Borussia Dortmund GmbH & Co. KGaA / Key word(s): Half Year Results
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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 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
Borussia Dortmund GmbH & Co. KGaA
Rheinlanddamm 207 - 209
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