Ismaning, June 26, 2017 - At the level of the annual financial statements, Constantin Medien AG will presumably close the 2016 financial year with a net loss of EUR 2.1 million. This is due to the fact that the fully consolidated subsidiary Highlight Communications AG, in contrast to previous years and despite available funds, did not pay a dividend to its shareholders. For the 2016 financial year an annual net profit of Constantin Medien AG was expected significantly below the previous year's level of EUR 6.5 million.
However at Group level, all projections for the consolidated financial statements of the 2016 financial year will presumably be reached or exceeded. Sales will presumably be at EUR 565.7 million (Forecast: EUR 522 million to EUR 562 million), EBIT at EUR 39.5 million (Forecast: EUR 29 million to EUR 33 million) and earnings attributable to shareholders at EUR 8.3 million (Forecast: EUR 6 million to EUR 9 million).
The audited consolidated financial statements and annual financial statements for the 2016 financial year are scheduled to be published on Friday, June 30, 2017.
About Constantin Medien AG:
ISIN: DE0009147207, DE000A1R07C3
WKN: 914720, A1R07C
Listed: Regulated Market (Prime Standard) in Frankfurt, Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart and Tradegate Exchange
Contact PR:
Constantin Medien AG, Sabine Lais, Phone: +49 (0) 89 - 99 500 461, Fax: +49
(0) 89 - 99 500 466, E-Mail: sabine.lais@constantin-medien.de
Frank Elsner Kommunikation für Unternehmen GmbH, Phone: +49 (0) 5404 - 91 92 0,
Fax: +49 (0) 5404 - 91 92 29
Contact IR:
Constantin Medien AG, Dr. Peter Braunhofer, Phone: +49 (0)89 - 99 500 436,
Fax: +49 (0)89 - 99 500 433, E-Mail: ir@constantin-medien.de
Constantin Medien AG, Münchener Straße 101g, 85737 Ismaning, Phone: +49
(0)89 - 99 500 0, Fax: +49 (0)89 - 99 500 111
26-Jun-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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