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MIM MONDO IGEL MEDIA AG i.L.

euro adhoc: MIM MONDO IGEL MEDIA AG
Quarterly or Semiannual Financial Statements
MIM MONDO IGEL MEDIA AG: First Profitable Quarter in Four Years; Mondo TV Increases Participation

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
MIM MONDO IGEL MEDIA AG closed the third quarter of 2004 with a net
profit for the first quarter since 2000. The two current animation
co-productions were major contributors to this development, as was
the emphasis on cost management, with a 40% reduction in costs as
compared to the same period in 2003.
MIM attracted almost half a million Euros of new investment with the
recent capital increase, which was completed in October. The majority
shareholder, Mondo TV S.p.A., took advantage of this opportunity to
increase its participation in MIM to almost 60%.
end of announcement                    euro adhoc 11.11.2004 18:44:32 

Further inquiry note:

Jedidiah Harris
General Manager
Telefon: +49(0)40 306896 10
E-Mail: jharris@mim.ag

Branche: Media
ISIN: DE000A0BVUP8
WKN: A0BVUP
Index:
Börsen: Hamburger Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade

Original-Content von: MIM MONDO IGEL MEDIA AG i.L., übermittelt durch news aktuell