DGAP-Adhoc: DEAG Deutsche Entertainment Aktiengesellschaft with very strong 1st half-year 2013 in terms of sales revenues and result

DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Half Year
Results/Preliminary Results

27.08.2013 08:38

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.

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Ad hoc announcement in accordance with §15 WpHG (German Securities Trading
Act)

DEAG with very strong 1st half-year 2013 in terms of sales revenues and
result

- Sales revenues plus 45.3 percent

- EBIT plus 25.1 percent

- Group result plus 45.6 percent

- High backlog of orders and positive outlook for the 2nd half-year

Berlin, August 27, 2013 - DEAG Deutsche Entertainment AG (ISIN
DE000A0Z23G6) has closed a very positive 1st half-year 2013 with increasing
results, which represent further evidence for the strengths of DEAG and the
success of the strategic orientation. According to provisional numbers,
sales revenues improved by 45.3 percent versus the prior year period to EUR
95.6 million. The by far largest part of the growth was generated
organically. As expected, acquisitions made only a marginal contribution to
the improvement in sales revenues for the time being. During the
2nd quarter 2013 sales revenues rose by 73.8 percent to EUR 67.1 million.

The earnings before interest and taxes (EBIT) improved, according to the
preliminary results by 25.1 percent during the 1st half-year 2013 to
EUR 5.2 million. During the 2nd quarter the EBIT grew by 32.9 percent.
The group earnings after tax and minorities from continuing operations of
probably EUR 2.7 million reached during the 1st half-year a 45.6 percent
higher value than during the prior year period.

For the time being DEAG will take the expenditure in connection with the
judgment of the Berlin Court of Appeal in re 'Qivive' (cf. ad hoc
announcement of May 24, 2013) fully into account as discontinued operations
in the discontinued business unit in the half-year report. The original
claim of the opposing party would have amounted to a sum of EUR 8.1 million
incl. interest. A compromise entered into with the opposing party and
recourse claims against the firm of auditors already transferred to DEAG
have reduced this amount by now to EUR 2.47 million. Further damage claims
have been asserted and DEAG is confident that it can continue to reduce the
amount significantly.

Apart from the positive development of all group units DEAG also benefits
increasingly from the digitization of ticket sales in cooperation with
Ticketmaster Germany. These positive effects are currently continuing.

With the sold-out Black Sabbath concerts in Germany, concerts by Neil
Young, Nickelback, Iron Maiden and Fleetwood Mac, the successful show
EXXTREM with Circus FlicFlac, open air concerts by Bruce Springsteen and
the tour by Andreas Gabalier and many other productions, DEAG has started
successfully into the 2nd half-year.

Against the backdrop of the good advance ticket sales figures and the
bulging concert pipeline, the Executive Board assumes that the positive
business development will continue during the 2nd half-year, whereby the
focus will be on the 4th quarter. Consequently, DEAG intends to continue
its policy of rising dividends and have the shareholders participate in
this way in the continuously growing corporate success.

The interim report for the first six months will be available for
downloading on www.deag.de in the Investor Relations section from
August 30, 2013 onwards.

DEAG Deutsche Entertainment AG
The Executive Board

Contact for further information:
Axel Muehlhaus
edicto GmbH
Tel: +49-69-90 550 552
Email: deag@edicto.de

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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

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