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.

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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

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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
 
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