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DEAG Deutsche Entertainment AG (ERMGk.DE)

ERMGk.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

DEAG Deutsche Entertainment successfully places capital increase
Tuesday, 23 May 2017 06:47am EDT 

May 23 (Reuters) - DEAG DEUTSCHE ENTERTAINMENT AG ::CAPITAL INCREASE SUCCESSFULLY PLACED.GROSS ISSUE PROCEEDS IS EUR 4,905,813.60.  Full Article

DEAG to boost its market expansion in UK
Tuesday, 2 May 2017 03:31pm EDT 

May 2 (Reuters) - Deag Deutsche Entertainment Ag :Deag to boost its market expansion in UK.Acquisition should be carried out in coming weeks.Acquisition should lead to increase in available annual ticket volume by about 400,000 tickets to about more than 2.0 million tickets in uk.Expects significant synergy effects in area of artist and program marketing as well.Expects to generate profit in current FY in seven-digit range from all ticketing activities in Germany, Austria, UK combined.Planning to file for a second listing on alternative investment market of London stock exchange.  Full Article

DEAG intends to increase capital with subscription rights by utilizing authorized capital
Tuesday, 2 May 2017 03:05pm EDT 

May 2 (Reuters) - Deag Deutsche Entertainment Ag :DEAG intends to increase capital with subscription rights by utilizing authorized capital.Executive board approved cash capital increase with subscription rights from authorized capital.Company's capital of 16.3 million euros is to be increased by up to euro 2 million to 18.4 million euros.Issuing up to 2 million new bearer shares with a notional share in share capital of 1.00 euro per share.Intends to use expected gross proceeds of up to 5 million euros to finance planned expansion of uk business.  Full Article

DEAG Deutsche Entertainment FY sales prior to consolidation stable at 204.9 million euros
Thursday, 13 Apr 2017 07:47am EDT 

DEAG Deutsche Entertainment AG : Continued high sales level with further improvement in earnings expected for 2017 . Sales of 204.9 million euros ($217.73 million) in 2016 prior to consolidation and was thus roughly on previous year's level . EBIT in 2016 amounted to 0.5 million euros (previous year: -26.2 million euros) .For 2017, executive board expects EBIT in medium to upper single-digit million euro range.  Full Article

DEAG Deutsche Entertainment sells stake in Manfred Hertlein Veranstaltungs GmbH
Monday, 13 Feb 2017 06:45am EST 

DEAG Deutsche Entertainment AG : Has sold its stake in Würzburg-based Manfred Hertlein Veranstaltungs GmbH, which it held through Gold Entertainment GmbH, company it co-operated together with Sony Music .Intends to increase its shares in Gold Entertainment GmbH to 100%.  Full Article

DEAG H1 sales down at 78.9 million euros
Tuesday, 30 Aug 2016 01:38am EDT 

DEAG Deutsche Entertainment AG : Publishes half-year result and confirms forecast for financial year 2016 . H1 sales of 78.9 million euros (H1 2015: 118.7 million euros) and EBIT of -3.8 million euros (H1 2015: -7.9 million euros) . Is optimistic about reaching planned EBIT of 3 to 5 million euros for whole financial year 2016 . Despite "Brexit", English market remains highly attractive to DEAG, which is why company is examining opportunistic acquisition opportunities there as well .Executive board expects continued dynamic growth, particularly since six large rock tours are currently in preparation for 2017.  Full Article

Deag Deutsche Entertainment successfully places convertible bonds
Monday, 27 Jun 2016 09:42am EDT 

Deag Deutsche Entertainment AG : Convertible bonds successfully placed . Cash inflow in amount of 5.1 million euros ($5.62 million) .Possible conversion into up to 1,457,121 shares.  Full Article

DEAG Deutsche Entertainment confirms FY forecast
Thursday, 23 Jun 2016 09:12am EDT 

DEAG Deutsche Entertainment AG :Confirms FY 2016 forecast; EBIT of at least 3 million euros to 5 million euros ($3.42 million - $5.69 million) is to be achieved.  Full Article

DEAG Deutsche Entertainment Q1 sales revenues at 31.3 million euros
Tuesday, 31 May 2016 09:07am EDT 

Deag Deutsche Entertainment AG : Q1 earnings before interest and taxes (EBIT) of 0.3 million euros ($334,710.00), compared to 2.0 million euros in prior-year period . Confirms its positive full-year outlook 2016 . Q1 sales revenues totalled 31.3 million euros, compared to 38.9 million euros in prior-year period .Good first quarter 2016 confirms positive full-year outlook.  Full Article

DEAG Deutsche Entertainment AG sells 49 pct of Jahrhunderthalle
Monday, 7 Mar 2016 10:18am EST 

DEAG Deutsche Entertainment AG:Sells 49 pct of Jahrhunderthalle.Purchase price of 6.9 million euros to serve further growth.  Full Article

More From Around the Web

BRIEF-DEAG Deutsche Entertainment successfully places capital increase

* GROSS ISSUE PROCEEDS IS EUR 4,905,813.60 Source text - http://bit.ly/2qbXY1D Further company coverage: (Gdynia Newsroom)