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BVB-Aktie IR News Corporate News BVB-share: GSC Research recommends again 'Hold'

BVB-share: GSC Research recommends again 'Hold'

EquityStory AG
Borussia Dortmund GmbH & Co. KGaA

Borussia Dortmund GmbH & Co. KGaA / Key word(s): Research Update

01.02.2010 12:44


The GSC Research GmbH, Düsseldorf, has published a research update dated January 29th, 2010, and has issued again an 'Hold' recommendation.

Borussia Dortmund appears to be weathering the recession comparatively well. The attendance of the home matches is still high and the centennial celebrations had a positive impact on the merchandising business. The economic basis is relatively stable. The business policy of economic rationality and the rejuvenescence of the team in this context has led to a remarkable sporting success as well as a team with sporting prospects. From a capital market view the latter may promise transfer revenues in the future.

For further information please see the column 'capital markets view' under

Dortmund, February 1st, 2010

Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH

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------ Language: English Company: Borussia Dortmund GmbH & Co. KGaA Rheinlanddamm 207 - 209 44139 Dortmund Germany Phone: 0231/ 90 20 - 746 Fax: 0231/ 90 20 - 85746 E-mail: Internet: // ISIN: DE0005493092 WKN: 549309 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service

01.02.2010 12:44
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