Constantin Medien AG announced earnings results for the year 2018. For the year, group sales fell to EUR 119.1 million from EUR 263.8 million for the same period a year ago. The loss from operations fell to EUR 2.8 million from EUR 36.7 million for the same period a year ago. The financial loss improved considerably to EUR 0.5 million against EUR 5.3 million for the same period a year ago. The group net loss amounted to EUR 4.4 million, compared with net income of EUR 28.8 million the year before.

For 2019, the company is expecting stable revenues at Group level compared with last year. In almost all KPIs, the group expects considerably higher, positive figures year-on-year. Based on current developments in the Sports division, the Management Board of Constantin Medien AG currently expects for the 2019 financial year Group sales of EUR 105 million to EUR 125 million and Group earnings attributable to shareholders of between earnings of EUR 0.5 million and loss of EUR 3.0 million.