AdLINK Internet Media AG

AdLINK Group posts sales of EUR 222.5 million and an EBITDA of EUR 14.0 million in 2008 - Earnings are burdened by write-downs on participations of EUR 17.1 million.

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Montabaur, March 24, 2009. In its fiscal year 2008, AdLINK Internet Media AG (the AdLINK Group) generated consolidated sales of EUR 222.5 million, compared with EUR 229.2 million in the previous year. After adjustment for currency effects, sales were with EUR 229.9 million at the prior-year level.

Earnings before interest, taxes, depreciation and amortization (EBITDA) reached EUR 14.0 million in fiscal year 2008 (prior year: EUR 26.5 million without non-recurring earnings of EUR 16.8 million from the initial recognition of the Goldbach shares). Before taxes and write-downs, the AdLINK Group posted a profit of EUR 8.1 million (prior-year: EUR 21.1 million). Currency losses burdened this result by EUR 2.6 million more than in 2007.

EBT in 2008 was burdened by the following negative special items: write-downs of EUR 7.9 million due to the fall in the share price of our investment in Goldbach Media AG and goodwill amortization of EUR 9.2 million.

Including the negative special items, pre-tax earnings amounted to EUR -9.0 million (prior year EUR 28.5 million). Earnings per share (EPS) fell from EUR 0.72 in 2007 to EUR -0.53 in 2008.

In fiscal year 2008, the AdLINK Group reduced its net borrowing from EUR 41.7 million in the previous year to EUR 32.9 million.

On the basis of current market conditions, the AdLINK Group´s Management Board expects sales revenues to reach approximately EUR 200 million. EBT is expected to reach the prior-year level (EBT 2008 without special items: EUR 8.1 million).

Annual comparison in EUR million; Jan.-Dec. 2007; Jan.-Dec. 2008 Sales; 229.2; 222.5 EBITDA (without special items); 26.5; 14.0 EBITDA; 43.3; 14.0 EBT (without special items); 21.1; 8.1 EBT; 28.5; -9.0 EPS in EUR; 0.72; -0.53

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ots Originaltext: AdLINK Internet Media AG
Im Internet recherchierbar:

Further inquiry note:
Marcus Schaps
AdLINK Internet Media AG
Elgendorfer Straße 57
56410 Montabaur

Tel.: +49 (0) 2602 96-1319
Fax: +49 (0) 2602 96-1013

Branche: Online
ISIN:      DE0005490155
WKN:        549015
Index:    TecDAX, Prime All Share, Technologie 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 München / free trade

Weitere Meldungen: AdLINK Internet Media AG

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