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PrimaCom AG

euro adhoc: PrimaCom AG
quarterly or semiannual financial statement
PRIMACOM REPORTS RESULTS FOR THE FIRST SIX MONTHS OF 2006

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
29.08.2006
In the first six months of 2006 revenue decreased by 1.8 percent to
Euro 57.9 million compared with the first six months of 2005.
Operating profit increased due to significantly reduced restructuring
costs from a loss of Euro 5.5 million in the first six months of 2005
to a profit of Euro 1.4 million in the first six months of 2006.
EBITDA for the first six months of 2006 increased to Euro 23.1
million, a 25.2 percent increase compared with the first six months
of 2005. The EBITDA margin increased from 31.3 percent to 39.9
percent.
In the first six months of 2006, EBITDA and operating profit were
impacted by restructuring costs of Euro 0.8 and Euro 2.7 million due
to the start-up of easy.TV.
Net loss for the first six months of 2006 was Euro 13.5 million
compared with a net loss of Euro 60.1 million for the first six
months of 2005. The improved results are due to the discontinuation
of losses of the disposed Dutch subsidiary Multikabel, significantly
reduced restructuring costs and the significantly reduced interest
expense due to the new financing of the Company which was closed on
December 5, 2005.
Revenue generating units decreased by 23,549 or 2.4 per cent from
964,043 at June 30, 2005 to 940,494 at June 30, 2006. While analog
customers declined by 3.7 per cent, Internet and telephony customers
increased.
PrimaCom continues to focus on revenue improvements, cost reduction
management and profitability improvements.
end of announcement                               euro adhoc 29.08.2006 13:30:08

Further inquiry note:

Investor Relations
Phone: +49(0)6131 944 522
E-Mail: investor@primacom.de

Branche: Telecommunications Equipment
ISIN: DE0006259104
WKN: 625910
Börsen: Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
Frankfurter Wertpapierbörse / regulated dealing/general
standard

Plus de actualités: PrimaCom AG
Plus de actualités: PrimaCom AG