PROCON MultiMedia AG / Quarter Results 27.05.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Hamburg, 28 May 2008 - PROCON MultiMedia AG (ISIN: DE0005122006, Prime Standard), an internationally leading full-service provider of technical equipment for events, film and TV productions, achieved another sales increase in the first quarter 2008. The company reports Q1 sales of EUR 21.3 million, a gross profit of EUR 3.6 million (previous year: EUR 20.4 million and EUR 3.4 million, respectively) and a net profit of EUR 0.7 million compared to EUR 0.2 million in the previous year. EBIT declined from EUR 0.9 million to EUR -0.2 million mainly because of lower book profits from the sale of used rental equipment. As this years auction is scheduled to take place at a later date, the respective book profits will be reflected in Q2 earnings. In light of the sustained positive business trend and the continuing positive outlook, the company has recognised deferred tax assets of EUR 1.6 million, resulting in the net profit for the period rising from EUR 0.2 million to EUR 0.7 million. Earnings per share rose from 2 cent in the previous year to 4 cent. During the first quarter PROCON provided technical equipment for such high-profile events as the Echo awards and the Goldene Kamera awards in Berlin. At present PROCON is acting as a technical full-service provider to the Eurovision Song Contest in Belgrade and is installing PA systems at the Olympic sports venues in Beijing. In addition, the company is gearing up for a number of events related to EURO 2008. Press contact: PROCON MultiMedia AG Lars Schwarz Bredowstraße 34 22113 Hamburg Tel. (040) 670 886 0 Fax (040) 670 886 399 info@procon.com www.procon.com DGAP 27.05.2008 --------------------------------------------------------------------------- Language: English Issuer: PROCON MultiMedia AG Bredowstraße 34 22113 Hamburg Deutschland Phone: +49 (0) 670 886 0 Fax: +49 (0) 670 886 399 E-mail: aktie@procon-online.de Internet: ISIN: DE0005122006 WKN: 512200 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: PROCON raises Q1 sales to EUR 21.3 million / Earnings per share rise to 4 cent
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