Ad-hoc press release from Intertainment AG
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 |
Change |
|||
| DM m | EURO m | DM m | EURO m | ||
| 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.
Kontakt:
Intertainment Aktiengesellschaft
Marietta Birner, Investor Relations
Osterfeldstraße 84
85737 Ismaning
Telefon: 0 89 / 216 99 - 0
Telefax: 0 89 / 216 99 - 11
Internet: http://www.intertainment.de
E-Mail: investor@intertainment.de