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    DGAP-Adhoc  534  0 Kommentare DEAG Deutsche Entertainment Aktiengesellschaft: DEAG lifts revenues and all earnings figures in Q1 2015


    DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Quarter Results

    27.05.2015 13:21

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    Ad hoc announcement in accordance with § 15 WpHG (German Securities Trading
    Act)

    DEAG lifts revenues and all earnings figures in Q1 2015

    - Revenues up 19.6 percent and EBIT up 23.8 percent

    - myticket.co.uk to be launched in the UK in June, following the
    successful launch of myticket.de in Germany

    Berlin, 27 May 2015 - DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G6/
    WKN A0Z23G) has got of to a positive and profitable start in fiscal year
    2015, as expected. Revenues and all earnings figures were up significantly.
    The current event pipeline also shows that business growth in the coming
    quarters will also enjoy substantial growth. According to preliminary
    figures, revenues in Q1 2015 were up by 19.6 percent to EUR 38.96, EBIT
    climbed from EUR 1.48 million to EUR 1.83, and consolidated net earnings
    after non-controlling interests improved from EUR 0.97 million to EUR 1.04
    million. The 34 percent increase in deferred revenues from EUR 49.1 million
    to EUR 66 million in Q1 was driven by the positive growth in advance sales
    figures for coming events. As a result, DEAG has confirmed its recently
    increased forecast for the sale of 4.2 to 4.5 million tickets in the group
    in the current year.

    DEAG's proprietary ticketing platform in Germany, myticket.de, enjoyed very
    positive growth in the first quarter of 2015. Almost 5 percent of all of
    the group's tickets were sold via the online platform in the first full
    quarter of myticket.de's business operations. The trend in the second
    quarter of 2015 will be substantially higher. In addition to the positive
    growth in the number of myticket.de tickets, the value per ticket on the
    platform is higher than DEAG's expectations. The further reinforcement and
    expansion of myticket.de is a top priority for DEAG - this platform is
    expected to make its first positive contribution to earnings during the
    current fiscal year.

    The existing ticketing activities in the United Kingdom will be bundled on
    the new platform myticket.co.uk in June. DEAG sells around 1.2 million
    tickets per year via its companies Raymond Gubbay Ltd. and Kilimanjaro Live
    Ltd. Between 5 and 10 percent of tickets are already sold in-house and via
    the group's own platforms. The launch of myticket.co.uk will initially
    merge both companies' sales activities, in order to open up myticket.co.uk
    for third-party providers next year after the start-up phase has been
    completed.

    The financial report on Q1 2015 will be available for downloading from May
    29, 2015 on www.deag.de in the Investor Relations section.

    DEAG Deutsche Entertainment Aktiengesellschaft
    The Executive Board

    Contact for further information:
    Axel Mühlhaus
    edicto GmbH
    Tel: +49-69-90 550 552
    E-mail: deag@edicto.de


    27.05.2015 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: DEAG Deutsche Entertainment Aktiengesellschaft
    Potsdamer Straße 58
    10785 Berlin
    Germany
    Phone: +49-30-810 75-0
    Fax: +49-30-810 75-519
    E-mail: deag@edicto.de
    Internet: www.deag.de
    ISIN: DE000A0Z23G6
    WKN: A0Z23G
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
    Stuttgart

    End of Announcement DGAP News-Service

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    DGAP-Adhoc DEAG Deutsche Entertainment Aktiengesellschaft: DEAG lifts revenues and all earnings figures in Q1 2015 DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Quarter Results 27.05.2015 13:21 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for …