e-m-s news media AG

euro adhoc: e-m-s new media AG
Quarterly or Semiannual Financial Statements
e-m-s new media AG achieved turnaround in the first quarter 2003 (E)

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e-m-s new media AG (WKN 521280/ ISIN DE0005212807), the specialist for  Home-Entertainment, was able to cross the break-even point in the first quarter 2003 due to sustainable restructurings. According to the present figures the management assume at least a positive EBIT (previous year: minus 1.056 million Euro).

The revenues increased by 60 percent to 3.64 million EURO during the first three months. This means an increase of 30 percent compared with the plans for the first quarter 2003. For the first half of 2003 the management expects to attain revenues to the sum of 6.84 million EURO, which means an increase of about 70 percent compared to the previous year value.

For the fiscal year 2003 the management assume revenues amounting to 12 million Euro at least, which will be realized mostly by Home-Entertainment business. In 2002 e-m-s new media AG achieved total proceeds of 10.5 million EURO of which includes 3 million EURO which were realized by once-only turnovers regarding licence sales. The sales resulting form Home-Video amount to 7.5 million EURO in 2002. So, this year’s company’s budget shows comparable increases in turnover of about 60 percent and a positive EBIT.  

The complete quarterly report will be published at the end of May 2003, the financial statements as of 31.12.2002 can be downloaded from www.ems-newmedia.com at the end of April.

end of announcement            euro adhoc 03.04.2003

Further inquiry note: Sonja Norden Tel.: +49 (0) 231 9455 333 E-Mail: s.norden@ems-newmedia.com

Branche: Media
ISIN:      DE0005212807
WKN:        521280
Index:    Nemax All Share
Börsen:  Frankfurter Wertpapierbörse / Neuer Markt
              Baden-Württembergische Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Berliner Wertpapierbörse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Börse Düsseldorf / free trade
              Hamburger Wertpapierbörse / free trade
              Niedersächsische Börse zu Hannover / free trade

Weitere Meldungen: e-m-s news media AG

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