-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
Accounting and Audits/Segment Change
30.03.2007
The Supervisory Board of MIM MONDO IGEL MEDIA AG approved the audited annual results of 2006 as presented by the Board of Management today.
MIM increased its turnover to EUR 1.7 million (2005: 1.5 million), which contributed to pulling its Result of Ordinary Activities up to EUR 79 k (2005: EUR -352 k). EBITDA was also increased substantially, from EUR 536 k in 2005 to EUR 749 k in 2006. Net profit for the year fell slightly, but remained positive at EUR 79 k (2005: EUR 141 k).
The company saw the new stricter publication requirements on German regulated markets as a good opportunity for a decision: at the their meeting today, the Board of Management and Supervisory Board also mutually decided to change MIM’s market segment from the Hamburg Start-Up Market to the Hamburg Regulated Market.
end of announcement euro adhoc 30.03.2007 17:13:54 --------------------------------------------------------------------------------
ots Originaltext: MIM MONDO IGEL MEDIA AG Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note: Jedidiah Harris General Manager Telefon: +49(0)40 306896 10 E-Mail: jharris@mim.ag
