bmp media investors AG / Key word(s): Quarter Results
14.05.2014 13:00
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Publication of figures for first quarter of 2014
- Net loss of EUR 0.8 million (-4 cents/share)
- Successful capital increase of EUR 1.9 million
- Significant positive result expected for 2014
bmp media investors AG (ISIN DE0003304200) is today announcing its IFRS
figures for the first quarter of 2014.
After a small profit of EUR 118 thousand in the first quarter of 2013, the
first quarter of 2014 closed with revenue of EUR 20 thousand (previous year
EUR 0) and a loss of EUR 834 thousand. This was due to the negative
performance of the two listed investments Heliocentris and K2 Internet (EUR
-651 thousand). As no sales of investments or major rounds of financing
took place in the first quarter and the investments developed positively
overall, there were otherwise only minimal value adjustments in the
portfolio.
Net asset value amounted to EUR 19.3 million as of 31 March 2014 (previous
year: EUR 17.1 million) or 93 cents/share (previous year: 91 cents/share).
Equity was further strengthened by the complete placement of an "up to 10%"
capital increase in February 2014. This increased the equity ratio to 96%
as of the end of the reporting period (previous year: 94%).
Cash and cash equivalents amounted to EUR 2.3 million at the end of the
first quarter, thus slightly below the previous year's figure of EUR 3.0
million. Listed securities decreased from EUR 4.3 million in the previous
year to EUR 3.4 million due to valuation effects.
No new investments were made in the first quarter, so the number of
holdings in the core portfolio remained constant at 18 companies. At least
three new investments are planned for the current financial year. In light
of the good condition of the portfolio and the strong growth momentum of
our investments, the Executive Board is forecasting at least two exits, a
net profit for the year and a significant improvement in net asset value.
The three-month report will be published on 30 May 2014 at
www.mediainvestors.com.
---------------------------------------------------------------------------
Information and Explaination of the Issuer to this News:
For further information:
Corinna Riewe
Investor Relations
criewe@bmp.com
Phone: +49-30-20 30 5 567
Fax: +49-30-20 30 5 555
bmp media investors AG, SchlüterstraÃe 38, D-10629 Berlin
http://www.mediainvestors.com
International securities identification number (ISIN): DE0003304200
This ad hoc report represents neither an offer nor a request for an offer
for the purchase of securities to be submitted - especially not in the USA
and not in countries or jurisdictions in which an offer, a request for an
offer for the purchase of securities to be submitted or the sale of
securities would not be permitted under the prevailing Securities Law
without prior registration or listing.
This ad hoc report represents neither an offer for the sale of shares made
out to the bearer nor a request for an offer for the purchase of shares to
be submitted. It is for information purposes only.
14.05.2014 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: bmp media investors AG
SchlüterstraÃe 38
10629 Berlin
Germany
Phone: +49 (0)30 20 305-0
Fax: +49 (0)30 20 305-555
E-mail: ir@bmp.com
Internet: www.mediainvestors.com
ISIN: DE0003304200
WKN: 330420
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart; Warschau
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: bmp media investors AG: Publication of figures for first quarter of 2014
| Source: EQS Group AG