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Nicholas Sparks
The Best Of Me - Mein Weg Zu Dir
ARMIN VAN BUUREN
Anthems-Ultimate Singles Collected
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Entenblues - Erwin Düsedieker Ermittelt
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Pfade Der Sehnsucht
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Eiszeit
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Der Rosie-Effekt
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Tödliche Oliven
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Miranda
Staffel 1
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Greenlove
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Feast Of Friends
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Kontor Top Of The Clubs-Biggest Hits Of 2014
Various Artists
Goa Vol.52
Various Artists
Hardstyle Sounds Vol.3
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Pasta
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Kekse,Cookies,Macarons
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Das rotierende Nichts
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Mode im Kino
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Das Silmarillion (mp3)
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Dunkelsprung - Vielleicht Kein Märchen (mp3)
Francis Durbridge
Paul Temple Und Der Fall Gregory
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Der Ruf des Kuckucks (mp3)
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Schattenschrei (mp3)
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Command Authority - Kampf Um Die Krim(mp3)
GENESIS
Sum Of The Parts
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Sum Of The Parts
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I See You(Special Edition)
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Eine Bluse macht noch keinen Sommer
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San Miguel (SA/mp3)
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London 1966/1967
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Fistful Of Hollow
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From The Vault-L.A.Forum-Live In 1975
The Rolling Stones
From The Vault-L.A.Forum-Live In 1975
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Weihnachten Mit Jay Alexander
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Moving Parts
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Grand Morbid Funeral(Special Edition)
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Uprising Live!
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Uprising Live!
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Miss Blackpool (mp3)
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Der Seidenspinner (mp3)
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Vergessen kannst du nicht
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Mother-Sie Schlägt Zurück
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Mother-Sie Schlägt Zurück
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Live In Tokyo
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Live In Tokyo
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Keito Saito / Axel Zwingenberger
The Joy Of Boogie Woogie
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Ameisen Küssen Nicht
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Narren sterben
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Hafen der Sehnsucht
Simon Jäger
Totenblick (mp3)
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Töten ist ein einsames Geschäft
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Mord in Concert
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Die Falle im Eis
Paula Gosling
Tod auf dem Campus
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Der Polizistenkiller
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Die Dame in Rot
Paula Gosling
Ein echtes Gaunerstück
Penelope Williamson
Westwärts
Penelope Williamson
Über den Wolken
Penelope Williamson
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Queen Esther Marrow's The Harlem Gospel Singers Show
The Power Of Love
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R40
The Duskfall
Where The Tree Stands Dead
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Mother-Sie Schlägt Zurück - inkl.2D-Version
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Tomorrowland-Music Will Unite Us Forever
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Kontor Festival Sounds 2015
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Releases:
Paul Ripke
One Night in Rio - die Fan-Edition
Paul Ripke
One Night in Rio - die Gold-Edition
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Atemkraft
Sascha Rotermund
Das Rachespiel (SA)
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Das Skript (SA)
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Das Wesen (SA)
Sascha Rotermund
Der Sarg (SA)
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The Power Of The Heart
Hans Rath
Die Hans Rath Box
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Last Chance To Dance
Volker Kutscher
Märzgefallene
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XXL
Dolph Lundgren
XXL
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(1)Collection
Hollywoods Top Legenden
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Die Weiße Beckett Box (mp3)
Marcia Rose
Geliebter Unbekannter
Various Artists
Der Koch
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Wie Wünsche Wahr Werden
Tommy Jaud / Christoph Maria Herbst
Die Simon Peters Box (mp3)
Valentina Berger
Der Menschennäher
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Camille
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Viel Lärm Um Nichts
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Suriyothai-Die Kriegsprinzessin
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Camille
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Viel Lärm Um Nichts
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In The Club 2015.1
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Suriyothai-Die Kriegsprinzessin
Winston Groom
Forrest Gump
Winston Groom
Die letzten Tage des Sommers
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Contact

Bernd Hocke

Edel AG
Bernd Hocke
General Manager

Consolidated figures for the first half of the year

Wednesday, 14. May 2008
Edel AG – Pressemitteilung

Revenues up in the first half, earnings better than expected, edel investing

Hamburg - edel AG has prepared its consolidated financial statements for the first half of its fiscal year (October 1, 2007 - March 30, 2008). Despite difficult market conditions, the end-to-end media service provider was able to boost its sales again. Adjusted for the sale of Swiss subsidiary Phonag in 2007, sales increased by a good ten percent to EUR 76.6 million (first half of 2006/2007 (adjusted): EUR 69.4 million). EBIT came to EUR 3.0 million. Adjusted for the proceeds from the reversal of provisions in the year-ago period, earnings came very close to the previous year’s level and thus beat the company’s forecast. This shows that the pressure on margins in core business has long since become a calculable parameter. Says Michael Haentjes, CEO of edel music AG: “Failure in this industry to anticipate price hikes and pressure by retailers to offer discounts can quickly have dire consequences. We always take account of such imponderabilities in our forecasts to ensure that we are able to react swiftly both strategically and at the operating level. This is not least of all the reason for our decision to focus on book business.” Since last fiscal year, edel AG has been extending all of its service to including the book segment.

edel is investing: The capital spending budget rose from EUR 2.1 million as of March 31, 2007 to EUR 7.3 million as of March 31, 2008 on account of the new printing and service facilities which are currently under construction. edel is repaying its loans: In the first half of its fiscal year, the Company again paid back EUR 4.2 million of its bank loans and systematically used new loans for financing its capital spending plans.

Says Haentjes: “We are busy. Our sales are up, earnings are looking good and we have our costs under control. We are cautiously very confident that full-year earnings will exceed the previous year’s figures and are expecting a surge in the second half of the year. This forecast is borne out by the current indicators: At the moment, we are thrilled to see that Scooter has shot to No. 1 position on the UK albums chart, while our subsidiary optimal media production is boasting full order books. Last week, I read a report on the interim financial statements issued by one of the music majors, which confirmed to me just how well edel is positioned particularly compared with its peers.”


The Company will be releasing its full interim report on the first half of its fiscal year at the end of May 2008.

The consolidated financial statements in figures: