Mär 01