{"id":19658,"date":"2017-11-24T16:56:47","date_gmt":"2017-11-24T15:56:47","guid":{"rendered":"https:\/\/wordpress-783423-2671269.cloudwaysapps.com\/?p=19658"},"modified":"2022-03-10T05:38:33","modified_gmt":"2022-03-10T04:38:33","slug":"november-24-2017-deag-deutsche-entertainment-aktiengesellschaft-strategy-aimed-at-sustainable-profitability-takes-effect-in-first-nine-months-of-2017","status":"publish","type":"post","link":"https:\/\/dev.cometis.de\/en\/november-24-2017-deag-deutsche-entertainment-aktiengesellschaft-strategy-aimed-at-sustainable-profitability-takes-effect-in-first-nine-months-of-2017\/","title":{"rendered":"<span id=\"2017\" class=\"Postdate\">24 November 2017<\/span> | DEAG Deutsche Entertainment Aktiengesellschaft: Strategy aimed at sustainable profitability takes effect in first nine months of 2017"},"content":{"rendered":"<p>[et_pb_section admin_label=&#8221;section&#8221;][et_pb_row admin_label=&#8221;Zeile&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; use_custom_gutter=&#8221;off&#8221; custom_padding=&#8221;||0px|&#8221; padding_mobile=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; make_equal=&#8221;off&#8221; parallax_1=&#8221;off&#8221; parallax_method_1=&#8221;off&#8221; parallax_2=&#8221;off&#8221; parallax_method_2=&#8221;off&#8221; column_padding_mobile=&#8221;on&#8221;][et_pb_column type=&#8221;1_2&#8243;][et_pb_text admin_label=&#8221;Text&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;]<\/p>\n<style>\n.zur\u00fcckbutton:before {\n    display: inline-block;\n    font-family: \"ETmodules\";\n    content: \"4a\";\n    color: #00225f;\n    margin-right: 7px;\n}\n.zur\u00fcckbutton:hover:before {\n    display: inline-block;\n    font-family: \"ETmodules\";\n    content: \"4a\";\n    color: #d85710;\n    margin-right: 7px;\n}\n<\/style>\n<h1 style=\"text-align: justify;\">Corporate news<\/h1>\n<p> <a class=\"zur\u00fcckbutton\" href=\"https:\/\/dev.cometis.de\/en\/publication-archive-deag\">to the archive<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243;][et_pb_image admin_label=&#8221;Bild&#8221; src=&#8221;https:\/\/dev.cometis.de\/wp-content\/uploads\/2018\/08\/Logo-DEAG-entertainment-GROUP_4c_neg-02_600px.png&#8221; show_in_lightbox=&#8221;off&#8221; url_new_window=&#8221;off&#8221; use_overlay=&#8221;off&#8221; animation=&#8221;off&#8221; sticky=&#8221;off&#8221; align=&#8221;right&#8221; force_fullwidth=&#8221;off&#8221; always_center_on_mobile=&#8221;on&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;]<\/p>\n<p>[\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;row&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;Text&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; saved_tabs=&#8221;all&#8221;]<\/p>\n<h1>DEAG Deutsche Entertainment Aktiengesellschaft: Strategy aimed at sustainable profitability takes effect in first nine months of 2017<\/h1>\n<p>2017-11-24 11:48:01<br \/>\nDGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft: Strategy aimed at sustainable profitability takes effect in first nine months of 2017<\/p>\n<p>DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft \/ Key word(s): 9-month figures<\/p>\n<p>24.11.2017 \/ 11:48<br \/>\nThe issuer is solely responsible for the content of this announcement.<\/p>\n<p>Corporate News<\/p>\n<p>DEAG: Strategy aimed at sustainable profitability takes effect in first nine months of 2017<\/p>\n<p>&#8211; Significant increase in EBIT of more than EUR 6.9 million in the first nine months of 2017 compared to the previous year&#8217;s adjusted figure<\/p>\n<p>&#8211; Very strong final quarter of 2017 expected again, as in the previous year<\/p>\n<p>&#8211; Event pipeline includes more than 2.2 million pre-sold tickets to future events for the first time ever<\/p>\n<p>Berlin, 24 November 2017 &#8211; DEAG Deutsche Entertainment AG (DEAG), Berlin, (ISIN: DE000A0Z23G6, WKN: A0Z23G), listed in the Prime Standard, sees its strategy to return to sustainable profitability confirmed in light of its sales and earnings development from continuing operations in the first three quarters of 2017. Earnings before interest and taxes (EBIT) rose to EUR 1.1 million (EBITDA: EUR 2.1 million) in the first nine months of 2017 compared to the previous year (EUR 0.2 million). At EUR 6.9 million, the increase in EBIT was much more pronounced compared to the adjusted prior-year figure of EUR -5.8 million (after considering one-off effects from the Jahrhunderthalle transaction). Sales also improved by around 15.7% to EUR 108.1 million (previous year: EUR 93.5 million).<\/p>\n<p>Conditions are also looking very positive for the continuing course of business in 2017\/2018. As in the previous year, 2017&#8217;s seasonal highlight is expected to be a fourth quarter of very strong Christmas business and correspondingly significant sales and earnings contributions. The Executive Board thus confirms its sales and earnings expectations for financial year 2017 as a whole. In addition, for the first time ever, DEAG has already sold more than 2.2 million tickets for future events and thus has a well filled event pipeline.<\/p>\n<p>Prof. Peter L.H. Schwenkow, CEO and founder of DEAG, is quite satisfied with how business has developed. &#8220;We have focused on profitable business areas in order to make DEAG sustainably profitable again. We have expanded our business, closed areas that had been making losses and acquired extremely attractive new ones. The first nine months, and the third quarter in particular, show that we are on the right track. The more than 2.2 million tickets to upcoming events that we have already sold also offer us a very high level of planning security. Considering these conditions, we see ourselves excellently positioned to continue growing and improve our profitability in 2018.&#8221;<\/p>\n<p>The complete 9-months report 2017 will be available for download on the company&#8217;s website in the course of the day.<\/p>\n<p>About DEAG<\/p>\n<p>DEAG Deutsche Entertainment AG (DEAG) is a leading entertainment service company and a provider of live entertainment in Europe with subsidiaries in its core markets. DEAG produces and profitably promotes a broad range of live events and concerts. Its own distribution business, mytic myticket AG, which is also share-held by two large print and TV media companies, increases the company&#8217;s profitability and scales its business model. DEAG promotes around 2,500 concerts and events each year, selling more than 5 million tickets at present, a steadily increasing part of which is sold via its high-turnover eCommerce platforms &#8220;MyTicket.&#8221;<\/p>\n<p>Live events range from rock\/pop, classics &#038; jazz, the strongly growing Family Entertainment division as well as Arts + Exhibitions. The family entertainment division is particularly fundamental for the further development of DEAG&#8217;s own content. Its network of strong partners allows DEAG to put itself in an excellent market position as an internationally active live entertainment group.<\/p>\n<p>DEAG shares (ISIN: DE000A0Z23G6 | WKN: A0Z23G | ERMK) are quoted in the Prime Standard segment of the Frankfurt Stock Exchange, which is the quality segment of the Deutsche B\u00f6rse, the German stock exchange.<\/p>\n<p>IR contact<\/p>\n<p>cometis AG<br \/>\nClaudius Krause<br \/>\nPhone: +49-611-20585528<br \/>\ne-mail: deag@dev.cometis.de<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Corporate news to the archive DEAG Deutsche Entertainment Aktiengesellschaft: Strategy aimed at sustainable profitability takes effect in first nine months of 2017 2017-11-24 11:48:01 DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft: Strategy aimed at sustainable profitability takes effect in first nine months of 2017 DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft \/ Key word(s): 9-month figures 24.11.2017 \/ 11:48 [&hellip;]<\/p>\n","protected":false},"author":24813,"featured_media":54374,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"[et_pb_section admin_label=\"section\"][et_pb_row admin_label=\"Zeile\" make_fullwidth=\"off\" use_custom_width=\"off\" width_unit=\"on\" use_custom_gutter=\"off\" custom_padding=\"||0px|\" padding_mobile=\"off\" allow_player_pause=\"off\" parallax=\"off\" parallax_method=\"off\" make_equal=\"off\" parallax_1=\"off\" parallax_method_1=\"off\" parallax_2=\"off\" parallax_method_2=\"off\" column_padding_mobile=\"on\"][et_pb_column type=\"1_2\"][et_pb_text admin_label=\"Text\" background_layout=\"light\" text_orientation=\"left\" use_border_color=\"off\" border_color=\"#ffffff\" border_style=\"solid\"]\r\n\r\n<style>\r\n.zur\u00fcckbutton:before {\r\n    display: inline-block;\r\n    font-family: \"ETmodules\";\r\n    content: \"4a\";\r\n    color: #00225f;\r\n    margin-right: 7px;\r\n}\r\n.zur\u00fcckbutton:hover:before {\r\n    display: inline-block;\r\n    font-family: \"ETmodules\";\r\n    content: \"4a\";\r\n    color: #d85710;\r\n    margin-right: 7px;\r\n}\r\n<\/style>\r\n<h1 style=\"text-align: justify;\">Corporate News<\/h1> <a class=\"zur\u00fcckbutton\" href=\"https:\/\/dev.cometis.de\/veroeffentlichungsarchiv-deag\">zum Archiv<\/a>\r\n\r\n[\/et_pb_text][\/et_pb_column][et_pb_column type=\"1_2\"][et_pb_image admin_label=\"Bild\" src=\"https:\/\/dev.cometis.de\/wp-content\/uploads\/2018\/08\/Logo-DEAG-entertainment-GROUP_4c_neg-02_600px.png\" show_in_lightbox=\"off\" url_new_window=\"off\" use_overlay=\"off\" animation=\"off\" sticky=\"off\" align=\"right\" force_fullwidth=\"off\" always_center_on_mobile=\"on\" use_border_color=\"off\" border_color=\"#ffffff\" border_style=\"solid\"]\r\n\r\n\r\n\r\n[\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=\"row\"][et_pb_column type=\"4_4\"][et_pb_text admin_label=\"Text\" background_layout=\"light\" text_orientation=\"left\" use_border_color=\"off\" border_color=\"#ffffff\" border_style=\"solid\" saved_tabs=\"all\"]\r\n\r\n<h1><strong>DEAG AG: <b>Strategie f\u00fcr nachhaltige Profitabilit\u00e4t greift in den ersten neun Monaten 2017<\/b><\/strong><\/h1>\r\n\u00a0\r\n\r\n<b>-\u00a0<\/b>Signifikante EBIT-Steigerung von mehr als 6,9 Mio. Euro in den ersten neun Monaten 2017 gegen\u00fcber dem bereinigten Vorjahreswert\r\n\r\n- Wie bereits im Vorjahr erneut sehr starkes Schlussquartal 2017 erwartet\r\n\r\n- Event-Pipeline weist erstmals mehr als 2,2 Mio. bereits fest verkaufte Tickets f\u00fcr zuk\u00fcnftige Veranstaltungen aus\r\n\r\n<b>Berlin, 24. November 2017<\/b>\u00a0- Die im Prime Standard notierte DEAG Deutsche Entertainment AG (DEAG), Berlin, (ISIN: DE000A0Z23G6, WKN: A0Z23G), sieht sich mit der Umsatz- und Ergebnisentwicklung in den fortgef\u00fchrten Bereichen nach dem dritten Quartal 2017 in der eingeschlagenen Strategie f\u00fcr eine R\u00fcckkehr zu nachhaltiger Profitabilit\u00e4t best\u00e4tigt. So wuchs das Ergebnis vor Zinsen und Steuern (EBIT) in den ersten neun Monaten 2017 auf 1,1 Mio. Euro (EBITDA: 2,1 Mio. Euro) gegen\u00fcber dem Vorjahr (0,2 Mio. Euro). Sehr viel deutlicher fiel die EBIT-Steigerung mit 6,9 Mio. Euro gegen\u00fcber dem bereinigten Vergleichswert des Vorjahres in H\u00f6he von -5,8 Mio. Euro (nach Ber\u00fccksichtigung von Sondereffekten aus der Jahrhunderthallen-Transaktion) aus. Auch der Umsatz entwickelte sich mit 108,1 Mio. Euro um rund 15,7% besser als im Vorjahr (93,5 Mio. Euro).\r\n\r\nF\u00fcr den weiteren Gesch\u00e4ftsverlauf 2017\/2018 gestalten sich die Voraussetzungen sehr positiv. Wie bereits im Vorjahr wird der Saisonh\u00f6hepunkt 2017 mit einem sehr starken Weihnachtsgesch\u00e4ft und entsprechend signifikanten Umsatz- und Ergebnisbeitr\u00e4gen im vierten Quartal erwartet. Damit sieht sich der Vorstand auch in seinen Umsatz- und Ergebniserwartungen f\u00fcr das Gesamtjahr 2017 best\u00e4tigt. Zudem kann DEAG erstmals mehr als 2,2 Mio. bereits fest verkaufte Tickets f\u00fcr zuk\u00fcnftige Veranstaltungen vermelden und verf\u00fcgt damit \u00fcber eine ausgezeichnet gef\u00fcllte Event-Pipeline.\r\n\r\nProf. Peter L.H. Schwenkow, Vorstandsvorsitzender und Gr\u00fcnder der DEAG, zeigt sich zufrieden: \"Um DEAG wieder nachhaltig profitabel zu machen, haben wir uns auf profitable Gesch\u00e4ftsfelder fokussiert. So haben wir unsere Gesch\u00e4ftsfelder erweitert, defizit\u00e4res Gesch\u00e4ft beendet und hoch attraktives Neugesch\u00e4ft hinzugewonnen. Die ersten neun Monate und insbesondere das dritte Quartal zeigen, dass wir uns damit auf dem absolut richtigen Weg befinden. Die mehr als 2,2 Mio. bereits verkauften Tickets f\u00fcr kommende Veranstaltungen bieten uns zudem eine sehr hohe Planungssicherheit. Mit diesen Voraussetzungen sehen wir uns auch f\u00fcr das Jahr 2018 ausgezeichnet aufgestellt, um weiter zu wachsen und unsere Profitabilit\u00e4t zu steigern.\"\r\n\r\nDer vollst\u00e4ndige 9-Monatsbericht 2017 steht im Laufe des Tages auf der Website des Unternehmens zum Download bereit.\r\n\r\n\u00a0\r\n\r\n<b>\u00dcber DEAG<\/b>\r\n\r\nDie DEAG Deutsche Entertainment Aktiengesellschaft (DEAG) ist ein f\u00fchrender Entertainment-Dienstleister und Anbieter von Live-Entertainment in Europa und mit Konzerngesellschaften in ihren Kernm\u00e4rkten pr\u00e4sent. DEAG produziert und veranstaltet profitabel ein breites Spektrum an Events und Konzerten. Als Live-Entertainment-Dienstleister mit integriertem Gesch\u00e4ftsmodell verf\u00fcgt DEAG \u00fcber umfassende Expertise in der Organisation, Vermarktung und Durchf\u00fchrung von Events sowie im Ticketvertrieb \u00fcber die eigene Ticketing-Plattform \"MyTicket\" f\u00fcr eigenen und Dritt-Content. Das hoch skalierbare Gesch\u00e4ftsmodell von MyTicket st\u00e4rkt die DEAG auf ihrem Weg zu steigender Profitabilit\u00e4t. Rund 4.000 Konzerte und Events f\u00fchrt DEAG pro Jahr durch und setzt dabei aktuell \u00fcber 5 Mio. Tickets um - davon ein best\u00e4ndig wachsender Anteil \u00fcber die ertragsstarken Ticketing-Plattformen von MyTicket.\r\n\r\nGegr\u00fcndet 1978 in Berlin und b\u00f6rsennotiert seit 1998, umfassen die Kern-Gesch\u00e4ftsfelder der DEAG die Bereiche Rock\/Pop, Classics & Jazz, Family-Entertainment sowie Arts+Exhibitions. Insbesondere Family-Entertainment und Arts+Exhibitions sind elementare Bausteine f\u00fcr die Weiterentwicklung des eigenen Contents. Mit ihrem starken Partnernetzwerk ist DEAG hervorragend im Markt als international t\u00e4tiger Live-Entertainment-Dienstleister positioniert.\r\n\r\nDie Aktien der DEAG (ISIN: DE000A0Z23G6 | WKN: A0Z23G | ERMK) notieren im Prime Standard der Frankfurter Wertpapierb\u00f6rse, dem Qualit\u00e4tssegment der Deutschen B\u00f6rse.\r\n\r\n<b>IR-Kontakt<\/b>\r\n\r\ncometis AG\r\nClaudius Krause\r\nTel: +49-611-20585528\r\nE-Mail:\u00a0<a href=\"mailto:deag@dev.cometis.de\" target=\"_blank\" rel=\"noopener\">deag@dev.cometis.de<\/a>\r\n\r\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[322,448],"tags":[490],"class_list":["post-19658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deag-corporate-news-en","category-news-en","tag-490"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>24 November 2017 | DEAG Deutsche Entertainment Aktiengesellschaft: Strategy aimed at sustainable profitability takes effect in first nine months of 2017 - 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