Constantin Medien AG : Constantin Medien affirms expectations for financial year 2012
06/27/2012| 02:07pm US/Eastern
CEO Bernhard Burgener: "We want to exceed our targets again
Annual General Meeting approves all agenda items by a large
At today's Annual General Meeting in Munich, Constantin Medien
AG affirmed the projection for the financial year 2012.
"Constantin Medien is well-positioned to grow in the coming
years and to operate with positive figures across all earnings
levels", CEO Bernhard Burgener told approximately 300
The media company projects consolidated sales of between 460
million Euro to 480 million Euro for 2012 (2011: 465.7 million
Euro). The positive trend in the result of operations reported
in the past years should continue and a balanced result after
taxes (earnings attributable to shareholders) will be reported
(2011: minus 2.6 million Euro). "We have always held our word
in the past or have exceeded our own expectations. Naturally,
it is our goal to perform better than planned in 2012, too",
stated Mr Burgener.
The shareholders, representing 49.29 % of the share capital,
approved all agenda items with a majority of more than 99 %.
The shareholders confirmed the appointments of Supervisory
Board Members Fred Kogel, who is also the Chairman of the
Supervisory Board, and Jan P. Weidner.
For further information with regards to the Annual General
Meeting, please refer to www.constantin-medien.de.