{"id":19700,"date":"2016-08-30T17:51:44","date_gmt":"2016-08-30T15:51:44","guid":{"rendered":"https:\/\/wordpress-783423-2671269.cloudwaysapps.com\/?p=19700"},"modified":"2022-03-10T05:26:10","modified_gmt":"2022-03-10T04:26:10","slug":"august-30-2016-deag-publishes-half-year-result-and-confirms-forecast-for-financial-year-2016","status":"publish","type":"post","link":"https:\/\/dev.cometis.de\/en\/august-30-2016-deag-publishes-half-year-result-and-confirms-forecast-for-financial-year-2016\/","title":{"rendered":"<span id=\"2016\" class=\"Postdate\">30 August 2016<\/span> | DEAG publishes half-year result and confirms forecast for financial year 2016"},"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 publishes half-year result and confirms forecast for financial year 2016<\/h1>\n<p>2016-08-30 07:30:36<br \/>\nDGAP-News: DEAG publishes half-year result and confirms forecast for financial year 2016<\/p>\n<p>DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft \/ Key word(s): Half Year Results<\/p>\n<p>2016-08-30 \/ 07:30<br \/>\nThe issuer is solely responsible for the content of this announcement.<\/p>\n<p>Corporate press release<\/p>\n<p>DEAG publishes half-year result and confirms forecast for financial year 2016<\/p>\n<p>&#8211; EBIT of EUR -3.8 million in line with expectations due to seasonal effects<\/p>\n<p>&#8211; Festivals fully settled and included in half-year result<\/p>\n<p>&#8211; Clearly increasing profitability and well-filled event pipeline expected for the second half-year<\/p>\n<p>&#8211; Expansion of myticket division successfully progressing<\/p>\n<p>&#8211; EBIT forecast of EUR 3 to 5 million for financial year 2016 confirmed<\/p>\n<p>Berlin, 30 August 2016 &#8211; DEAG Deutsche Entertainment Aktiengesellschaft (DEAG), Berlin, (ISIN: DE000A0Z23G6, WKN: A0Z23G) is on course to reach the forecast result for financial year 2016. With sales of EUR 78.9 million (H1 2015: EUR 118.7 million) and EBIT of EUR -3.8 million (H1 2015: EUR -7.9 million), business in the first half of the year was within expectations. In view of a very well-filled event pipeline and an extraordinarily strong 4th quarter, the Executive Board is optimistic about reaching the planned EBIT of EUR 3 to 5 million for the whole financial year 2016.<\/p>\n<p>The half-year result reflects DEAG&#8217;s typical seasonality with up-front costs for numerous high-profile events to take place in the second half of the year. For example, DEAG was able to secure top-class show highlights, such as David Garrett, Disney on Ice, Andreas Gabalier, B\u00f6hse Onkelz or Red Hot Chili Peppers, and yield promising pre-sale results. Also due to the European Football Championships, the artists&#8217; and their management&#8217;s planning are concentrated more on the second half of 2016. As planned, expected ticket sales in the second half of the year are going to increase significantly compared to the first six months. To be pointed out is the continually growing share of tickets sold via DEAG&#8217;s own sales platforms myticket.co.uk in the UK and myticket.de in Germany, which strengthens the Group&#8217;s EBIT margin. In addition, myticket.de receives an increasing number of tickets for sale from third-party promoters.<\/p>\n<p>Due to the positive development of myticket.de, DEAG is going to open up another European market, apart from Germany and the UK, in the near future. DEAG is positive to reach its target of selling on average 40 per cent of the DEAG content via myticket.de in the short to medium term.<\/p>\n<p>The Executive Board also sees a positive development in the rock festival sector in Germany, Austria and Switzerland. The result almost fully confirms the Group&#8217;s calculation: with respective festivals now fully settled and included in the current consolidated financial statement, follow-up costs amounted to EUR 0.3 million in the EBIT. Planning for the coming year focuses on Rockavaria, Rock in Vienna, Rock the Ring, and potentially another festival in Switzerland. In other words, festivals are becoming a solid part of the DEAG content, which in turn is further driving the ticketing business.<\/p>\n<p>Particularly the UK-based subsidiaries develop better than expected. Despite the &#8220;Brexit&#8221;, the English market remains highly attractive to DEAG, which is why the company is examining opportunistic acquisition opportunities there as well. With an already well-filled pipeline for the financial year 2017, with stars like Anna Netrebko, David Garrett and productions such as Christmas at Kew, Disney on Ice or Christmas at Blenheim, and the Christmas markets, the Executive Board expects continued dynamic growth, particularly since six large rock tours are currently in preparation for 2017.<\/p>\n<p>The report for the first half-year of 2016 is available for download at http:\/\/www.deag.de\/navi-bottom\/investors\/investor-relations\/finanzberichte.html.<\/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 about five 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>IR contact<\/p>\n<p>cometis AG<br \/>\nUlrich Wiehle<br \/>\nPh.: +49-611-20585511<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 publishes half-year result and confirms forecast for financial year 2016 2016-08-30 07:30:36 DGAP-News: DEAG publishes half-year result and confirms forecast for financial year 2016 DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft \/ Key word(s): Half Year Results 2016-08-30 \/ 07:30 The issuer is solely responsible for the content of this announcement. [&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 ver\u00f6ffentlicht Halbjahresergebnis und best\u00e4tigt Prognose f\u00fcr das Gesch\u00e4ftsjahr 2016<\/b><\/strong><\/h1>\r\n\u00a0\r\n\r\n- EBIT mit -3,8 Mio. Euro aufgrund saisonaler Effekte im Rahmen der Erwartungen\r\n\r\n- Festivals vollst\u00e4ndig schlussgerechnet und im Halbjahresergebnis erfasst\r\n\r\n- Deutlich steigende Profitabilit\u00e4t f\u00fcr das zweite Halbjahr mit gut gef\u00fcllter Event-Pipeline erwartet\r\n\r\n- Ausbau des Gesch\u00e4ftsbereichs myticket schreitet erfolgreich voran\r\n\r\n- Best\u00e4tigung der Prognose f\u00fcr das Gesamtjahr 2016 mit einem EBIT von 3-5 Mio. Euro\r\n\r\n<b>Berlin, 30. August 2016<\/b>\u00a0- Die DEAG Deutsche Entertainment Aktiengesellschaft (DEAG), Berlin, (ISIN: DE000A0Z23G6, WKN: A0Z23G) befindet sich auf Kurs, um die Prognose f\u00fcr das Gesch\u00e4ftsjahr 2016 zu erreichen. Planungsgem\u00e4\u00df lag der Umsatz im ersten Halbjahr aufgrund saisonaler Umschichtungen mit einem Umsatz von 78,9 Mio. Euro (H1-2015: 118,7 Mio. Euro) und einem EBIT von -3,8 Mio. Euro (H1-2015: -7,9 Mio. Euro) im Rahmen der Erwartungen. Angesichts einer sehr gut gef\u00fcllten Event-Pipeline und einem au\u00dfergew\u00f6hnlich starken 4. Quartal ist der Vorstand zuversichtlich, die EBIT-Planung von 3-5 Mio. Euro im Gesamtjahr 2016 zu erreichen.\r\n\r\nIn den Halbjahreszahlen spiegelt sich die f\u00fcr DEAG typische Saisonalit\u00e4t mit Vorlaufkosten f\u00fcr zahlreiche prominente Events in der zweiten Jahresh\u00e4lfte wider. So konnte sich DEAG f\u00fcr das zweite Halbjahr mit David Garrett, Disney on Ice, Andreas Gabalier, B\u00f6hse Onkelz oder den Red Hot Chili Peppers hochkar\u00e4tige Show-Highlights sichern und vielversprechende Ergebnisse im Vorverkauf erzielen. Auch bedingt durch die Fu\u00dfball-Europameisterschaft sind die Planungen unserer K\u00fcnstler und deren Management eher auf das zweite Halbjahr gerichtet. Planungsgem\u00e4\u00df wird die erwartete Anzahl der verkauften Tickets im zweiten Halbjahr gegen\u00fcber den ersten sechs Monaten deutlich steigen. Hervorzuheben ist der stetig zunehmende Anteil von Tickets, die\u00a0\u00fcber die eigenen Vertriebsplattformen myticket.co.uk in Gro\u00dfbritannien und myticket.de in Deutschland vertrieben werden und die EBIT-Marge des Konzerns st\u00e4rken. Myticket.de erh\u00e4lt dar\u00fcber hinaus zunehmend Tickets von Drittveranstaltern zum Verkauf.\r\n\r\nAufgrund der positiven Entwicklung von myticket.de wird die DEAG neben Deutschland und Gro\u00dfbritannien kurzfristig einen weiteren europ\u00e4ischen Markt erschlie\u00dfen. DEAG ist zuversichtlich ihr Ziel, kurz- bis mittelfristig durchschnittlich 40 Prozent des DEAG Contents \u00fcber myticket.de zu verkaufen, zu erreichen.\r\n\r\nPositiv wertet der Vorstand auch die Entwicklung im Bereich der Rockfestivals in Deutschland, \u00d6sterreich und der Schweiz. Im Ergebnis hat sich die Kalkulation nahezu best\u00e4tigt: nachdem die betreffenden Festivals nunmehr schlussgerechnet und im vorliegenden Konzernabschluss vollst\u00e4ndig erfasst sind, wurden Nachlaufkosten in H\u00f6he von 0,3 Mio. Euro im EBIT verbucht. Die Planungen f\u00fcr das kommende Jahr fokussieren sich auf Rockavaria, Rock in Vienna, Rock the Ring sowie ein m\u00f6gliches, weiteres Festival in der Schweiz. Festivals etablieren sich somit als fester Content-Bestandteil. Dies wiederum ist ein wichtiger Treiber f\u00fcr das Ticketing-Gesch\u00e4ft.\r\n\r\nGerade die Tochtergesellschaften in Gro\u00dfbritannien entwickeln sich besser als erwartet. Der englische Markt bleibt f\u00fcr DEAG trotz \"Brexit\" hochattraktiv. Daher pr\u00fcft das Unternehmen auch dort opportunistische Akquisitionsm\u00f6glichkeiten. Mit der bisher gut gef\u00fcllten Pipeline f\u00fcr das Jahr 2017 mit Stars wie Anna Netrebko, David Garrett und Produktionen wie Christmas at Kew, Disney on Ice, Christmas at Blenheim und den Weihnachtsm\u00e4rkten rechnet der Vorstand mit einem weiterhin dynamischen Wachstum, insbesondere da derzeit sechs gro\u00dfe Rocktourneen f\u00fcr 2017 in Vorbereitung sind.\r\n\r\nDer Bericht zum ersten Halbjahr 2016 steht auf der Website des Unternehmens unter\u00a0<a href=\"http:\/\/public-cockpit.eqs.com\/cgi-bin\/fncls.ssp?fn=redirect&url=63412d1a725a288ad8fa31d336fe56d2&application_id=496899&site_id=news_data&application_name=news\" target=\"_blank\" rel=\"noopener\">http:\/\/www.deag.de\/navi-bottom\/investors\/investor-relations\/finanzberichte.html<\/a>\u00a0zum 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-19700","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 August 2016 | DEAG publishes half-year result and confirms forecast for financial year 2016 - 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 August 2016 | DEAG publishes half-year result and confirms forecast for financial year 2016 - cometis AG\" \/>\n<meta property=\"og:description\" content=\"Corporate news to the archive DEAG publishes half-year result and confirms forecast for financial year 2016 2016-08-30 07:30:36 DGAP-News: DEAG publishes half-year result and confirms forecast for financial year 2016 DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft \/ Key word(s): Half Year Results 2016-08-30 \/ 07:30 The issuer is solely responsible for the content of this announcement. 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