DGAP-Adhoc: DEAG Deutsche Entertainment Aktiengesellschaft

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
DGAP-Adhoc: DEAG Deutsche Entertainment Aktiengesellschaft remains on a growth course in 2013 with strong 9-month figures

DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): 9-month figures/Preliminary Results 27.11.2013 09:33 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Publication of an ad-hoc notification pursuant to Section 15 WpHG (German Securities Trading Act) DEAG remains on a growth course in 2013 with strong 9-month figures - Sales up 29.7 per cent - EBIT up 19.3 per cent - Strong Q4 expected - Ideally filled pipeline for robust growth in 2014 Berlin, 27 November 2013 - DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G6) is still on a sales and earnings growth course 9 months into 2013. From preliminary figures, sales rose 29.7 per cent compared with the prior year period, to EUR 125.2 million. In the first 9 months, EBITDA climbed 30.1 per cent to EUR 6.6 million. EBIT was up 19.3 per cent to EUR 5.0 million. At EUR 2.2 million, group earnings after taxes and minority interests from continued operations were 22.1 per cent above the previous period's figure. Expenses for the 'Qivive' litigation (see ad-hoc notification of 24 May 2013 and 6-month report) have been included in full as discontinued operations. After the successfully asserted recourse claims against the auditing company, other claims for damages have been made. DEAG is confident that the currently disclosed expense of EUR 2.47 million can be reduced further. Q3 2013, which for seasonal reasons is not a strong quarter, was completed with better than expected sales and earnings. Sold-out events such as Swan Lake and Carmen in the Royal Albert Hall delivered a particularly good result in the English market. Open-air concerts with Depeche Mode and Bruce Springsteen, along with successful concerts by David Garrett, Peter Maffay and Eric Clapton, formed the basis for good results in the Rock/Pop sector. In partnership with the Circus FlicFlac, this year saw a decisive step in Family Entertainment that will be continued in 2014. Given this positive development and against the background of a clearly strong Q4, DEAG is optimistic about 2013 as a whole. Sold-out tours, such as those from Andreas Gabalier, Black Sabbath, Jamie Cullum and Musikantenstadl were part of the DEAG success story in a strong Q4. On the earnings side, revenue from ticket sales is playing an ever greater part, in line with the DEAG strategy. For 2014 - already underpinned by advance ticket sales - DEAG anticipates the profitable growth course. A part of the strategic focus at DEAG will be on growth in the Family Entertainment sector. The consolidated interim report for the first nine months will be published on 29 November 2013 under Investor Relations at www.deag.de. DEAG Deutsche Entertainment AG The Executive Board Contact for further information: Axel Mühlhaus edicto GmbH Tel: +49-69-90 550 552 Email: deag@edicto.de 27.11.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: DEAG Deutsche Entertainment Aktiengesellschaft Potsdamer Stra�e 58 10785 Berlin Germany Phone: +49-30-810 75-0 Fax: +49-30-810 75-519 E-mail: deag@edicto.de Internet: www.deag.de ISIN: DE000A0Z23G6 WKN: A0Z23G Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

Scroll down for more posts ▼

Top 10 Most Recent News Articles

FLUX 3 Max Launches with Unmatched Speed and Quality

Updated Category News Views 14

A Lightning Fast Leap in Video Generation It's all eyes on FLUX 3 Max today. You can almost hear the gasps of 'wow' in the generative media crowd. Why? Because this new weapon in the video gen arsenal, dreamed up by fal and Black Forest Labs, is slicing through the old speed limits like a blistering comet. Now, don't get me wrong. Seeds don't grow overnight, and neither...

Continue Reading
National Showrooms Expands into Virginia with Key Buy

Updated Category News Views 6

A New Chapter for Greenwich Kitchens I'll tell you what's catching my eye this time—National Kitchen & Bath Showrooms are making their move into Virginia by snapping up Greenwich Kitchens, a well-regarded name in the local kitchen and bath scene. Founded back in '78, Greenwich Kitchens has been a staple in the Virginia Beach and Hampton Roads areas for nearly half a...

Continue Reading
New Chapter Recovery Garners Key Accreditations

Updated Category News Views 9

Accreditations That Matter It's not every day a treatment facility pops its head up with credentials that weigh like a ton of bricks. New Chapter Recovery in New Jersey just snagged two heavy hitters: Joint Commission accreditation and LegitScript certification. These badges don’t just glimmer for show; they’re the market's assurance against empty promises—an...

Continue Reading
LBT Unveils Game-Changing Cyclotron for Medical Advances

Updated Category News Views 9

Unveiling the LB-30 Cyclotron at EANM 2026 Life in nuclear medicine never stands still, and once again, Longevous Beamtech (LBT) is stirring the pot with its brand-new LB-30 series medical cyclotron. They rolled out this high-powered beast at the 39th Annual Congress of the European Association of Nuclear Medicine (EANM 2026) in Vienna. Leaning into the 30 MeV energy...

Continue Reading
AppLovin Faces Securities Fraud Lawsuit Amid AI Claims

Updated Category News Views 6

Digging Into AppLovin's Legal Turmoil Well, it's another wrinkle in the markets' many lines. This time, we’ve got AppLovin Corporation facing the music with a securities fraud lawsuit. If you’ve got shares in NASDAQ:APP, you might want to perk up. Let the trial by fire begin, I say. The Lawsuit Details & Class Period Here we are, October 19, 2026, and the legal eagles...

Continue Reading
GELITA Showcases Collagen Innovations at SupplySide 2026

Updated Category News Views 23

Collagen Solutions Front and Center First up, a little chat about collagen might be in order. For folks not tied into the science side, it sounds like a trendy wellness potion. But here comes GELITA at SupplySide Global 2026, showing it's the real McCoy. Nestled in Booth #4565, they're laying out a spread of next-gen collagen innovations aimed at everything from wound...

Continue Reading
Ruth E. Carter Returns Home with Celebrated Exhibition

Updated Category News Views 8

Ruth E. Carter’s Triumphant Return When a titan of the costume design world circles back to their roots, you know it’s bound to be something special. Ruth E. Carter, who has swapped needles and threads for Oscars (twice, mind you), is making a return to Hampton University, paying homage to the very soil that sowed her artistic seeds. Ain't that a capstone of a career...

Continue Reading
Alaska LNG Project Boosted by Strategic Positioning

Updated Category News Views 6

Alaska LNG: Right Place, Right Time Someone bring out the confetti, because Paul Sullivan, Co-Chairman of Gastech, is celebrating Alaska LNG like it's 1999. And for good reason. If Alaska ever played its cards right, now's the moment according to the industry veteran. After Gastech 2026 wrapped its events in Bangkok last month, Sullivan laid out why the stars are aligning...

Continue Reading
New JPA Aims to Energize Inland Empire's Water Supply

Updated Category News Views 24

Fresh Steps in San Bernardino's Infrastructure Strategy Here's a twist for you: public agencies in San Bernardino County decided enough with the same old, same old and cooked up a new joint powers authority (JPA). They call it the San Bernardino Water and Power Authority, which sounds snappy enough for a meeting room nameplate, I reckon. Who's Steering the Ship? Leading...

Continue Reading
Nest Health Appoints Peter Morrison for Multistate Expansion

Updated Category News Views 10

Peter Morrison Steps Up as Chief Growth Officer You know, it's not every day you see a move as gutsy as Nest Health's recent appointment of Peter Morrison. They're shaking up the Medicaid space, aiming to redefine primary care for families with limited resources. Morrison, coming from heavyweights like UnitedHealthcare and Centene, isn't your typical pencil-pusher. He’s...

Continue Reading

Top 5 Most Recently Viewed Articles

Empowering African Tech Through Global Innovation Partnerships

Updated Category News Views 305

Boosting African Tech Innovation through Collaboration In the vibrant tapestry of the African tech landscape, a significant collaboration is set to inspire innovation like never before. The Inspire Africa Conference, a prominent platform aimed at fostering tech growth across the continent, has announced its media partnership with Mind the Product, the world's largest...

Continue Reading
Class Action Alert: DMC Global, Kyverna, and Marqeta Investors Notified

Updated Category News Views 120

Class Action Lawsuits Overview Investors often face challenges in the stock market, especially when they suffer losses due to alleged corporate misconduct. Recently, class action lawsuits have been initiated targeting prominent companies like DMC Global Inc. (NASDAQ: BOOM), Kyverna Therapeutics, Inc. (NASDAQ: KYTX), and Marqeta, Inc. (NASDAQ: MQ). These lawsuits provide...

Continue Reading
Teamsters Champion Labor Rights With New Legislation Push

Updated Category News Views 308

Teamsters Advocate for Labor Rights with New Legislation Teamsters General President Sean M. O'Brien, along with union members, is taking significant steps to promote critical labor law reform through the introduction of the Faster Labor Contracts Act. This crucial initiative is designed to expedite contract negotiations, ensuring newly organized workers can begin...

Continue Reading
Château La Croix Younan 2018 Triumphs Over Iconic Tignanello

Updated Category News Views 97

Château La Croix Younan 2018 Triumphs Over Iconic Tignanello In a momentous tasting event, the 2018 Château La Croix Younan, a Grand Cru from Bordeaux, has emerged victorious over the celebrated 1997 Tignanello, a prominent Super Tuscan. This face-off not only showcased the wine's remarkable quality across all evaluations—color, aroma, taste, and structure—but also...

Continue Reading
Investing in AI: Transforming Accounting Practices

Updated Category News Views 238

Investing in AI: Transforming Accounting Practices In the dynamic landscape of business technology, new investments are substantially reshaping industries. Recently, Qount, an innovative developer of AI-powered practice management software for public accountants, announced a significant $17 million funding round. This funding, spearheaded by Savant Growth, a private...

Continue Reading