bmp media investors AG / Key word(s): Quarter Results
27.04.2015 11:00
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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bmp media investors AG: Profit of EUR 1.1 million in first quarter of 2015
Berlln, 27 April 2015 - bmp media investors AG (ISIN DE0003304200) is today
announcing its provisional figures according to IFRS for the first quarter
of 2015.
On 4 February 2015, the Executive Board, with the consent of the
Supervisory Board, resolved to discontinue the venture capital business. As
a result, this business is classified as "discontinued operations" as per
IFRS 5. Revenue from this area ("income from disposal of investments and
securities") is no longer presented as such; instead, the total result from
discontinued operations is reported under the result from ordinary
activities.
Accordingly, the company closed the first quarter of 2015 with revenue of
EUR 0.00 (previous year: EUR 0.00).
The result from ordinary activities was minus EUR 0.08 million (previous
year: minus EUR 0.11 million), while the result from discontinued
operations was EUR 1.13 million (previous year: minus EUR 0.72 million). In
total, therefore, a quarterly profit of EUR 1.1 million was generated (same
period of the previous year: minus EUR 0.8 million).
The company's equity increased from EUR 19.3 million as of 31 March 2014 to
EUR 20.9 million (EUR 1.01/share).
In the first quarter, the two investments Instream Media and Freshmilk
NetTV were sold their entirety, and 170,000 shares of Heliocentris Energy
Solutions AG were placed over the counter. More sales of investments are
expected in the second quarter, as is the first majority takeover of a
company.
The quarterly report will be published on 29 May 2015 at
www.mediainvestors.com.
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Information and Explaination of the Issuer to this News:
For further information
bmp media investors AG
Corinna Riewe
SchlüterstraÃe 38
10629 Berlin
Tel.: +49 30 2030 5567
criewe@bmp.com
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.
27.04.2015 The DGAP 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: 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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Warschau
End of Announcement DGAP News-Service
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DGAP-Adhoc: bmp media investors AG: Profit of EUR 1.1 million in first quarter of 2015
| Source: EQS Group AG