Ad-hoc | 30 April 2008 17:26
SENATOR Entertainment AG / Final Results/Miscellaneous
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Senator Entertainment AG achieves growth target and gains revenues
amounting to 68.37 Mio. Euros
Berlin, 30th April 2008 – The Senator Entertainment AG (General Standard,
ISIN DE000A0BVUC6, Symbol: SMN1) nearly doubled its total revenues in the
business year 2007 and thus reached the aspired growth target.
The revenues increased to an amount of 68.37 Mio. Euros during the period
under report, after amounting to 34.77 Mio. Euros in the previous year. The
EBIT according to IFRS improved greatly and rose to 1.75 Mio. Euros
compared to prior year´s EBIT of 0.07 Mio. Euros. For this reason, the
EBIT-margin increased to 2.6% (previous year: 0.2%). The investor´s share
of profits was nearly balanced, accounting to -0.1 Mio. Euros (previous
year: -0.01 Mio. Euros). This implies an amount of -0.01 Euros (previous
year: 0.00 Euros) per share. The corporation´s equity capital before
minority interest amounting to 12.38 Mio. Euros remained unchanged compared
to the figure of the prior year (12.38 Mio. Euros) This means an equity
quota of 13.7%.
For the Senator group the business year 2007 was all about a consistant
continuation of the commenced strategy for growth and the connected
diversification of the operational business segments. In the main segment
film distribution the number of releases was raised from 6 movies in the
previous year to 24 movies. This increase is also reflected in the increase
of the intangible assets from 26.07 Mio. Euros to 40.53 Mio. Euros; the
intangible assets being mainly film licenses. In addition to this, the
activities in the divisions Home Entertainment, Film Productions and
Television were significantly extended or completely newly implemented.
Furthermore the business activities of the Senator group at an
international level have been accelerated and for this purpose Senator has
agreed to an extensive co-operation with the major French distribution and
production firm Wild Bunch.
For the business year 2008 the corporate group accelerates a further
extension of its activities and thus a growth in total revenues and
earnings. The corporation plans to reach a sales volume of at least EUR 85
Mio. and company earnings (EBIT) slightly above one million. For the year
2009 a business development assuming a double digit amount in million in
sales growth and a further increase of the EBIT is forecasted.
The complete business report is posted on the internet on www.senator.de.
End ad hoc release
If further questions occur, please contact:
Hillermann Consulting
Mr Christian Hillermann
Investor Relations for the Senator Entertainment AG
Tel.:+ 49 30 880 91 727
Fax:+ 49 30 880 91 723
e-mail: ir@senator.de
www.senator.de
Concise profile Senator Entertainment AG
The Senator Entertainment AG (Berlin) is one of the leading independent
media companies in Germany. Together with its subcompanies it works in the
fields of movie production, distribution, TV and music. Senator produced
award-winning movies like THE MIRACLE OF BERN (German title: Das Wunder von
Bern) or THE EXPERIMENT (German title: Das Experiment). In 2007 Senator´s
succesful theatrical releases in Germany include VOLLIDIOT, directed by
Tobi Baumann, DEATH PROOF directed by Quentin Tarantino or the film
adaption of a Stephen-King-novel 1408. Also in 2007 the Senator
Entertainment Inc. located in Los Angeles produced its first two own
international movies: FIREFLIES IN THE GARDEN starring Julia Roberts and
Willem Dafoe and THE INFORMERS starring Kim Basinger, Billy Bob Thornton,
Winona Ryder and Mickey Rourke. Senator will distribute these movies on a
global basis in the current year.
Senator Film Distribution was founded in 1979, Senator Film AG being
founded seven years later, followed by Senator Film Production GmbH in
1987. Since November 2005 the principal stockholders are the media-manager
and lawyer Helge Sasse and the filmproducer Marco Weber who lives in Los
Angeles; both of them also are managing directors of the corporation. Other
strategic investors of Senator Entertainment include corporate consultant
Roland Berger and the chairman of the supervisory board of the Senator
Entertainment AG, Thomas Middelhoff. In April 2008 the Senator-film BE KIND
REWIND was launched in German cinemas and also was the closing film of this
years´s Berlinale film festival.
30.04.2008 Financial News transmitted by DGAP
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Language: English
Issuer: SENATOR Entertainment AG
Rankestr. 3
10789 Berlin
Deutschland
Phone: +49 (0)30 88-091-662
Fax: +49 (0)30 88-091-774
E-mail: investor@senator.de
Internet: www.senator.de
ISIN: DE000A0BVUC6
WKN: A0BVUC
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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