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<p align=justify>Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------<p>digital advertising AG: Figures for 2000/01 Are In<p>Unterhaching, June 26, 2001. With sales revenues amounting to some 22.7 million DM (previous year DM 7.5 million according to HGB) in fiscal year 2000/01, digital advertising AG bettered performance by 202 percent and was able to top the targeted figure of DM 20.8 m (as of March 31 and according to US GAAP). Net loss amounts to negative DM 5.2 m (p.y. DM 0.2 m). Coming to negative DM 6.5 m (p.y. negative 0.2 m DM), EBIT slightly exceeded the expected figure of negative DM 6 m. Extraordinary expenses incurred during the reporting period affect the result. In addition to costs related to M&A and cooperation activities, the company accrued expenses for organizational and strategic consulting services and increased depreciation due a twofold increase in investment volume. The company has introduced countermeasures, ensuring sound business planning for the current year and promising prospects for the year-end result. This fiscal year, the executive board expects the company`s performance to improve by DM 4.5 m to negative 2 m DM (EBIT), and positive EBITDA in the amount of DM 1 m. The equity rate of 87 percent is commensurate with that of the previous year. Cash and cash equivalents tally to 21.1 m DM, a figure that secures the enterprise`s financial independence. The Group employed 220 personnel as at March 31, 2001, 176 of which were retained on a full-time basis. By the end of the current fiscal year, the Group expects to employ 230 people.<p>At this time, the order position of digital advertising AG is good. digital advertising AG aims to achieve revenues growth on the order of some 54 percent (DM 35 m), which spells above-average growth in comparison to the industry. It also means that the executive board has amended the turnover target of DM 42 m for the current fiscal year 2001/02 in view of the volatile market environment as well as the general order situation in the industry.<p>Denise Sinnhuber, Phone: +49 (89) 61 534-160, Elisabeth Gröschel, Phone: +49 (89) 61 534-161, digital advertising AG, Biberger Straße 93, D- 82008 Unterhaching, Germany Phone: +49 (89) 61 534-100, Fax: +49 (89) 61 534-101, E-mail: aktie@da-ag.com The Executive Board<p>end of ad hoc announcement (c) DGAP 26.06.2001 -------------------------------------------------------------------------------- WKN: 513820; Index: Listed: Neuer Markt in Frankfurt/M.; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart<p> 260759 Jun 01<p><br><br><br></p> |
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| aus der Diskussion: | DGAP-Ad hoc: Digital Advertising AG <DE0005138200> english = |
| Autor (Datum des Eintrages): | ad_hoc (26.06.01 08:01:12) |
| Beitrag: | 1 von 1 (ID:3815936) |
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