MAGIX GmbH & Co. KGaA
MAGIX AG: Negative EBIT in 2011/2012
MAGIX AG / Key word(s): Final Results/Preliminary Results 12.11.2012 12:23 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. --------------------------------------------------------------------------- Berlin, 12 November 2012 - MAGIX AG (ISIN DE0007220782) has realized negative EBIT for the 2011/2012 fiscal year, according to preliminary, unaudited figures. The strained situation in European retail and on the global PC market considerably affected the group's business. As a result, group revenues from October 2011 to September 2012 dropped by 20% to EUR 28.8 million compared to the previous year. While direct sales have increased slightly, revenues in retail were considerably lower than in the previous year. It was not possible to compensate this development with increased revenues in the B2B sector. The drop in revenues entailed a 19% drop in gross results to EUR 25.1 million. The operative costs at EUR 22.1 million (-1%) as well as depreciations at EUR 3.8 million (-1%) remained almost unchanged. Thus, the group generated negative EBIT amounting to EUR -1.1 million (previous year: EUR 5.3 million). Detailed information concerning the preliminary, unaudited figures of the 2011/2012 financial year will be released on Tuesday, 13 November, 2012 in an online presentation hosted by the company's Management Board members on http://ir.magix.com. The company will publish its annual report on 31 January, 2013. 12.11.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: MAGIX AG Friedrichstraße 200 10117 Berlin Germany Phone: +49 (0)30- 29 39 2-280 Fax: +49 (0)30- 29 39 2-415 E-mail: ir@magix.net Internet: www.magix.com ISIN: DE0007220782 WKN: 722078 Indices: Prime Software, Prime IG Software Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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