Ad-hoc | 30 May 2001 08:31
Senator Entertainment AG
english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Senator Boosts EBIT by Some 79 Percent
Sales climb some 70 percent Quarterly Earnings increased by about 46 percent
Berlin, May 30, 2001 The year 2001 debuted very successfully for Senator
Entertainment thanks to extremely strong increases in sales and earnings
compared to last year’s first quarter. Sales soared about 70 percent to EUR 23.5
million (prior year period: EUR 13.9 million). Making a major contribution were
box office revenues of EUR 10.1 million (prior year period: EUR 4.1 million)
stemming mainly from the highly successful Senator films “Chocolat”, “The
Experiment” and “Now or Never, which opened in December 2000. Sales from
licensing also rose sharply, increasing from EUR 2.1 million in first quarter
2000 to its current EUR 12.0 million, thanks to income from worldwide
distribution. Film production revenues fell from EUR 7.7 million in first
quarter 2000 to EUR 1.4 million in first quarter 2001, since Senator did market
less in-house productions in this reporting period.
Earnings before interest, taxes, depreciation and amortization (EBITDA) went up
by some 38 percent to EUR 10.5 million compared to EUR 7.6 million of the prior-
year period. Earnings before interest and taxes (EBIT) were EUR 4.2 million
after EUR 6.3 million in depreciation (prior year period: EUR 5.3 million),
which is an increase of 79 percent over last year’s EUR 2.3 million. Senator
Entertainment AG posted quarterly earnings of EUR 1.6 million following EUR 1.6
million in amortization of financial assets and taxes on income of EUR 0.8
million, which bettered the first quarter 2000 result of EUR 1.1 million by some
46 percent. Earnings per share were EUR 0.05 compared to EUR 0.03 for the same
period last year. The quarterly report is available on the Internet at
www.senator.de.
Senator Entertainment AG Constantin von Geyr
investorrelations@senator.de Head of Investor Relations
Tel.: +49-30-88091-612
end of ad hoc announcement (c) DGAP 30.05.2001
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WKN: 722440; Index: NEMAX 50
Listed: Neuer Markt in Frankfurt, Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
300831 Mai 01