DGAP-Adhoc: DEAG Deutsche Entertainment Aktiengesellschaft continues growth in sales revenues and result during the first quarter 2013

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

23.05.2013 10:54

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.

---------------------------------------------------------------------------

DEAG continues growth in sales revenues and result during the first quarter
2013

Berlin, May 23, 2013 - DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G6)
has closed the first quarter of fiscal 2013 with increases in sales
revenues and result, whereby the second and fourth quarters are seasonally
particularly strong for traditional reasons in the course of a year. This
is already clearly reflected by the advance sales.

Earnings before taxes amounted to EUR 1.2 million and were more than 10 %
above the prior year value of EUR 1.1 million. The earnings before interest
and taxes (EBIT) improved by around 7 % to EUR 1.3 million. During the
first quarter sales revenues reached already EUR 28.5 million and were
hence 5 % higher than during the prior year period. The disproportionately
high growth in result is attributable to the significantly declining
minority shares and the constantly growing share of high-margin earnings,
amongst others from the ticketing cooperation with Ticketmaster Germany.

The current second quarter is marked by a bulging event pipeline - for the
forthcoming three-month period ticket sales exceed for the first time 1.1
million. There are likewise first indications pointing to a strong result
trend, more particularly for the fourth quarter.

The event pipeline of DEAG includes all genres. In the Classical Music
business unit these are, amongst others, open airs by David Garrett in
Germany, Lang Lang in Switzerland, concerts by Jonas Kaufmann and Rolando
Villazón in London or the sold-out two-week guest performance of our Swan
Lake production in the Royal Albert Hall, likewise in London. The Rock/Pop
business unit is marked, for instance, by the open airs with Peter Maffay,
tours and concerts with Fleetwood Mac, Sting, KISS and Santana as well as
large stadium concerts with Bruce Springsteen, Roger Waters and Bon Jovi.
The current concert portfolio includes in the Middle-of-the-Road/German Hit
Songs segment e.g. also Echo award winner Andreas Gabalier, Hansi
Hinterseer and many other artists. The Family Entertainment business unit
grows alongside sports events in large arenas such as Night of the Jumps
also with the sensation show Exxtrem, which DEAG presents in the FlicFlac
circus.

EXPLANATORY PART

Christian Diekmann, member of the Executive Board of DEAG, comments on
Q1/2013: 'More net from gross - that's the resolution that we have
consistently implemented for our shareholders since the beginning of 2013.
The basis for a strong fiscal 2013 has been created in a verifiable manner,
and DEAG will continue to be successful as an integrated Entertainment
Content Company.'

The Interim Group Report for the first quarter 2013 will be published on
May 31, 2013 on www.deag.de in the Investor Relations section.

DEAG Deutsche Entertainment AG
The Executive Board


For further information please contact:
Axel Muehlhaus
edicto GmbH
Eschersheimer Landstr.42 
60322 Frankfurt/M
Germany
Tel: +49-69-90 550 552
Fax: +49-69-90 550 577
Email: deag@edicto.de


23.05.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      DEAG Deutsche Entertainment Aktiengesellschaft
              Potsdamer Straße 58
              10785 Berlin
              Germany
Phone:        +49-30-810 75-0
Fax:          +49-30-810 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
 
---------------------------------------------------------------------------