broadnet mediascape communications AG

euro adhoc: broadnet mediascape communications AG
Quarterly or Semiannual Financial Statements
broadnet mediascape presents nine months figures: Operative result in third quarter improves by 80.8 % compared to previous quarter (E)

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Hamburg, November 19th, 2003 - As of September 30, broadnet mediascape had been able to improve its EBITDA for the first nine months of 2003 by 89.5 % over the same period in the previous year to minus TEUR 450 (previous year: minus TEUR 4,272). In the third quarter of 2003, broadnet mediascape posted an EBITDA of minus TEUR 91, compared to an EBITDA of minus TEUR 474 in the second quarter - an improvement of 80.8 %. In September, the company posted its first positive EBITDA from current operations and without one-off effects, in the amount of TEUR 56. The Group’s EBIT in the first nine months of the current fiscal year was minus TEUR 11,404 (previous year: minus TEUR 7,288). This result is still largely the result of the great write-offs on wireless equipment from aditions in 2000. These write-offs will fall sharply in the second half of 2004. From January until September 2003, broadnet mediascape posted sales of TEUR 18,573, compared to TEUR 10,153 in the same period of the previous year. Thus, the Group was able to increase its turnover by 82.9 % in the past 12 months.

end of announcement            euro adhoc 19.11.2003

Further inquiry note: Sophie Lindemann Tel.: +49-40-668610-0

Branche: Telecommunications Equipment
ISIN:      DE0005490866
WKN:        549086
Index:    CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade

Weitere Meldungen: broadnet mediascape communications AG

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