EANS-Adhoc: Century Casinos, Inc. Announces Second Quarter 2014 Results (with
document)
Geschrieben am 14-08-2014 |
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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announcement.
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Financial Figures/Balance Sheet/Company Information
14.08.2014
Colorado Springs, Colorado - August 14, 2014 - Century Casinos, Inc.
(NASDAQ Capital Market® and Vienna Stock Exchange: CNTY) today
announced its financial results for the three and six months ended
June 30, 2014.
Second Quarter 2014 Highlights*
- Net operating revenue was $31.6 million, an 11% increase from the three
months ended June 30, 2013.
- Adjusted EBITDA** was $3.2 million, an 18% decrease from the three months
ended June 30, 2013.
- Net earnings attributable to Century Casinos, Inc. shareholders were $0.2
million, a 96% decrease from the three months ended June 30, 2013.
- Earnings per share were $0.01.
- Book value per share *** at June 30, 2014 was $5.02.
| |For the Three Months |For the Six Months |
|Amounts in thousands, |Ended June 30 , |Ended June 30, |
|except per share data | | |
|Consolidated Results: |2014 |2013 |% |2014 |2013 |% |
| | | |Change| | |Change|
|Net operating revenue |$31,555|$28,348|11% |$60,665|46,337|31% |
|Earnings from operations|322 |2,083 |(85%) |1,305 |4,129 |(68%) |
|Net earnings |156 |3,657 |(96%) |667 |5,319 |(88%) |
| | | | | | | |
|Adjusted EBITDA** |$3,154 |$3,863 |(18%) |5,925 |7,101 |(17%) |
| | | | | | | |
|Earnings per share: | | | | | | |
|Basic |$0.01 |$0.15 |(93%) |$0.03 |$0.22 |(86%) |
|Diluted |$0.01 |$0.15 |(93%) |$0.03 |$0.22 |(86%) |
|Weighted average common | | | | | | |
|shares: | | | | | | |
|Basic |24,381 |24,128 | |24,380 |24,128| |
|Diluted |24,420 |24,209 | |24,389 |24,183| |
"The 11% increase in net operating revenue was mostly driven by Casinos Poland.
Net cash provided by operating activities remained flat, but Adjusted EBITDA
fluctuated significantly from month to month during the quarter. Construction
for the Century Downs Racetrack and Casino in Calgary is progressing on-budget
and the project is on schedule for a March 2015 opening," said Erwin Haitzmann
and Peter Hoetzinger, Co Chief Executive Officers of Century Casinos.
Three and Six Months Ended June 30, 2014 Results*
Net operating revenue increased by $3.2 million, or 11%, and increased by $14.3
million, or 31%, for the three and six months ended June 30, 2014 compared to
the three and six months ended June 30, 2013. Following is a summary of the
changes in net operating revenue by property or category for the three and six
months ended June 30, 2014 compared to the three and six months ended June 30,
2013:
| | |
| | Net Operating Revenue |
| |For the Three Months |For the Six Months |
| |Ended June 30, |Ended June 30, |
| |2014/2013 |2014/2013 |
|Amounts in millions|Change |% Change |Change |% Change |
|Century Casino & |$0.1 |1% |$(0.3) |(2%) |
|Hotel, Edmonton | | | | |
|Century Casino, |0.2 |11% |0.0 |1% |
|Calgary | | | | |
|Century Casino & |(0.3) |(7%) |(0.8) |(9%) |
|Hotel, Central City| | | | |
|Century Casino & |(0.5) |(16%) |(0.9) |(15%) |
|Hotel, Cripple | | | | |
|Creek | | | | |
|Casinos Poland |3.4 |31% |15.8 |145% |
|Cruise Ships & | | | | |
|Other |0.3 |18% |0.1 |3% |
|United Horsemen of | | | | |
|Alberta |0.1 |100% |0.4 |100% |
|Total |$3.2 |11% |14.3 |31% |
Earnings from operations decreased by ($1.8) million, or (85%), and decreased by
($2.8) million, or (68%), for the three and six months ended June 30, 2014
compared to the three and six months ended June 30, 2013. Following is a
summary of changes in earnings from operations by property or category for the
three and six months ended June 30, 2014 compared to the three and six months
ended June 30, 2013:
| | |
| | Earnings from Operations |
| |For the Three Months |For the Six Months |
| |Ended June 30, |Ended June 30, |
| |2014/2013 |2014/2013 |
|Amounts in millions|Change |% Change |Change |% Change |
|Century Casino & |$0.1 |4% |$(0.1) |(3%) |
|Hotel, Edmonton | | | | |
|Century Casino, |0.1 |964% |0.0 |(6%) |
|Calgary | | | | |
|Century Casino & |(0.1) |(12%) |(0.4) |(35%) |
|Hotel, Central City| | | | |
|Century Casino & |(0.4) |(69%) |(0.8) |(74%) |
|Hotel, Cripple | | | | |
|Creek | | | | |
|Casinos Poland |(1.1) |(208%) |(1.1) |(203%) |
|Cruise Ships & | | | | |
|Other |(0.1) |(44%) |(0.1) |(41%) |
|United Horsemen of | | | | |
|Alberta |(0.2) |(100%) |0.0 |0% |
|Corporate |(0.1) |(5%) |(0.3) |(9%) |
|Total |$(1.8) |(85%) |(2.8) |(68%) |
Net earnings decreased by ($3.5) million, or (96%), and decreased by ($4.7)
million, or (88%), for the three and six months ended June 30, 2014 compared to
the three and six months ended June 30, 2013. Following is a summary of the
changes in net earnings (loss) by property or category for the three and six
months ended June 30, 2014 compared to the three and six months ended June 30,
2013:
| | |
| | Net Earnings |
| |For the Three Months |For the Six Months |
| |Ended June 30, |Ended June 30, |
| |2014/2013 |2014/2013 |
|Amounts in millions|Change |% Change |Change |% Change |
|Century Casino & |$0.0 |2% |$(0.2) |(5%) |
|Hotel, Edmonton | | | | |
|Century Casino, |0.0 |(35%) |(0.1) |(49%) |
|Calgary | | | | |
|Century Casino & |0.0 |(12%) |(0.2) |(35%) |
|Hotel, Central City| | | | |
|Century Casino & |(0.3) |(67%) |(0.5) |(74%) |
|Hotel, Cripple | | | | |
|Creek | | | | |
|Casinos Poland |(0.7) |(205%) |(0.7) |(195%) |
|Cruise Ships & | | | | |
|Other |0.0 |(44%) |(0.1) |(45%) |
|United Horsemen of | | | | |
|Alberta |0.0 |(100%) |0.0 |(100%) |
|Corporate |(2.5) |(229%) |(2.9) |(1817%) |
|Total |$(3.5) |(96%) |(4.7) |(88%) |
Items deducted from or added to earnings from operations to arrive at net
earnings include interest income, interest expense, gains on foreign currency
transactions, gain on business combination, income tax expense and
non-controlling interests.
The period over period increase in net operating revenue and decrease in net
earnings for the six months ended June 30, 2014 compared to the six months ended
June 30, 2013 primarily relate to the inclusion of operating results from
Casinos Poland Ltd. ("Casinos Poland" or "CPL") in the second quarter of 2013 as
a result of the Company's purchase of an additional 33.3% ownership interest in
CPL in April 2013. Prior to the acquisition of this additional interest in CPL,
the Company owned 33.3% of CPL and accounted for the CPL ownership interest as
an equity investment. CPL contributed $26.7 million in net operating revenue and
$0.3 million in net losses from January 1, 2014 through June 30, 2014. In
addition, the consolidation of United Horsemen of Alberta, Inc. ("UHA") as of
November 29, 2013 as a minority owned subsidiary for which we have a controlling
financial interest affects the comparability of 2014 and 2013 financial results.
UHA contributed $0.4 million in net operating revenue and less than $0.1 million
in net losses from January 1, 2014 through June 30, 2014.
For the three months ended June 30, 2013, the Company recognized a gain of $2.1
million as a result of measuring at fair value its initial 33.3% ownership
interest in CPL held prior to the acquisition date. As a result, the Corporate
Other category reported net earnings of $1.1 million and $0.2 million for the
three and six months ended June 30, 2013, respectively.
Property and Category Results (in thousands)*
The following are property and category results for net operating revenue and
Adjusted EBITDA**.
{ Table with details in attached pdf }
Balance Sheet and Liquidity
As of June 30, 2014, the Company had $26.5 million in cash and cash equivalents
and $35.7 million in outstanding debt on its balance sheet compared to $27.4
million in cash and cash equivalents and $34.1 million in debt obligations at
December 31, 2013. The $35.7 million in outstanding debt includes $7.3 million
related to CPL, $18.3 million related to a long-term land lease by UHA and $10.1
million related to the Company's Bank of Montreal credit agreement ("BMO Credit
Agreement").
The Company has a committed term sheet from the Bank of Montreal for an
additional CAD 11.0 million to finance Century Downs Racetrack and Casino, which
the Company will exclusively manage upon completion. The Company has pledged its
15% ownership interest in UHA as collateral for the loan.
Conference Call Information
Today the Company will post a copy of the quarterly report on Form 10-Q filed
with the SEC for the quarter ended June 30, 2014 on its website at
http://corporate.cnty.com/investor-relations/sec-filings.
Century Casinos will host its second quarter 2014 earnings conference call today
at 8:00 am MDT; 4:00 pm CET, respectively. U.S. domestic participants should
dial 1-888-523-1225. For all international participants, please use 719-457-2664
to dial-in. Participants may listen to the call live or obtain a recording of
the call on the Company's website until August 30, 2014 at
http://corporate.cnty.com/investor-relations/sec-filings.
(continued)
CENTURY CASINOS, INC. AND SUBSIDIARIES
FINANCIAL INFORMATION - US GAAP BASIS (unaudited)
Century Casinos, Inc.
Condensed Consolidated Statements of Earnings (unaudited)
| |For the Three |For the Six |
| |Months Ended |Months Ended |
| |June 30, |June 30, |
|Amounts in thousands, except for |2014 |2013 |2014 |2013 |
|per share information | | | | |
|Operating revenue: | | | | |
|Net operating revenue |$31,555 |$28,348 |$60,665 |$46,337 |
|Operating costs and expenses: | | | | |
|Total operating costs and expenses |31,233 |26,233 |59,360 |42,080 |
|(Loss) form equity investment |0 |(32) |0 |(128) |
|Earnings from operations |322 | 2,083 |1,305 |4,129 |
|Non-operating (expense) income, net|(605) |1,976 |(1,146) |1,909 |
|(Loss) earnings before income taxes|(283) |4,059 |159 |6,038 |
|Income tax provision |433 |236 |648 | 553 |
|Net (loss) earnings |(716) |3,823 |(489) | 5,485 |
|Net loss (earnings) attributable to|872 |(166) |1,156 |(166) |
|non-controlling interest | | | | |
|Net earnings attributable to |$156 |$3,657 |$667 |$5,319 |
|Century Casinos, Inc. shareholders | | | | |
| | | | | |
|Earnings per share attributable to | | | | |
|Century Casinos, Inc. - basic and | | | | |
|diluted: | | | | |
| Basic |$0.01 |$0.15 |$0.03 |$0.22 |
| Diluted |$0.01 |$0.15 |$0.03 |$0.22 |
Century Casinos, Inc.
Condensed Consolidated Balance Sheets
(Amounts in thousands)
| | | |
|Century Casinos, Inc. | | |
|Condensed Consolidated Balance Sheets | | |
|(Amounts in thousands) | | |
| |June |December |
| |30, |31, |
| |2014 |2013 |
|Assets | | |
|Current assets |$31,149 |$32,360 |
|Property and equipment, net |134,680 |132,639 |
|Other assets |24,656 |25,625 |
|Total assets |$190,485 |$190,624 |
| | | |
|Liabilities and Shareholders' Equity | | |
|Current liabilities |$27,802 |$26,801 |
|Non-current liabilities |34,286 |34,373 |
|Shareholders' equity |128,397 |129,450 |
|Total liabilities and shareholders' equity |$190,485 |$190,624 |
Century Casinos, Inc.
Adjusted EBITDA Margins ** by Property or Category (unaudited)
| | | |
| |For the Three Months|For the Six Months|
| |Ended June 30, |Ended June 30, |
| |2014 |2014 |2014 |2013 |
|Century Casino & Hotel, Edmonton |37% |36% |36% |37% |
|Century Casino, Calgary |16% |10% |12% |13% |
|Century Casino & Hotel, Central City |18% |19% |16% |19% |
|Century Casino & Hotel, Cripple Creek|18% |27% |16% |26% |
|Casinos Poland |7% |10% |7% |10% |
|Cruise Ships & Other |10% |15% |12% |16% |
|United Horsemen Alberta |(296%) |N/A *** |(25%) |N/A *** |
|Consolidated Adjusted EBITDA Margin |10% |14% |10% |15% |
*** The Company began consolidating UHA as a minority owned subsidiary for which
it has a controlling financial interest on November 29, 2013.
Reconciliation of Adjusted EBITDA * to Net Earnings (Loss) by Property or
Category
For the three months ended June 30, 2014
Amounts in thousands
| |Three Months Ended June 30, 2014 |
| |Edmon-|Cal- |Cent-|Crip-|Casinos|Cruise|United|Corpor |Total |
| |ton |gary |ral |ple |Poland |Ships&|Horse-|ate | |
| | | |City |Creek| |Other |men of| | |
| | | | | | | |Albert| | |
|Net | | | | | | | | | |
|earnings | | | | | | | | | |
|(loss) |$1,443|$30 |$269 |$123 |$(348) |$60 |($43) |($1,378)|$156 |
|Interest | | | | | | | | | |
|income |0 |0 |0 |0 |(31) |0 |0 |(16) |(47) |
|Interest | | | | | | | | | |
|expense |102 |0 |0 |0 |98 |0 |494 |3 |697 |
|Income | | | | | | | | | |
|taxes | | | | | | | | | |
|(benefit) |518 |88 |165 |68 |(71) |13 |26 |(374) |433 |
|Depreciation| | | | | | | | | |
|and | | | | | | | | | |
|amortization|247 |243 |307 |287 |723 |111 |0 |42 |1,960 |
|Non- | | | | | | | | | |
|controlling | | | | | | | | | |
|interest |0 |0 |0 |0 |(174) |0 |(698) |0 |(872) |
|Non-cash | | | | | | | | | |
|stock based | | | | | | | | | |
|compensation|0 |0 |0 |0 |0 |0 |0 |21 |21 |
|Foreign | | | | | | | | | |
|currency | | | | | | | | | |
|losses | | | | | | | | | |
|(gains) |6 |3 |0 |0 |(68) |1 |17 |(4) |(45) |
|(Gain) loss | | | | | | | | | |
|on | | | | | | | | | |
|disposition | | | | | | | | | |
|of fixed | | | | | | | | | |
|assets |0 |0 |1 |0 |737 |3 |0 |0 |741 |
|Impairments | | | | | | | | | |
|and other | | | | | | | | | |
|write-offs |0 |0 |0 |0 |110 |0 |0 |0 |110 |
|Adjusted | | | | | | | | | |
|EBITDA* |$2,316|$364 |$742 |$478 |$976 |$188 |$(204)|($1,706)|$3,154|
Century Casinos, Inc. Reconciliation of Adjusted EBITDA * to Net
Earnings (Loss) by Property or Category For the three months ended
June 30, 2013
Amounts in thousands
| |Three Months Ended June 30, 2013
| |Edmon-|Cal-|Central|Cripple|Casinos|Cruise|Corp. |Total
| |ton |gary|City |Creek |Poland |ships | |
| | | | | | |&Other| |
|Net earnings (loss)|$1,421|$46 |$305 |$376 |$333 |$108 |$1,068 |$3,657
| | | | | | | | |
| | | | | | | | |
|Interest income |0 |0 |0 |0 |(1) |0 |(4) |(5)
|Interest expense |121 |0 |0 |0 |138 |4 |1 |264
|Income taxes | | | | | | | |
|(benefit) |452 |(59)|188 |231 |(12) |20 |(584) |236
|Depreciation |257 |230 |333 |236 |607 |101 |31 |1,795
|Non-controlling | | | | | | | |
|interest |0 |0 |0 |0 |166 |0 |0 |166
|Non-cash stock | | | | | | | |
|based compensation |0 |0 |0 |0 |0 |0 |1 |1
|Foreign currency | | | | | | | |
|losses (gains) |2 |(1) |0 |0 |(74) |0 |(88) |(161)
|(Gain) loss on | | | | | | | |
|disposition of | | | | | | | |
|fixed assets |0 |0 |0 |0 |(16) |0 |0 |(16)
|Gain on business | | | | | | | |
|combination |0 |0 |0 |0 |0 |0 |(2,074)|(2,074)
|Adjusted EBITDA* |$2,253|$216|$826 |$843 |$1,141 |$233 |(1,649)|$3,863
Reconciliation of Adjusted EBITDA * to Net Earnings (Loss) by Property or
Category
For the six months ended June 30, 2014
| |Six Months Ended June 30, 2014 |
| |Edmon-|Cal- |Cent-|Crip-|Casinos|Cruise|United|Corpor |Total |
| |ton |gary |ral |ple |Poland |Ships&|Horse-|ate | |
| | | |City |Creek| |Other |men of| | |
| | | | | | | |Albert| | |
|Net | | | | | | | | | |
|earnings | | | | | | | | | |
|(loss) |$2,866|$87 |$427 |$174 |$(317) |$170 |($45) |($2,695)|$667 |
|Interest | | | | | | | | | |
|income |0 |0 |0 |0 |(32) |0 |0 |(29) |(61) |
|Interest | | | | | | | | | |
|expense |204 |0 |0 |0 |194 |0 |982 |2 |1,382 |
|Income | | | | | | | | | |
|taxes | | | | | | | | | |
|(benefit) |949 |19 |262 |107 |(91) |34 |44 |(676) |648 |
|Depreciation| | | | | | | | | |
|and | | | | | | | | | |
|amortization|485 |460 |600 |528 |1,416 |209 |0 |72 |3,770 |
|Non- | | | | | | | | | |
|controlling | | | | | | | | | |
|interest |0 |0 |0 |0 |(158) |0 |(998) |0 |(1,156)|
|Non-cash | | | | | | | | | |
|stock based | | | | | | | | | |
|compensation|0 |0 |0 |0 |0 |0 |0 |43 |43 |
|Foreign | | | | | | | | | |
|currency | | | | | | | | | |
|losses | | | | | | | | | |
|(gains) |(28) |(11) |0 |0 |(164) |1 |17 |10 |(175) |
|(Gain) loss | | | | | | | | | |
|on | | | | | | | | | |
|disposition | | | | | | | | | |
|of fixed | | | | | | | | | |
|assets |0 |0 |1 |0 |769 |3 |0 |0 |800 |
|Impairments | | | | | | | | | |
|and other | | | | | | | | | |
|write-offs |0 |0 |0 |0 |110 |0 |(103) |0 |7 |
|Adjusted | | | | | | | | | |
|EBITDA* |$4,476|$555 |$1,290|$809|$1,754 |$417 |$(103)|($3,273)|$5,925 |
Century Casinos, Inc.
Reconciliation of Adjusted EBITDA * to Net Earnings (Loss) by Property or
Category
For the six months ended June 30, 2013
| |Six Months Ended June 30, 2013
| |Edmon-|Cal-|Central|Cripple|Casinos|Cruise|Corp. |Total
| |ton |gary|City |Creek |Poland |ships | |
| | | | | | |&Other| |
|Net earnings (loss)|$3,019|$171|$660 |$672 |$333 |$307 |$157 |$5,319
| | | | | | | | |
| | | | | | | | |
|Interest income |0 |0 |0 |0 |(1) |0 |(10) |(11)
|Interest expense |211 |0 |0 |0 |138 |(3) |(2) |344
|Income taxes | | | | | | | |
|(benefit) |899 |(65)|405 |412 |(12) |41 |(1,127)|553
|Depreciation |517 |463 |663 |475 |607 |202 |59 |2,986
|Non-controlling | | | | | | | |
|interest |0 |0 |0 |0 |166 |0 |0 |166
|Non-cash stock | | | | | | | |
|based compensation |0 |0 |0 |0 |0 |0 |3 |3
|Foreign currency | | | | | | | |
|losses (gains) |(22) |(5) |0 |0 |(74) |0 |(67) |(168)
|(Gain) loss on | | | | | | | |
|disposition of | | | | | | | |
|fixed assets |0 |0 |(5) |0 |(16) |4 |0 |(17)
|Gain on business | | | | | | | |
|combination |0 |0 |0 |0 |0 |0 |(2,074)|(2,074)
|Adjusted EBITDA* |$4,624|$564|$1,723 |$1,559 |$1,141 |$551 |(3,061)|$7,101
* The Company defines Adjusted EBITDA as net earnings (loss) before interest,
income taxes (benefit), depreciation, amortization, non-controlling interest,
pre-opening expenses, non-cash stock based compensation charges, asset
impairment costs, (gain) loss on disposition of fixed assets, discontinued
operations, realized foreign currency (gains) losses, gain on business
combination and certain other one-time items. Intercompany transactions
consisting primarily of management and royalty fees and interest, along with
their related tax effects, are excluded from the presentation of net earnings
(loss) and Adjusted EBITDA reported for each property. Not all of the
aforementioned items occur in each reporting period, but have been included in
the definition based on historical activity. These adjustments have no effect on
the consolidated results as reported under accounting principles generally
accepted in the United States of America ("US GAAP"). Adjusted EBITDA is not
considered a measure of performance recognized under US GAAP. Management
believes that Adjusted EBITDA is a valuable measure of the relative performance
of the Company and its properties. The gaming industry commonly uses Adjusted
EBITDA as a method of arriving at the economic value of a casino operation.
Management uses Adjusted EBITDA to compare the relative operating performance of
separate operating units by eliminating the above mentioned items associated
with the varying levels of capital expenditures for infrastructure required to
generate revenue, and the often high cost of acquiring existing operations.
Adjusted EBITDA is used by the Company's lending institution to gauge operating
performance. The Company's computation of Adjusted EBITDA may be different from,
and therefore may not be comparable to, similar measures used by other companies
within the gaming industry. Please see the reconciliation of Adjusted EBITDA to
net earnings (loss) above.
** The Company defines Adjusted EBITDA margin as Adjusted EBITDA divided by net
operating revenue. Management uses this margin as one of several measures to
evaluate the efficiency of the Company's casino operations.
About Century Casinos, Inc.:
Century Casinos, Inc. is an international casino entertainment company that
operates 30 casinos worldwide. The Company owns and operates Century Casino &
Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta,
Canada and the Century Casino in Calgary, Alberta, Canada. The Company also
operates casinos aboard 15 luxury cruise vessels (Regatta, Nautica, Insignia,
Marina, Riviera, Mein Schiff 1, Mein Schiff 2, Mein Schiff 3, Wind Surf, Wind
Star, Wind Spirit, Star Pride, Seven Seas Voyager, Seven Seas Mariner, Seven
Seas Navigator) and the casino on the cruise ferry Nova Star. Through its
Austrian subsidiary, Century Casinos Europe GmbH, the Company holds a 66.6%
ownership interest in Casinos Poland Ltd., the owner and operator of nine
casinos in Poland. The Company also manages the operations of the casino at the
Radisson Aruba Resort, Casino & Spa in Aruba, Caribbean. The Company is
currently developing the Century Downs Racetrack and Casino in the north
metropolitan area of Calgary, Alberta, Canada that will include a horse race
track and other gaming, restaurant and entertainment facilities. Century
Casinos, Inc. continues to pursue other international projects in various stages
of development.
For more information about Century Casinos, visit our website at
www.centurycasinos.com. Century Casinos' common stock trades on The NASDAQ
Capital Market® and the Vienna Stock Exchange under the symbol CNTY.
This release may contain "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, Section 21E of the
Securities Exchange Act of 1934, as amended, and the Private Securities
Litigation Reform Act of 1995. These statements are based on the beliefs and
assumptions of the management of Century Casinos based on information currently
available to management. Such forward-looking statements include, but are not
limited to, statements regarding future results of operations (including results
for Casinos Poland, Ltd.), operating efficiencies, synergies and operational
performance, development of and the prospects for the Century Downs Racetrack
and Casino project, debt repayment and plans for our casinos and our Company.
Such forward-looking statements are subject to risks, uncertainties and other
factors that could cause actual results to differ materially from future results
expressed or implied by such forward-looking statements. Important factors that
could cause actual results to differ materially from the forward-looking
statements include, among others, the risks described in the section entitled
"Risk Factors" under Item 1A in our Annual Report on Form 10-K for the year
ended December 31, 2013. Century Casinos disclaims any obligation to revise or
update any forward-looking statement that may be made from time to time by it or
on its behalf.
Attachments with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/1e7RzKIX
Further inquiry note:
Century Casinos Europe GmbH
Mag. Peter Hötzinger, CO-CEO
Tel.:0664/3553935
mailto:peter.hoetzinger@cnty.com
http://www.cnty.com
end of announcement euro adhoc
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Attachments with Announcement:
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http://resources.euroadhoc.com/us/1e7RzKIX
issuer: Century Casinos,Inc.
c/o Century Casinos Europe GmbH, Untere Viaduktgasse 2
A-1030 Wien
phone: +43/664/3553935
FAX: +43/1/5336363
mail: peter.hoetzinger@cnty.com
WWW: www.cnty.com
sector: Casinos & Gambling
ISIN: AT0000499900
indexes: WBI, ATX Prime
stockmarkets: official market: Wien
language: English
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weitere Artikel:
- EANS-Adhoc: Century Casinos gibt Ergebnis für das Zweite Quartal 2014 bekannt
(mit Dokument) --------------------------------------------------------------------------------
Ad-hoc-Mitteilung übermittelt durch euro adhoc mit dem Ziel einer
europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich.
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Geschäftszahlen/Bilanz/Unternehmen
14.08.2014
Colorado Springs, Colorado, 14. August 2014 - Century Casinos, Inc.
(NASDAQ Capital Market® und Wiener Börse: CNTY) gab heute das
Ergebnis für das am 30. Juni 2014 endende zweite Quartal mehr...
- MR Mikrofinanz GmbH verschafft Privatanlegern neue Chancen --------------------------------------------------------------
Kostenfreie Infobroschüre
http://ots.de/6ZxlL
--------------------------------------------------------------
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Dazu zählt der Zugang zu dringend benötigtem Kapital zu
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- EANS-Hauptversammlung: Telekom Austria AG / Ergebnisse zur Hauptversammlung --------------------------------------------------------------------------------
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Inhalt ist der Emittent verantwortlich.
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Sehr geehrte Damen und Herren,
hiermit informieren wir Sie über die Beschlüsse und
Abstimmungsergebnisse der am 14. August 2014 um 10:00 Uhr in der
Stadthalle Wien, Halle F, A-1150 Wien, Roland Rainer Platz 1,
stattgefundenen außerordentlichen Hauptversammlung. mehr...
- EANS-General Meeting: Telekom Austria AG / Resolutions of the General Meeting --------------------------------------------------------------------------------
General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Dear Sir or Madam,
Hereby we would like to inform you about the resolutions and voting
results of the Extraordinary General Meeting, which took place on 14
August, 2014, at 10:00 a.m. at the Vienna Stadthalle, Halle F, A-1150
Vienna, Roland Rainer Platz mehr...
- SIGNA übernimmt alle Anteile an der Karstadt-Gruppe von Berggruen Holdings New York (ots) -
- Übertragung von 100% der Anteile an Karstadt Warenhaus GmbH
sowie jeweils weiterer 24,9% der Anteile an Karstadt Premium
Group und Karstadt Sports
- Berggruen: "Wir machen den Weg frei für einen Neuanfang."
New York, 15. August 2014 - Im Zuge der Ausübung einer zwischen
den Parteien vereinbarten Call Option überträgt die Berggruen
Holdings sämtliche Anteile an der Karstadt Warenhaus GmbH sowie der
verbliebenen Anteile an den Geschäftsbereichen Karstadt Premium Group
und Karstadt Sports an SIGNA mehr...
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