Alle Storys
Folgen
Keine Story von Mood and Motion AG mehr verpassen.

Mood and Motion AG

euro adhoc: Mood and Motion AG
Earnings Forecast
Ad hoc disclosure within the meaning of section 15 of the Wertpapierhandelsgesetz (WpHG - German Securities Trading Act) Mood and Motion AG (previously Neue Sentimental Film): New profit targets ...

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information
10.11.2008
Frankfurt am Main, November 10, 2008 Mood and Motion AG, previously 
Neue Sentimental Film (ISIN: DE0005341408), a leading international 
company for the production of advertising films and TV formats has 
reduced its profit targets for the entire 2008 fiscal year. The 
company's management is now forecasting revenues of EUR 48 - 50 
million and EBIT of EUR 0.7 million to EUR 1 million for the year as 
a whole.
The reduced profit forecast is due to the enormous insecurity among 
advertising customers over the past few months. The distortions on 
the capital markets and the fear of recession caused advertising 
customers throughout Europe to throttle their budgets in August. This
trend increased in September and October.
Projects for which planning had already been completed were either 
trimmed drastically or even put back or cancelled. This caused a 
sub-optimal capacity uptake. Margins also came under pressure, which 
depressed Mood and Motion's earnings.
However, at present demand has increased, which is typical for the 
current season. As a result, the fourth quarter could prove to be 
strong despite the general reserved behavior by advertising 
customers.
However, in spite of this on the whole the management cannot see any 
realistic opportunity to achieve its original forecast of revenues of
EUR 55 million to EUR 58 million with EBIT of between EUR 1.6 million
and EUR 2.0 million.
END OF DISCLOSURE
end of announcement                               euro adhoc

Further inquiry note:

Thomas Schwinger-Caspari
Member of the Executive Board
MOOD AND MOTION AG
Hegelstrasse 15
60314 Frankfurt am Main
T: +49 (0) 69 94 33 14 - 61
F: +49 (0) 69 497 03 03

Branche: Cinema
ISIN: DE0005341408
WKN: 534140
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade

Weitere Storys: Mood and Motion AG
Weitere Storys: Mood and Motion AG
  • 24.10.2008 – 13:33

    Neue Sentimental Film AG now called Mood and Motion AG!

    ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. companies/mergers Frankfurt am Main (euro adhoc) - Neue Sentimental Film AG has become Mood and Motion AG as a result of the effective entry of the change to the articles of incorporation resolved by the General Meeting on August 21, 2008. The change to the name of the listed holding company is a result ...