Ad hoc: splendid medien AG: Splendid Medien Group in Q1 2009

splendid medien AG / Quarterly report / Ad hoc: Splendid Medien Group in Q1 2009 Ad hoc announcement according to §15 WpHG processed and transmitted by Hugin. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- (Cologne, 27. May 2009) - Splendid Medien AG generated sales of ¤8.4 million in the first quarter of 2009 (previous year: ¤9.0 million). Group earnings before interest and taxes (EBIT) totalled ¤0.9 million (previous year: ¤0.8 million). Group earnings before taxes (EBT) came to ¤0.7 million (previous year: ¤0.6 million). Group net profit amounted to ¤0.7 million (previous year: ¤0.6 million). Earnings per share were at ¤0.07 (previous year: ¤0.06). Home Entertainment was the key division with an 83% share of total sales. This was followed by Licence Trade with an 11% share of sales, and the Postproduction division with 6%. The Splendid Group has cash and cash equivalents of ¤8.7 million (31 December 2008: ¤9.8 million). Cash flow from operating activities stood at ¤2.4 million (previous year: ¤-0.2 million). This increase was primarily due to positive changes in the working capital, particularly in the area of accounts receivable. Equity amounted to ¤15.4 million at the balance sheet date of 31 March 2009 (31 December 2008: ¤14.7), with an equity ratio of 42.1% (31 December 2008: 40.7%). The Splendid Group invested a total of ¤3.0 million in film assets in the first quarter of 2009 (previous year: ¤1.1 million). ¤3.5 million affected cash in the past quarter. This included ¤0.7 million for investments from the previous year. For the whole of the 2009 financial year, the Group is planning investment in film assets at the same level as 2008. The Managing Board is expecting sales and earnings for the 2009 financial year to match the level of the previous year. The report for the first quarter of 2009 is available for download on the company website from 29 May 2009. Further information is provided at: Splendid Medien AG Karin Opgenoorth Alsdorfer Strasse 3 D-50933 Cologne Tel.: +49 221-95 42 32 99 Fax: +49 221-95 42 32 613 --- End of Message --- splendid medien AG Alsdorfer Strasse 3 Köln Germany WKN: 727950; ISIN: DE0007279507; Index: CDAX, CLASSIC All Share, Prime All Share; Listed: Regulierter Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse;