Ad-hoc | 26 April 2001 08:01
Ad hoc-Service: Intertainment AG
english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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Intertainment AG increases turnover to DM 171.7 m
Provisions for risk due to litigation depress results
Ismaning near Munich, 26 April 2001 – In 2000 the media company, Intertainment
AG based in Ismaning near Munich, which operates in the film license business
and in merchandising, consistently pursued its growth strategy. The group’s
business figures developed as follows:
2000 1999
DM m Euro m DM m Euro m Change
Gross annual receipts 171.7 87.8 56.1 28.7 +206%
EBIT 31.6 16.2 25.6 13.1 +23%
Results of ordinary
activities 20.9 10.7 27.4 14.0 -24%
Profit for the year 10.9 5.6 13.1 6.7 -17%
In 2000 gross annual receipts rose from DM 56.1 m/28.7 Euro m to DM 171.7 m/87.8
Euro m. Also in 2000 the EBIT grew from DM 25.6 m/13.1 Euro m to DM 31.6 m/16.2
Euro m. The results of ordinary activities fell to DM 20.9 m/10.7 Euro m. In
the previous year this result had been DM 27.4 m/14 Euro m. The profit for the
year fell from DM 13.1 m/6.7 Euro m to DM 10.9 m/5.6 Euro m.
The clearly disproportionate development of the EBIT in relation to turnover and
the development of the results of ordinary activities as well as the profit for
the year, to the sum of DM 20.8 m/10.6 Euro m, are due to provisions for risk
in connection with the litigation against Franchise Pictures and Imperial Bank.
The result per share for the group was DM 1.02/0.52 Euro (DM 1.38/0.71 Euro in
the previous year). As at 31 December 2000 Intertainment’s liquid funds amounted
to DM 142.5 m/72.9 Euro m.
end of ad hoc announcement, (c) DGAP 26.04.2001
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WKN: 622360; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, München und Stuttgart
260801 Apr 01