{"id":19695,"date":"2016-11-30T17:48:32","date_gmt":"2016-11-30T16:48:32","guid":{"rendered":"https:\/\/wordpress-783423-2671269.cloudwaysapps.com\/?p=19695"},"modified":"2022-03-10T05:29:20","modified_gmt":"2022-03-10T04:29:20","slug":"november-30-2016-deag-on-target-with-good-overall-business-development","status":"publish","type":"post","link":"https:\/\/dev.cometis.de\/en\/november-30-2016-deag-on-target-with-good-overall-business-development\/","title":{"rendered":"<span id=\"2016\" class=\"Postdate\">30 November 2016<\/span> | DEAG on target with good overall business development"},"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 on target with good overall business development<\/h1>\n<p>2016-11-30 12:47:16<br \/>\nDGAP-News: DEAG on target with good overall business development<\/p>\n<p>DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft \/ Key word(s): 9-month figures<\/p>\n<p>2016-11-30 \/ 12:47<br \/>\nThe issuer is solely responsible for the content of this announcement.<\/p>\n<p>DEAG on target with good overall business development<\/p>\n<p>&#8211; First nine months of the current financial year significantly above last year<\/p>\n<p>&#8211; Fourth quarter to be the best quarter in the last five years<\/p>\n<p>&#8211; Positive profit forecast for financial year 2016<\/p>\n<p>&#8211; MyTicket already established and active in three European markets in its second financial year<\/p>\n<p>&#8211; Live Entertainment with a very good overall outlook and disproportionately strong organic earnings growth in the UK<\/p>\n<p>&#8211; Non-recurring expenses from currency translation, establishment of the Austrian business and legal consulting fees<\/p>\n<p>Berlin, November 30, 2016 &#8211; According to its figures for the first nine months of 2016, the company listed on the Prime Standard DEAG Deutsche Entertainment AG (DEAG), Berlin, (ISIN: DE000A0Z23G6, WKN: A0Z23G), is significantly above the previous year and will end the current financial year with a positive result following the prior year&#8217;s negative result. Despite one-off charges, DEAG will once again take up the profitable business development of previous years in 2016.<\/p>\n<p>MyTicket, DEAG&#8217;s own sales company in the area of ticketing, also exceeded the expectations of the Executive Board in the third quarter. In order to establish the company and accelerate its growth, the Executive Board is pursuing an aggressive organic expansion strategy. MyTicket is already present in three important European markets with Germany, the UK and Austria. Excluding expenses incurred in September 2016 to enter the market in Austria, the company is already profitable in its second financial year. As a result of the business development to date in 2016, the Executive Board has confirmed its objective of being able to make a significant contribution to the Group&#8217;s results in 2017 through its ticketing business.<\/p>\n<p>In the first nine months of 2016, Group sales amounted to EUR 98.0 million, compared with EUR 146.3 million in the previous year. The expected decline in sales resulted partly from an industry-wide shift in business in the current fourth quarter in connection with the major events of the European Soccer Championship in France and the Olympic Games in Brazil. Additionally, in the prior-year period, there was a series of particularly high-volume concerts such as Ed Sheeran&#8217;s three sold out performances at Wembley Stadium in London.<\/p>\n<p>With the very strong fourth quarter, for which DEAG projects sales of between EUR 90 and 100 million, the company expects total sales for the year 2016 as a whole will be close to last year&#8217;s level. As a result of the price trend of the British pound, currency conversions negatively affected earnings in the first nine months of 2016. The result of the prior-year period benefited from a positive currency effect. On the whole, DEAG&#8217;s operating result in the first nine months of 2016 was burdened by around EUR 1.65 million from the currency effect, a one-time consulting fee in connection with two major active legal cases and the development of the Austrian business. Adjusted Group EBIT for the first nine months of 2016 amounted to EUR -5.1 million. The EBIT amounted to EUR -6.8 million and therefore was 41.6% above the previous year (EUR -11.6 million).<\/p>\n<p>The fourth quarter of the current financial year will be the strongest quarter in five years in terms of sales and earnings. The company expects to sell between 500,000 and 550,000 tickets for the Christmas-related family events &#8220;Christmas at Kew,&#8221; &#8220;Christmas at Blenheim&#8221; and &#8220;Christmas Garden Berlin&#8221;, and for the Christmas markets and circuses in Kiel, Regensburg, Aachen and Hanover. Disney on Ice and Marvel Universe are also highlights in the fourth quarter beside many great tours like the Red Hot Chili Peppers, B\u00f6hse Onkelz, David Garrett and others. The positive outlook is also supported by the disproportionate organic growth in the UK thanks to sold out events, inter alia at the Royal Albert Hall.<\/p>\n<p>The Executive Board of DEAG expects financial year 2016 to finish with a clearly positive adjusted operating result after depreciation and amortization. By focusing on the efficient development of its own sales company, the consequent expansion of its ticket volumes and concentrating on profitable festivals, DEAG is excellently positioned to continue expanding on its profitable growth and to strengthen its position in the European entertainment business.<\/p>\n<p>Given anticipated further growth in the area of Classical Music and Family Entertainment and the completed investments in the Festivals segment, the company expects continued high sales and EBIT in the medium to upper single-digit million euro range in 2017.<\/p>\n<p>During the course of today the report on the first nine months of 2016 will be available for download on the company&#8217;s website.<\/p>\n<p>About DEAG<\/p>\n<p>DEAG Deutsche Entertainment AG (DEAG) is an integrated entertainment content company and a leading provider of live entertainment in Europe. DEAG produces and profitably organizes a broad range of 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 realizes around 2,000 concerts and events a year, selling more than 5 million tickets, of which a steadily increasing part is sold via its high-turnover online distribution channel myticket.<\/p>\n<p>Events cover rock\/pop, festivals (national and international), classical music, jazz, German Hit songs and Middle-of-the-Road music and the strongly growing family entertainment division. Particularly the festivals and family entertainment divisions are 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. 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>[\/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 on target with good overall business development 2016-11-30 12:47:16 DGAP-News: DEAG on target with good overall business development DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft \/ Key word(s): 9-month figures 2016-11-30 \/ 12:47 The issuer is solely responsible for the content of this announcement. DEAG on target with good overall business [&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>DEAG mit insgesamt gutem Gesch\u00e4ftsverlauf voll im Plan<\/b><\/strong><\/h1>\r\n\u00a0\r\n\r\n- Die ersten neun Monate des laufenden Gesch\u00e4ftsjahres deutlich \u00fcber Vorjahr\r\n\r\n- Viertes Quartal wird st\u00e4rkstes letztes Quartal seit 5 Jahren\r\n\r\n- Positive Ergebnisprognose f\u00fcr das Gesch\u00e4ftsjahr 2016\r\n\r\n- MyTicket bereits im zweiten Gesch\u00e4ftsjahr am Markt etabliert und in drei europ\u00e4ischen M\u00e4rkten aktiv\r\n\r\n- Live Entertainment mit insgesamt sehr guten Aussichten und \u00fcberproportional starkes organisches Ergebniswachstum in UK\r\n\r\n- Einmalige Ergebnisbelastungen aus W\u00e4hrungskursumrechnung, Aufbau des \u00f6sterreichischen Gesch\u00e4ftes und juristischem Beratungsaufwand\r\n\r\n<b>Berlin, 30. November 2016<\/b>\u00a0- Die im Prime Standard notierte DEAG Deutsche Entertainment AG (DEAG), Berlin, (ISIN: DE000A0Z23G6, WKN: A0Z23G), liegt in den ersten neun Monaten 2016 deutlich \u00fcber dem Vorjahr und wird das laufende Gesch\u00e4ftsjahr mit einem positiven Ergebnis abschlie\u00dfen, nach einem negativen Ergebnis im Vorjahr. Trotz einmaliger Belastungen wird DEAG damit bereits 2016 wieder an die profitable Gesch\u00e4ftsentwicklung der Vorjahre anschlie\u00dfen.\r\n\r\nMyTicket, das eigene Vertriebsunternehmen der DEAG im Ticketing-Bereich, konnte auch im dritten Quartal die Erwartungen des Vorstands \u00fcbertreffen. Um das Wachstum und die Etablierung des Unternehmens zu forcieren, verfolgt der Vorstand eine aggressive organische Expansionsstrategie. MyTicket ist bereits heute mit Deutschland, Gro\u00dfbritannien und \u00d6sterreich in drei wichtigen europ\u00e4ischen M\u00e4rkten pr\u00e4sent. Ohne Ber\u00fccksichtigung der Aufwendungen f\u00fcr den Markteintritt in \u00d6sterreich, der im September 2016 vollzogen wurde, ist das Unternehmen bereits im zweiten Gesch\u00e4ftsjahr profitabel. Durch den bisherigen Gesch\u00e4ftsverlauf 2016 sieht sich der Vorstand in seiner Zielsetzung best\u00e4tigt, 2017 mit dem Ticketing-Gesch\u00e4ft einen signifikanten Ergebnisbeitrag zum Konzernergebnis leisten zu k\u00f6nnen.\r\n\r\nIn den ersten neun Monaten 2016 betrug der Umsatz im Konzern 98,0 Mio. Euro gegen\u00fcber 146,3 Mio. Euro im Vorjahr. Der erwartete Umsatzr\u00fcckgang resultiert einerseits aus einer branchenweiten Gesch\u00e4ftsverschiebung in das laufende vierte Quartal die im Zusammenhang mit den Gro\u00dfereignissen Fu\u00dfball-Europameisterschaft in Frankreich und den olympischen Spielen in Brasilien steht. Zudem fanden in der Vorjahresperiode eine Reihe besonders umsatzstarker Konzerte wie z.B. den drei ausverkauften Auftritten von Ed Sheeran im Wembley-Stadium in London statt.\r\n\r\nMit dem sehr starken vierten Quartal, f\u00fcr das die DEAG einen Umsatz zwischen 90 und 100 Mio. Euro erwartet, wird der Gesamtjahresumsatz 2016 nahezu auf Vorjahresniveau liegen. In der Folge der Kursentwicklung des Britischen Pfundes ist das Ergebnis der ersten neun Monate 2016 durch einen negativen Effekt aus W\u00e4hrungsumrechnung belastet. Das Ergebnis des Vorjahreszeitraums profitierte noch von einem positiven W\u00e4hrungseffekt. Insgesamt wird das operative Ergebnis der DEAG in den ersten neun Monaten 2016 mit etwa 1,65 Mio. Euro aus dem W\u00e4hrungseffekt, einem einmaligen Beratungsaufwand im Zusammenhang mit zwei gro\u00dfen Aktivprozessen sowie dem Aufbau des \u00f6sterreichischen Gesch\u00e4ftes belastet. Das bereinigte Konzern-EBIT betrug in den ersten neun Monaten 2016 -5,1 Mio. Euro. Das EBIT betr\u00e4gt -6,8 Mio. Euro und liegt damit 41,6% \u00fcber dem Vorjahr (-11,6 Mio. Euro).\r\n\r\nDas vierte Quartal des laufenden Gesch\u00e4ftsjahres wird auf Umsatz- und Ergebnisebene das st\u00e4rkste Quartal seit f\u00fcnf Jahren. Allein mit den weihnachtsbezogenen Familienveranstaltungen \"Christmas at Kew\" und \"Christmas at Blenheim\", dem \"Christmas Garden Berlin\" und den Weihnachtsm\u00e4rkten und -zirkussen in Kiel, Regensburg, Aachen und Hannover erwartet die Gesellschaft zwischen 500.000 und 550.000 verkaufte Eintrittskarten. Disney on Ice und Marvel Universe sind neben vielen gro\u00dfen Tourneen mit z.B. den Red Hot Chili Peppers, den B\u00f6hsen Onkelz und David Garrett weitere Highlights im vierten Quartal. Gest\u00fctzt werden die positiven Aussichten zudem durch ein \u00fcberproportionales organisches Wachstum in Gro\u00dfbritannien, dies dank ausverkaufter Veranstaltungen unter anderem in der Royal Albert Hall.\r\n\r\nDer Vorstand der DEAG geht davon aus das Gesch\u00e4ftsjahr 2016 mit einem deutlich positiven bereinigten operativen Ergebnis nach Abschreibungen abzuschlie\u00dfen. Durch die Fokussierung auf den effizienten Aufbau des eigenen Vertriebsunternehmens, den konsequenten Ausbau des Ticketvolumens und die Konzentration auf die profitablen Festivals ist DEAG hervorragend aufgestellt f\u00fcr kontinuierlich profitables Wachstum und die Festigung der Position im europ\u00e4ischen Entertainmentgesch\u00e4ft.\r\n\r\nAngesichts eines zu erwartenden weiteren Wachstums im Bereich Klassik und Family Entertainment und der abgeschlossenen Investitionen in das Festivalsegment erwartet die Gesellschaft 2017 bei einem anhaltend hohen Umsatz ein EBIT im mittleren bis oberen einstelligen Mio. Euro Bereich.\r\n\r\nDer Bericht zu den ersten neun Monaten 2016 steht heute 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":[491],"class_list":["post-19695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deag-corporate-news-en","category-news-en","tag-491"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>30 November 2016 | DEAG on target with good overall business development - cometis AG<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"30 November 2016 | DEAG on target with good overall business development - cometis AG\" \/>\n<meta property=\"og:description\" content=\"Corporate news to the archive DEAG on target with good overall business development 2016-11-30 12:47:16 DGAP-News: DEAG on target with good overall business development DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft \/ Key word(s): 9-month figures 2016-11-30 \/ 12:47 The issuer is solely responsible for the content of this announcement. 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