ots Ad hoc-Service: BRAINPOOL TV AG <DE0005188908> Growth in sales and earnings as planned - Sales up by 77% in the first 9 months
Cologne (ots Ad hoc-Service) -
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Growth in sales and earnings as planned - Sales up by 77% in the first 9 months
At BRAINPOOL TV both sales and earnings continue to grow according to plan. Sales in the first nine months of the year 2000 rose by 77 percent compared with the same period last year from DM 31.9 million to DM 56.5 million. The increase in profits was even sharper. The EBIT rose by DM 4.8 million from DM 0.6 million to DM 5.4 million. The group net profit rose from DM 0.125 million to DM 4 million. At the end of the nine months, earnings per share had reached DM 0.27, up by DM 0.30 against the same period in the previous year.
The strongest quarter is yet to come. Four weekly shows as well as yearly shows such as "Danke Anke", "Die Pannenshow" and "Die Wochenshow - Silvester" are currently being produced. The business segments sales figures make it plain that BRAINPOOL TV AG has followed the right strategy in licensing its programmes to TV broadcasters and itself exploiting the brands thus created in all relevant media. Whilst in the first nine months of the year 1999 only 5 percent of sales were derived from non-TV activities, the proportion derived from merchandising, audio products, events and the Internet has meanwhile risen to over 32 percent. The most important contributor is the merchandising and audio products segment with DM 11.0 million. Events in the first three quarters brought in DM 5.3 million. The Internet contributed sales of DM 2.1 million.
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