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ots Ad hoc-Service: splendid medien AG <DE0007279507> Splendid Medien in the first nine months 2000 - Continued growth in sales and profits

Cologne (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
* sales in third quarter increased by 69 percent
   * DVFA result of the first nine months rose by 163.7 percent
   * DVFA result per share: DM 1.20
The first nine months of the current fiscal year at Splendid
Medien AG, Cologne, were characterised by marked growth. Sales
reached DM 21.2 million in the third quarter, surpassing the
comparative value for the prior year by 69 percent.
Splendid's accumulated turnover for the first nine months of the
current fiscal year was DM 48.2 million, which is 44.8 percent higher
than the figure for the comparative period in the prior year. The
main pillar of sales - contributing DM 38.6 million or 80 percent of
overall revenue - was the licensing division. It increased by 68
percent. The Video/DVD division contributed 14 percent of overall
sales with sales of DM 6.7 million and is thus the second-largest
business division. DM 3.0 million or 6 percent were realised in the
post- production division. The latter division demonstrated 83
percent growth over the prior year. Splendid generated more than 70
percent of overall revenue abroad.
EBITDA (earnings before interest, tax, depreciation and
amortisation) surpassed the previous year's figure by 65.9 percent at
DM 38.1 million. Splendid has tripled investments in its film library
and appropriated DM 74.3 million for this purpose over the last nine
months. Depreciation on film assets is DM 34.2 million, which
produces an EBIT (earnings before interest and tax) of DM 3.2
million. The DFVA result was up 163.7 percent to DM 10.7 million.
Based on the DFVA result, return on sales is 22.2 percent and the
DVFA result per share is DM 1.20.
By the end of the year, Splendid anticipates further highly
satisfactory rates of growth and plans to further push rates in the
coming year.
Further information is available at www.splendid-medien.de or from
the following person:
Splendid Medien AG 
   Karin Opgenoorth 
   Alsdorfer Str. 3 
   50933 Köln
   Telefon: 0221-95 42 32 99 Fax: 0221-95 42 32 8 
   e-Mail:  karin.opgenoorth@splendid-medien.de
End
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