DGAP-Adhoc
DEAG Deutsche Entertainment Aktiengesellschaft continues to grow in 2013 and increases the result in a clearly disproportionate manner/Dividend increase planned
DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Preliminary Results/Dividend
27.03.2014 17:07
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc announcement according to § 15 WpHG (German Securities Trading Act)
DEAG continues to grow in 2013 and increases the result in a clearly
disproportionate manner/Dividend increase planned
- Group result from continued operations increases by 33.3 % to 3.6 EUR
million
- Executive Board proposes a 50 % dividend increase to 0.12 EUR
- Sales revenues and result are to continue to grow in 2014
Berlin, March 27, 2014 - According to preliminary figures for fiscal 2013,
DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G6) has continued its
profitable growth and further extended its good market position. DEAG has
succeeded, in line with its strategy, to increase the Group result from
continued operations in a clearly disproportionate manner. The positive
development was also supported by the acquisitions made in 2013, which have
been perfectly integrated into the Group. Moreover, DEAG generated
significant contributions to the result from the distribution business. The
Executive Board will propose to the General Meeting and the Supervisory
Board a 50 % higher dividend in the amount of 0.12 EUR per share for the
past fiscal year.
In fiscal 2013 the Group sales revenues before consolidation amounted to
178.4 EUR million, after consolidation Group sales revenues increased by
6.3 % to 165.5 EUR million. With 10.2 EUR million, the EBITDA recorded a
plus of 18.6 % (prior year: 8.6 EUR million). The normalized EBIT before
amortizations from purchase price allocations of the companies acquired in
2013 in the amount of around 1.4 EUR million, rose by 16.0 % to 8.7 EUR
million. The Group result after minority interests from continued
operations amounted, despite amortizations in respect of purchase price
allocations required in accordance with IFRS, to 3.6 EUR million and hence
33.3 % above prior year (2.7 EUR million). This corresponds to earnings per
share of 0.27 EUR from continued operations (prior year: 0.22 EUR).
The expenses in the "Qivive" case (cp. Ad hoc announcement of May 24, 2013
and 6M Report 2013) are taken into account to the full extent as
discontinued operations. After the successfully asserted recourse claims
DEAG continues to grow in 2013 and increases the result in a clearly
disproportionate manner/Dividend increase planned
- Group result from continued operations increases by 33.3 % to 3.6 EUR
million
- Executive Board proposes a 50 % dividend increase to 0.12 EUR
- Sales revenues and result are to continue to grow in 2014
Berlin, March 27, 2014 - According to preliminary figures for fiscal 2013,
DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G6) has continued its
profitable growth and further extended its good market position. DEAG has
succeeded, in line with its strategy, to increase the Group result from
continued operations in a clearly disproportionate manner. The positive
development was also supported by the acquisitions made in 2013, which have
been perfectly integrated into the Group. Moreover, DEAG generated
significant contributions to the result from the distribution business. The
Executive Board will propose to the General Meeting and the Supervisory
Board a 50 % higher dividend in the amount of 0.12 EUR per share for the
past fiscal year.
In fiscal 2013 the Group sales revenues before consolidation amounted to
178.4 EUR million, after consolidation Group sales revenues increased by
6.3 % to 165.5 EUR million. With 10.2 EUR million, the EBITDA recorded a
plus of 18.6 % (prior year: 8.6 EUR million). The normalized EBIT before
amortizations from purchase price allocations of the companies acquired in
2013 in the amount of around 1.4 EUR million, rose by 16.0 % to 8.7 EUR
million. The Group result after minority interests from continued
operations amounted, despite amortizations in respect of purchase price
allocations required in accordance with IFRS, to 3.6 EUR million and hence
33.3 % above prior year (2.7 EUR million). This corresponds to earnings per
share of 0.27 EUR from continued operations (prior year: 0.22 EUR).
The expenses in the "Qivive" case (cp. Ad hoc announcement of May 24, 2013
and 6M Report 2013) are taken into account to the full extent as
discontinued operations. After the successfully asserted recourse claims
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