buch.de internetstores AG / Preliminary Results
15.01.2009
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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--- Preliminary annual consolidated financial statements ---
- Sales up 8% to around EUR 70 million
- Earnings forecast of between EUR 1.2 million and EUR 1.8 million
confirmed
- Upbeat Christmas business
Münster, 15 January, 2009 buch.de internetstores AG (ISIN: DE0005204606,
Symbol: BUE) is set to generate sales of around EUR 70 million for the
financial year 2008 according to preliminary, unaudited figures, up 8
percent year-on-year (EUR 65 million). As recently forecast, earnings
before taxes will come in between EUR 1.2 million and EUR 1.8 million
(previous year: EUR 1.5 million).
The 8 percent increase in sales puts the figure in line with the adjusted
full year sales forecast released on 20 October. Slower growth in sales
compared to the previous year was attributable to media supplier TMI
ceasing business due to insolvency, which resulted in a decline in growth
at the beginning of the fourth quarter. However, a significant upturn in
sales was achieved from the end of November, with the rapid transition of
business to the new media wholesaler playing a key role. This was also the
basis for sustaining upbeat development over the Christmas period.
Based on the preliminary figures for the fourth quarter of 2008, the
Management Board is confirming its October forecast. According to that, the
group will report full year earnings before taxes (EBT) of between EUR 1.2
million and EUR 1.8 million.
The key figures from the companys final annual consolidated financial
statements will be published on 12 March 2009 together with a forecast for
development in the coming year. The complete Annual Report 2008 will be
available at http://ag.buch.de from 31 March 2009.
Other dates 2009:
7 May 2009: Key figures Q1 2009 / Interim report
4 June 2009: Annual General Meeting 2009
6 Aug. 2009: Key figures 1st half 2009
31 Aug. 2009: Half year report 2009 published online
5 Nov. 2009: Key figures Q3 2009 / Interim report
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Information and Explaination of the Issuer to this News:
buch.de internetstores AG is a public company headquarted in Münster,
Germany. It is subject to German law and listed in the regulated market of
the Frankfurt stock exchange. The company was founded in 1998 and is
specialised on retailing books, music, films, software and games online.
Its product range is complemented by office goods and consumer electronics.
With its subsidiary buch.ch AG (Winterthur/Switzerland), buch.de
internetstores AG currently operates 18 web shops in Germany, Austria and
Switzerland, as well as the Alexandria online community. These web shops
include buch.de, bol.de, alphamusic.de, flexist.de, buch.ch, bol.ch and
lion.cc as well as the internet site of Thalia book shops thalia.de,
thalia.at and thalia.ch.
The authorised capital of buch.de internetstores AG is EUR 10.4 million.
The main shareholders are Thalia Holding GmbH, a majority of which is held
by Douglas Holding AG, with 35.2 percent and Reinhard Mohn GmbH, a
wholly-owned subsidiary of Bertelsmann AG, with 26.7 percent.
buch.de internetstores AG
An den Speichern 8
48157 Münster
Dr. Bettina Althaus, Head of Corporate Communications
Tel. +49 (0)251 5309-140, Fax +49 (0)251 5309-119, Mail althaus@buch.de
http://ag.buch.de
DGAP 15.01.2009
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Language: English
Issuer: buch.de internetstores AG
An den Speichern 8
48157 Münster
Deutschland
Phone: +49 (0)251 5309-0
Fax: +49 (0)251 5309-119
E-mail: ir@buch.de
Internet: http://ag.buch.de
ISIN: DE0005204606
WKN: 520460
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, München, Düsseldorf, Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: buch.de internetstores AG: Trading Statement FY 2008
| Quelle: EQS Group AG