DGAP-News: PROCON MultiMedia AG / Key word(s): Quarter Results
Procon Q1 posts revenue of EUR 25.8 million / EBITDA EUR 2.1 million
31.05.2011 / 20:42
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Hamburg, 31 May 2011 - PROCON MultiMedia AG (ISIN: DE0005122006, Prime
Standard), a world-leading full-service provider of technical equipment for
events and film/television production, has posted revenue of EUR 25.8
million for the first quarter of 2011 compared to EUR 24.4 million one year
ago. Gross profit declined from EUR 4.1 million to EUR 3.2 million.
EBITDA for Q1 2011 came in at EUR 2.1 million versus EUR 4.0 million for Q1
last year. Earnings before taxes fell from 0.1 million for the quarter last
year to EUR -1.6 million. Earnings per share amounted to EUR -0.05, versus
EUR -0.01 one year ago.
The first quarter's results are in line with estimates announced at the end
of last year, that 2011 would be lower due to a dearth of major events in
both European and international markets. If the core European markets
recover however, this would positively impact the Group's business.
In the first quarter of 2011 Procon managed the Echo Awards and numerous
national and international exhibition stands, for example at the
International Motor Show in Geneva, Switzerland.
Press contact:
PROCON MultiMedia AG
BredowstraÃe 34
22113 Hamburg
Tel. (040) 670 886 0
Fax (040) 670 886 399
aktie@procon.com
www.proconag.de
End of Corporate News
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31.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: PROCON MultiMedia AG
Bredowstr. 34
22113 Hamburg
Deutschland
Phone: 040/670 886-0
Fax: 040/670 61 59
E-mail: info@procon-online.de
Internet: www.procon-online.de
ISIN: DE0005122006
WKN: 512200
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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127075 31.05.2011
DGAP-News: Procon Q1 posts revenue of EUR 25.8 million / EBITDA EUR 2.1 million
| Source: EQS Group AG