CINEMEDIA AG
Berliner Synchron AG: Significant improvement in results in first quarter of 2014, investments in technology, outlook positive.
Berliner Synchron AG / Key word(s): Quarter Results/Forecast Berlin, 05 May 2014. In the first quarter of 2014, Berliner Synchron AG has continued its positive business development of last year. After incurring an operating loss of EUR 209,000 in the same period last year, the well-established synchronisation company has now generated a positive operating result of EUR 41,000. This confirms in the view of the Board the correctness of the new strategy that has been introduced and has proved to be successful since the 2013 fiscal year. After the company completely rid itself of liabilities last year, there has also once again been extensive investment. This currently involves in particular the improvement of digital structures including, for example, investment in a fully automatic backup structure of the SAN network. In the course of the financial year, further investment is to follow as part of the progressive digitalisation within the industry, and also to create more space for customer contact and for creative work in the studios. For the current financial year as a whole, the Management Board is confident that also with a view to a livelier order situation, it will be able to continue to improve operating results and carry forward company strategy. Upcoming Events About Berliner Synchron AG Berliner Synchron AG is the origin of dubbing services in Germany for the professional language adaptation and subtitling of international feature films and television productions, corporate media and multimedia content, as well as barrier-free localization solutions. As one of the leaders of the German dubbing industry with more than 60 full-time employees, the company has built up an excellent world-wide reputation over its 63 years and has a track record of more than 7,000 localized projects. With a passion for language and sound as well as respect for the creative invention of the original, this well-established company has been devoted to one purpose since its founding in 1949: To feel the original. For further information: http://www.berliner-synchron.de Contact Berliner Synchron AG End of Corporate News 05.05.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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