All Stories
Follow
Subscribe to BRAINPOOL TV GmbH

BRAINPOOL TV GmbH

ots Ad hoc-Service: BRAINPOOL TV AG <DE0005188908> BRAINPOOL TV announces upward revision of its sales and profit targets for 2001 and 2002

Cologne (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
- BRAINPOOL TV announces upward
revision of its sales and profit targets for 2001 and 2002 - Company
expects substantial increase in broadcasting licence and
merchandising/print sales as a result of new projects
BRAINPOOL TV AG has announced an upward revision of its sales and
profit targets for 2001 and 2002. The sales forecast for 2001 has
been increased by DM 46.6 million to DM 161.1 million (previously DM
114.5 million). In 2002, sales are now expected to rise to DM 200
million (previously DM 155.3 million). In the light of recent
business deals, BRAINPOOL TV has also corrected its profit targets
(EBIT) upwards. For 2001, the company now expects earnings before
interest and taxes of DM 25.1 million, compared to DM 19.0 million
forecast so far. The target figure for 2002 has been raised from DM
31.7 million to DM 35.9 million.
The considerably higher sales expectations are primarily based on
two new projects: the cult show "TV total", which will be broadcast
daily as of January and the magazine of the same name, which will be
published in cooperation with Axel Springer Verlag. BRAINPOOL TV
plans to build the magazine into a DM 50 million business; a positive
earnings contribution is expected already for the second year.
The Managing Board Cologne
Ende
Internet: http://recherche.newsaktuell.de

Original content of: BRAINPOOL TV GmbH, transmitted by news aktuell

More stories: BRAINPOOL TV GmbH
More stories: BRAINPOOL TV GmbH