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26.04.2001 – 15:24

Odeon Film AG

ots Ad hoc-Service: Odeon Film AG

Ad hoc-announcement. The sender is solely responsible for the contents of this announcement. -----------------------------------------------------

    Geiselgasteig (ots Ad hoc-Service) - Odeon Film raises target
figures: Break-even to be exceeded as early as 2001 on an EBIT of
Euro 0.7 million - Increase in EBIT to Euro 1.7 million expected for
2002
    
    Odeon Film AG, Geiselgasteig, plans to exceed break-even point in
the current fiscal year 2001 with a Group EBIT of around Euro 0.7
million, and to generate sales of Euro 50.1 million. A rise in the
Group's EBIT to around Euro 1.7 million is planned for the coming
fiscal year 2002, with sales increasing to Euro 54.2 million. These
figures do not include planned acquisitions.      

    In 2000, Group sales grew by 36% over the previous year's level, to Euro 45.8 million. At the same time, total operating revenues increased by 41% to Euro 51.8 million. At Euro - 1.6 million, the EBIT also performed much more positively than could have been planned for, even at the beginning of fiscal year 2000. Owing to a good financial result of Euro 0.6 million, earnings before  taxes at Euro - 1 million proved to be better than last year. At - 48 cents per share, IAS earnings per share are 27 cents better than in 1999.          The corresponding press releases will be published on April 26 following the Annual Press Conference at 9 a.m. in Munich.      PR Contact: Frederik Rehms Agentur Rehms, Martin & friends GmbH Orleansstr. 21 81667 Munich, Germany Phone: +49 (0)89 / 480883-0 Fax: +49 (0)89 / 480883-23 Email: frehms@t-online.de

         WKN: 685300; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart

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