DGAP-Adhoc: DEAG Deutsche Entertainment Aktiengesellschaft increases Group result 2011 by 91% and plans dividend for the first time


DEAG Deutsche Entertainment Aktiengesellschaft  / Key word(s): Preliminary
Results/Final Results 

22.03.2012 09:21

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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2012/03/22 - Ad hoc announcement 

Preliminary results FY 2011 (01 Jan 2011 - 31 Dec 2011)

DEAG Deutsche Entertainment AG increases Group result 2011 by 91% and plans
dividend for the first time

- Earnings per share rise from EUR 0.11 to EUR 0.21
- Executive board proposes dividend payment for the first time
- Positive outlook also for 2012 

Berlin, March 22, 2012 - DEAG Deutsche Entertainment AG (ISIN
DE000A0Z23G6), listed in the Prime Standard of the Frankfurt Stock
Exchange, continued to consolidate its leading market position in fiscal
2011. Despite an altogether challenging market environment, the company
succeeded in pursuing its growth course and nearly doubling its Group
result.

Between January 1 and December 31, 2011 the DEAG Group raised, according to
so far preliminary numbers, its sales revenues from EUR 125.8 million to
EUR 128.3 million. At the same time the company was able to increase its
Group result after taxes and minorities massively. According to preliminary
figures, it rose by 91% from EUR 1.3 million to EUR 2.6 million. This
corresponds to earnings per share of a total EUR 0.21, compared to EUR 0.11
in 2010 and EUR 0.04 in 2009.

The by far disproportionate growth in result was achieved despite
significant one-off expenses in Switzerland, including in particular
integration and consulting expenses for restructuring and optimization
measures of the Swiss investees, the setting up of Starclick Entertainment
AG and the development of a new business line. The necessary one-off
expenses totaled EUR 1.8 million. EBIT hence amounted to EUR 7.2 million or
an adjusted EUR 9.0 million, compared to EUR 8.2 million during the
previous year (plus 10%).

With the publication of the Annual Report the Executive Board will for the
first time in company history propose a dividend payment for the past
financial year.

The Executive Board of DEAG anticipates a continuation of the positive
business development in fiscal 2012. A very well filled pipeline with many
artists, tours and attractive events allows for an optimistic outlook,
together with the already achieved sales on an above-average level. Apart
from open airs in Switzerland with Coldplay, Red Hot Chili Peppers, Madonna
and Metallica, productions such as 'AIDA' in the London Royal Albert Hall,
'Carmen' produced by Volker Schlöndorff at the Seefestspiele Berlin or
Peter Maffay's rock fairy tale 'Tabaluga - Signs of the Time', three tours
with David Garrett and events with Anna Netrebko and Diana Krall are only
an excerpt from the 2012 program highlights.

The final numbers and the Annual Report 2011 will be published at the end
of March 2012 and will be available on www.deag.de in the Investor
Relations section.

DEAG Deutsche Entertainment AG
Executive Board





Contact:
Axel Muehlhaus
edicto GmbH
Eschersheimer Landstr.42 
60322 Frankfurt am Main
Germany
Tel: +49-69-90 550 552
Fax: +49-69-90 550 577
Email: deag@edicto.de


22.03.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      DEAG Deutsche Entertainment Aktiengesellschaft
              Potsdamer Straße 58
              10785 Berlin
              Germany
Phone:        +49 (0)30 / 810 75-0
Fax:          +49 (0)30 / 810 75-519
E-mail:       deag@edicto.de
Internet:     www.deag.de
ISIN:         DE000A0Z23G6
WKN:          A0Z23G
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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