Your Family Entertainment AG / Half Year Results
Release 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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Ad hoc statement pursuant to §15 of WpHG (Securities Trading Act)
Your Family Entertainment AG ('YFE') releases semi-annual results for 2007
During the first half of 2007, we focused on entering and expanding new
lines of business and furthering our core operating business.
The EBITDA (earnings before interest, taxes, depreciation, and
amortization) was EUR 608K versus EUR 417K over the first six months of
2006. EBIT (earnings before interest and taxes) rose to EUR 468K compared
with EUR 191K in the prior year six-month period. After accounting for
interest and taxes, the semi-annual earnings of Your Family Entertainment
AG were EUR 396K (prior year: EUR 90K).
In the first six months of 2007, revenues dropped by EUR 1,220K from the
level of EUR 1,510K in the comparable period last year to EUR 290K now.
Following termination of the collaboration with Super RTL as of December
31, 2006, this segment has generated no further revenues. During the
comparable period in the prior year, this segment delivered EUR 505K in
revenues. The majority of the semi-annual revenues of EUR 290K came from
the License Sales line of business (prior year: EUR 1,410K). Other
operating income of EUR 1,026K (EUR 501K in 2006) resulted from settlement
of the lawsuit (see ad hoc statement of June 11, 2007) between YFE and The
Walt Disney Company (Germany) GmbH, whereby the latter paid a consideration
of EUR 1,000K.
The balance sheet total increased to EUR 12,470K from EUR 12,131K as of
December 31, 2006. We raised cash assets, comprising cash at banks, from
EUR 729K as of December 31, 2006 to EUR 1,271K on the reporting date.
Shareholders’ equity was again boosted, from EUR 6,723K on December 31,
2006 to EUR 7,120K for the first six months of 2007. YFE’s shareholders’
equity ratio thus amounts to 57.1% on the balance sheet date of June 30,
2007.
You can view and/or download the Semi-Annual Report from our Web site:
www.yf-e.com and look under Investor Relations/ Financial Reports/ Interim
Reports.
Munich: August 31, 2007
Contact:
Your Family Entertainment AG
Nordendstraße 64
80801 Munich
Germany
Contact:
Mr. Edmund Appelt
Phone: +49 89 997271-22
Fax: +49 89 997271-91
edmund.appelt@yfe-ag.com
31.08.2007 Financial News transmitted by DGAP
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Language: English
Issuer: Your Family Entertainment AG
Nordendstr. 64
80801 München
Deutschland
Phone: +49 (0)89 997 271-11
Fax: +49 (0)89 997 271-91
E-mail: ir@yfe-ag.de
Internet: www.yfe-ag.de
ISIN: DE0005408918
WKN: 540891
Indices:
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr
in Berlin, Stuttgart, Hamburg, Düsseldorf
End of News DGAP News-Service
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