MIM MONDO IGEL MEDIA AG

euro adhoc: MIM MONDO IGEL MEDIA AG
Quarterly or Semiannual Financial Statements
MIM AG Back to Profit

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26.07.2005

Increased sales of EUR 1,489k in the first six months of 2005 helped MIM MONDO IGEL MEDIA AG attain a profit at mid-year for the first time since 2000. The EBITDA of EUR 438k is in large part due to improvement in the second quarter (QI: EUR 114k). The company's turnaround is demonstrated by a net profit of EUR 2k (2004: EUR -463k) in the first six months.

"Our success in co-production is a great achievement for MIM, but equally important is the fact that we have begun to sell the library more efficiently," says Matteo Corradi, CEO of MIM. "Those two pillars provide us with what we need to sustain our success in the future."

Management expects a positive EBITDA for the current business year, possibly with a small net profit, and steady profits by 2006.

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ots Originaltext: MIM MONDO IGEL MEDIA AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Jedidiah Harris
General Manager
Telefon: +49(0)40 306896 10
E-Mail: jharris@mim.ag

Branche: Media
ISIN:      DE000A0BVUP8
WKN:        A0BVUP
Börsen:    Hamburger Wertpapierbörse
                Berliner Wertpapierbörse
                Baden-Württembergische Wertpapierbörse
                Frankfurter Wertpapierbörse
                Börse Düsseldorf
                Bayerische Börse
                Bremer Wertpapierbörse (BWB)



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