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broadnet mediascape communications AG

euro adhoc: broadnet mediascape communications AG
Annual Reports
broadnet mediascape presents preliminary figures Turnover increases by 66 %, EBIT improves by 17 % (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
Hamburg, March 10, 2003 - According to preliminary results, broadnet
mediascape communications AG was able to increase turnover by 65.6 %
from TEUR 9,424 in the previous year to TEUR 15,609. The increase was
mainly achieved with the take over of broadnet mediascape dsl
services AG in August 2002. Due to integration of the subsidiaries
Broadnet Deutschland and broadnet mediascape dsl services, EBITDA
decreased by 15.2 % to minus TEUR 10,122 (previous year: minus TEUR
8,783). Positive synergies will have their effect in 2003. The Group
was never the less able to increase its EBIT from minus TEUR 22,185
in 2001 to minus TEUR 18,929 in 2002. As at December 31, 2002
broadnet mediascape had liquid funds of TEUR 39,770 (previous year:
TEUR 33,155). The company had gained TEUR 23,281 in liquid funds when
taking over Broadnet Deutschland and broadnet mediascape dsl
services. broadnet mediascape will present its complete annual report
on March 31, 2003.
end of announcement        euro adhoc 10.03.2003

Further inquiry note:

Sophie Lindemann Tel.: +49-40-668610-186

Branche: Software
ISIN: DE0005490866
WKN: 549086
Index: Nemax All Share
Börsen: Frankfurter Wertpapierbörse / Neuer Markt
Baden-Württembergische Wertpapierbörse / free trade
Bayerische Börse / free trade
Berliner Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Hamburger Wertpapierbörse / free trade
Niedersächsische Börse zu Hannover / free trade

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