DEAG increases EBIT in 2010 by 71% to EUR 8.2 million

EBITDA EUR 10.1 million after EUR 6.4 million in 2009, plus 57 percent / Sales revenues EUR 125.2 million after EUR 116.7 million, plus 7 percent / Forecast 2011: A further rise in all earnings ratios with growing sales revenues

Berlin, (PresseBox) - DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G6) continued its sustainable growth course with a simultaneous significant increase in margins and profit in fiscal 2010 according to preliminary figures. As announced, all earnings ratios rose over-proportionally compared to sales revenues on an altogether declining market.

EBITDA went up by 57 percent to EUR 10.1 million after EUR 6.4 million in fiscal 2009. A 73 percent growth rate had already been achieved last year for this area. EBIT advanced by 71 percent to EUR 8.2 million after EUR 4.8 million in 2009. The consensus forecasts of the analysts were exceeded by about one third on EBITDA level. Sales revenues increased by 7% to EUR 125.2 million (prior year: EUR 116.7 million). The Group results will be published on March 31, 2011 together with the financial statements.

The sustainable positive business development confirms the strategic orientation. DEAG is an integrated Entertainment Content company, which pushes the extension of high-margin business segments. Apart from a good business development in Switzerland, growth in the Classical Music segment, the development of middle-of-the-road and Schlager music and the European expansion contribute to the rise in profitability. The early focusing on the 360 degree model by DEAG, the integration of the record label and music publishing, sponsoring, product refinement and e.g. merchandise, resulted in a sustainable rise in earnings sources within the Group. The appropriateness of this strategy deployed by DEAG is demonstrated by the excellent results in 2010 in line with those achieved in 2009.

The DEAG Executive Board anticipates a continuation of the positive business development in 2011. During the current year all earnings ratios are to be improved further. The focus will be on the ongoing strategic stepping up of the high-margin business, with special emphasis on the European expansion and the ongoing integration of the 360 degree model. With concerts and tours, for instance by Peter Maffay, Amy Winehouse, Bon Jovi, Jean Michel Jarre, Justin Bieber, Rush or Sting in the Rock/Pop segment and Classical Music tours with Anna Netrebko, David Garrett and major productions such as "Romeo & Juliet" in The O2 arena in London, DEAG is in an excellent position for 2011.

The final numbers and the Annual Report 2010 will be published on March 31, 2011 and will be posted on in the Investor Relations section during the day.

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