Tous Actualités
Suivre
Abonner Mood and Motion AG

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 AG) has adjusted its ...

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information
29.12.2008
Mood and Motion AG (previously Neue Sentimental Film) has adjusted 
its annual forecast and forecast for the fourth quarter
Frankfurt am Main, December 29, 2008 - Mood and Motion AG (formerly 
Neue Sentimental Film), Frankfurt (ISIN: DE0005341408), a leading 
international producer of advertising films and TV formats, has not 
been able to escape the general trend of falling advertising 
spending, and has adjusted its forecast.
The fourth quarter is traditionally the strongest in the year, 
however as a result of the continued reluctance shown by advertising 
customers, which has had its full impact in the Q4, revenues of just 
approx. EUR 7 million and negative EBIT are being forecast for this 
quarter. As a result, the company is also adjusting its forecast for 
2008 as a whole. CEO Tom Gläser is now forecasting revenues of 
approx. EUR 45 million and negative operating EBIT of approx. EUR 
-0.3 million from continued operations.
The Managing Board has already reacted by putting a cost-cutting 
program in place, with the result that up costs of up to EUR 1 
million will be saved over the year. This spans both the synergies 
stemming from the integration as well as restructuring activities 
which will bear fruit in the first quarter. In addition, other 
activities are also being reviewed, with the result that the Managing
Board plans to announce its forecast for the whole of 2009 in 
January.
end of announcement                               euro adhoc

Further inquiry note:

Thomas Schwinger-Caspari
Member of the Managing Board
MOOD AND MOTION AG
Thomas.Schwinger@moodandmotion.com
Phone: 0049 (0) 69 94 33 14 0
Fax: 0049 (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

Plus de actualités: Mood and Motion AG
Plus de actualités: Mood and Motion AG