Borussia Dortmund announces semi-annual results H1 2009/2010
Feb 26, 2010 11:56 AM
Borussia Dortmund GmbH & Co. KGaA / Half Year Results 26.02.2010 11:56 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Despite of the financial crisis Borussia Dortmund improved the semi-annual results 2009/2010 compared to the previous first half-year (by EUR 0,9 Mio. to EUR 0,1 Mio. in the single first half-year statement and by EUR 0,9 Mio. to EUR -1,4 Mio. in the Group first half-year statement). Declining revenues could be over-compensated by cost savings. Borussia Dortmund GmbH & Co. KGaA recorded in the first half of the fiscal year 2009/2010 (01.07.2009 - 31.12.2009) earnings before interest and taxes (EBIT) in an amount of EUR 0.5 Mio. (previous first half-year EUR 0.4). Earnings before taxes (EBT) amounted EUR 0.1 Mio. (previous first half-year EUR -0.7 Mio.) and the semi-annual result amounted EUR 0.1 Mio. (previous first half-year EUR -0.8 Mio.) in the report period. According to International Financial Reporting Standards (IFRS) the Borussia Dortmund Group net loss amounted EUR -1.4 Mio. (previous first half-year EUR -2.3 Mio.) in the first half-year 2009/2010. Earnings before taxes, interest, depreciation and amortization (EBITDA) amounted EUR 9.8 Mio. (previous first half-year EUR 9.4 Mio.). Group Earnings before taxes and interest (EBIT) was EUR 1.3 Mio. (previous first half-year EUR 0.4 Mio.). Group revenues amounted EUR 58.2 Mio. (previous first half-year EUR 63.0 Mio.). Personnel expenses changed to EUR 23.7 Mio. (previous first half-year EUR 26.5 Mio.). Depreciation and amortization resulted in EUR 8.6 Mio. (previous first half-year EUR 9.0 Mio.). The other operating expenses amounted EUR 23.1 Mio. (previous first half-year EUR 25.5 Mio.) in the report period. The financial result degraded to EUR -2.8 Mio (previous first half-year EUR -2.7 Mio.) The deviation between the Group and the single semi-annual results is mainly based on higher depreciation and amortization regarding the stadium in the Group first half-year statement. The complete semi-annual financial report H1 2009/2010 can be downloaded as pdf.-file from www.borussia-aktie.de (rubric publications). Dortmund, February 26th, 2010 Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH 26.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Borussia Dortmund GmbH & Co. KGaA Rheinlanddamm 207 - 209 44139 Dortmund Deutschland Phone: 0231/ 90 20 - 746 Fax: 0231/ 90 20 - 85746 E-mail: [email protected] Internet: www.borussia-aktie.de ISIN: DE0005493092 WKN: 549309 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart, Hamburg End of News DGAP News-Service ---------------------------------------------------------------------------