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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 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

DEAG Deutsche Entertainment and Till Broenner enter agreement
Thursday, 11 Feb 2016 07:00pm EST 

DEAG Deutsche Entertainment AG:‍DEAG and Till Broenner enter into an exclusive partner agreement for live business​ ‍.Long-term partnership between subsidiary DEAG Classics AG and Till Broenner involves core areas of promoter in Germany, Austria, Switzerland and in Great Britain​.  Full Article

DEAG Deutsche Entertainment AG issues FY 2016 outlook below analysts' estimates
Thursday, 4 Feb 2016 10:30am EST 

DEAG Deutsche Entertainment AG:Anticipates EBIT of at least 3 to 5 million euros in 2016​.FY 2016 EBIT 11.20 million euros - Thomson Reuters I/B/E/S.  Full Article

DEAG Deutsche Entertainment comments on FY 2016 outlook
Monday, 30 Nov 2015 10:43am EST 

DEAG Deutsche Entertainment AG:As far as FY 2016 is concerned, executive board assumes that overall there will not be any additional strains from Festivals business unit.For FY 2016 executive board expects that revenues will continue to rise.  Full Article

DEAG Deutsche Entertainment: Axel Springer and Starwatch Entertainment invest in DEAG unit Myticket
Tuesday, 18 Aug 2015 06:26am EDT 

DEAG Deutsche Entertainment AG:Axel Springer and Starwatch Entertainment invest in DEAG subsidiary Myticket.Investment of media partners within framework of a media-for-equity agreement of 20 percent each.Contribution of 18 million euros of media volume supports further development of positioning of Myticket on German ticketing market.  Full Article

More From Around the Web

BRIEF-DEAG Deutsche Entertainment sells stake in Manfred Hertlein Veranstaltungs GmbH

* 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