MIM MONDO IGEL MEDIA AG: MIM AG Ends 2009 with Losses


MIM MONDO IGEL MEDIA AG / Final Results

26.04.2010 18:58

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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According to the annual accounts prepared by the Board of Management, MIM
AG has finished the financial year 2009 with a loss of EUR -397 k (2008:
EUR 23 k).

The annual turnover was EUR 903 k (2008: EUR 1,875 k). Management
attributes
much of this to the global downturn in demand for programming. The EBITDA
dropped, but remained positive at EUR 264 k (2008: EUR 695 k), while EBIT
fell negative to EUR -386 k (2008: EUR 40 k).

If current negotiations prove fruitful, management expects much improved
results in 2010 with a small annual loss after depreciation and interest
payments.


26.04.2010 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:      MIM MONDO IGEL MEDIA AG
              Palmaille 124 B
              22767 Hamburg
              Deutschland
Phone:        +49 40 306896 -0
Fax:          +49 40 306896 -68
E-mail:       info@mim.ag
Internet:     www.mim.ag
ISIN:         DE000A0BVUP8
WKN:          A0BVUP
Listed:       Regulierter Markt in Hamburg; Freiverkehr in Berlin,
              Düsseldorf, München, Stuttgart; Open Market in Frankfurt

End of News                                     DGAP News-Service

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