euro adhoc: feratel media technologies AG
Financial Figures/Balance Sheet /
Consolidated sales up by 12 percent
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3-month report
30.09.2008
Following the most successful year in feratel´s history in 2007/2008, with consolidated sales totaling EUR 29.1 million euros, EBIT TEUR 1,425.4 and EBT TEUR 1,189.7, the first quarter of the current business year has been in line with expectations. "In the first three months of the business year, consolidated sales increased by 12 percent. We are on course to repeat the excellent results achieved in 2007/2008 as a platform from which we can then move forward again," says CEO Dr. Markus Schröcksnadel in his commentary on the figures for the first quarter. Consolidated sales were up from TEUR 4,371.0 in the first quarter of the previous year to TEUR 4,896.0 in the first quarter of 2008/2009. Consolidated EBITDA came to minus TEUR 268.8 compared with minus TEUR 116.3. EBIT was more or less unchanged at minus TEUR 1,111.7 after minus TEUR 1,046.7, as was EBT at minus TEUR 1,148.0 compared with minus TEUR 1,090.7. The figures for the first quarter at feratel are strongly impacted by seasonal factors, which generate negative results for the period every year.
Seasonal factors reinforced by Sitour
The fields of business at feratel media technologies AG and thus the company´s key ratios are subject to pronounced seasonal influences, an effect that is additionally reinforced by the fact that Sitour´s business activities have a similar seasonal focus. Sales in the Telecommunications Division, for example, are concentrated in the second half of the financial year, while overheads are distributed equally over the full twelve-month period. Similarly, on a number of major markets the period from May to October, i.e. the first two quarters of the business year, accounts for a mere five percent of income from advertising and also of related expenditures, while the third and fourth quarters generate the remaining 95 percent.
Highlights in the period under report
Given the diversity of our product portfolio and the increased use of synergies between Sitour and feratel, business activities were again buoyant in the first quarter of 2008/2009. In the Telecommunications Division, for example, further additions were made to the Europe-wide network of live panoramic camera sites in Belgium (Alden Biesen, Hasselt, Lommel), Switzerland (Grächen) and Austria. Numerous tourism destinations at home and abroad invested in the Deskline information and reservation system, including Courmayeur Tourism Association in Italy, Lenk-Simmental Tourismus AG and Davos-Klosters in Switzerland , the famous Czech ski area in Klinovec, and the three Slovak destinations Liptovské Revúce, Slovenský Raj and Spiská Nová Ves. feratel also did well once again with its outdoor information systems, with fourteen Infoterminals delivered to Italy, Greece and Austria. In the period under report, the company´s mobile destination portal feratelMobile made its debut on the Swiss market, and the famous resort of Zermatt is now a first reference customer in Switzerland for this advanced mobile destination portal, which gives potential visitors access to the latest information on their mobiles including available accommodation, weather, events and live images. The company´s product portfolio was also further expanded in the Media Division. With the new Sitour City Wall, customers can now employ a new and dynamic advertising medium for busy locations in the Tyrol, with more to follow in the course of the current business year. In August 2008 feratel also launched another new product in the form of WebTV.
Q1 08/09 in figures (pursuant to IFRS) and year-end figures for 07/08
1. Q 08/09 1. Q 07/08 year-end 07/08 Sales 4,896.0 4,371.0 29,139.4 Income from operations 5,118.4 4,631.0 30,935.9 EBITDA -268.8 -116.3 5,615.7 EBIT -1,111.7 -1,046.7 1,425.4 EBT -1,148.0 -1,090.7 1,189.7
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Enquiries to Gabriela Huter, PR & Marketing, feratel media technologies AG,
Maria-Theresien-Strassse 8,
A-6020 Innsbruck, Tel +43 512 7280-407, fax +43 512 7280-80, mail
gabriela.huter@feratel.com, www.feratel.com
Branche: Tourism & Leisure
ISIN: AT0000737804
WKN: 615165
Index: WBI, Standard Market Auction
Börsen: Wiener Börse AG / official market
Original content of: feratel media technologies AG, transmitted by news aktuell