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wige Media AG (WIGGk.DE)

WIGGk.DE on Xetra

24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

wige MEDIA decides on capital increase
Wednesday, 22 Mar 2017 02:20am EDT 

wige MEDIA AG : Said on Tuesday decides on capital increase . Said planned gross proceeds of up to approx. 4.02 million euros ($4.34 million) .Share capital is to be increased by up to 1,608,288.00 euros by issue of up to 1,608,288 new shares.  Full Article

wige Media AG anticipates positive performance in 2017
Tuesday, 7 Mar 2017 11:34am EST 

wige Media AG : dgap-adhoc: _wige media ag anticipates positive performance in 2017 . In current financial year, expects revenues of around 60 million euros, EBITDA of 2.7 million euros and earnings before tax (EBIT) of 1.5 million euros . In medium term, revenues are expected to increase to around 100 million euros, accompanied by an EBIT margin of 10% . Company's management board has today approved respective medium-term planning .Provisional, unaudited, FY 2016 statements, which include discontinued broadcast business respectively, report revenues of around 60 million euros due to group restructuring and earnings before tax (EBT) of -6.5 million euros.  Full Article

Wige Media H1 revenue of around 30 mln euros
Friday, 30 Sep 2016 04:49am EDT 

Wige Media AG : Revenue in first half of year of around 30 million euros(-2.6 million euros compared to previous year) . H1 EBITDA of -1.1 million euros (-2 million euros compared to previous year) and post-tax earnings of -2.8 million euros, did not reach its previous year's figures .Reaffirms its prognosis for 2016 after major commission.  Full Article

Wige Media says extends major order with Porsche
Thursday, 29 Sep 2016 10:58am EDT 

Wige Media AG : Wige Media and Porsche extend prematurely major order .Cooperation extended by the end of 2018.  Full Article

Wige Media receives order from Kuwait
Wednesday, 28 Sep 2016 04:50am EDT 

Wige Media AG : Received a letter of intent for the technical equipment of a racetrack project in Kuwait . Order volume for the first planned three phases is of around 8.5 million euros ($9.52 million) .Based on the expected agreement, the management board confirms its forecast for 2016.  Full Article

Wige Media Q1 sales down at 10.3 million euros
Friday, 13 May 2016 03:01am EDT 

Wige Media AG : Q1 sales of 10.3 million euros ($11.68 million) (Q1 2015: 12.9 million euros) . Q1 EBIT at -3.5 million euros versus -2.8 million euros year ago . Raised forecast for fiscal 2016 confirmed .Q1 result after tax with -3.676 million euros lower than in the same prior-year quarter (-2.949 million euros).  Full Article

_wige Media takes over a majority stake in the sport media group
Friday, 29 Apr 2016 09:30am EDT 

_wige Media AG:Takes over a majority stake in the sport media group.As agreed in November, _wige media, which already holds 16.7 pct, has exercised its option to purchase and has increased its stake to 51 pct in a first step.Takeover is expected to take effect on Sept. 30, 2016.Over course of year, _wige intends to raise its participating interest by up to 85 pct.In order to finance its growth, company secured gross issuing proceeds of 5 million euros from two capital increases.  Full Article

_wige Media AG gives FY 2016 outlook in line with analysts' estimates, gives FY 2018 outlook
Monday, 25 Apr 2016 03:36am EDT 

_wige Media AG:Revenues set to grow by more than 10 pct in FY 2016.EBITDA expected to more than double to 4 million euros at minimum in FY 2016.Intends to reach a revenue level of 100 million euros and an EBITDA margin of 11 pct by FY 2018.FY 2016 revenue estimate 69.50 million euros - Thomson Reuters I/B/E/S.FY 2016 EBITDA estimate 4.95 million euros - Thomson Reuters I/B/E/S.  Full Article

_wige Media AG completes capital increase
Wednesday, 16 Mar 2016 05:14am EDT 

_wige Media AG:Capital increase completed, gross proceeds of around 3.3 million euros ($3.66 million).  Full Article

_wige Media AG Acquires operational business of Alpwerk GmbH‍
Tuesday, 15 Mar 2016 08:00pm EDT 

_wige Media AG:Retroactive to 01.01.2016 _wige acquires operational business of Alpwerk GmbH‍​.  Full Article

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BRIEF-wige MEDIA decides on capital increase

* Said planned gross proceeds of up to approx. 4.02 million euros ($4.34 million)