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19.03.2018 14:31:53

DGAP-Ad hoc: Pantaflix AG

DGAP-Adhoc: Positive pre-tax result - Pantaflix announces preliminary figures for 2017

DGAP-Ad-hoc: PANTAFLIX AG / Key word(s): Preliminary Results
Positive pre-tax result - PANTAFLIX announces preliminary figures for 2017

19-March-2018 / 14:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Positive pre-tax result - PANTAFLIX announces preliminary figures for 2017

Munich, 19 March 2018 - PANTAFLIX AG (GSIN: A12UPJ, ISIN: DE000A12UPJ7) achieved a total output of EUR 41.5 million in FY 2017 (previous year: EUR 15.6 million) according to preliminary and unaudited figures. Compared to the previous year this represents an increase of around 166%. Ongoing film and series production assignments (e.g. You are Wanted - Season 2) in the amount of EUR 10.8 million came in addition to sales (including other operating income) of EUR 30.4 million. These extremely successful business developments led to a preliminary operating result (EBITDA) of EUR 17.7 million in FY 2017 (previous year: EUR 9.2 million). Thus, PANTAFLIX AG generated a positive pre-tax result (EBT) of EUR 2.3 million in the past fiscal year. Compared to the previous year, this represents an increase of EUR 4.0 million.

The audited results will be available in the Investor Relations section of the company's website in conjunction with the publication of the 2017 Annual Report on 26 April 2018.

Investor Relations Contact:

PANTAFLIX AG
Eerik Budarz
Head of Capital Markets
Stephanstr. 1
D-60313 Frankfurt
phone: +49 (0)69 2002 34 99
fax: +49 (0)69 2002 34 97
mail: e.budarz@pantaflix.com

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
phone: +49 (0)89 89827227
mail: sh@crossalliance.com


19-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: PANTAFLIX AG
Holzstraße 30
80469 Munich
Germany
Phone: +49 89 2323 85 50
Fax: +49 89 2323 85 519
E-mail: contact@pantaflix.com
Internet: www.pantaflixgroup.com
ISIN: DE000A12UPJ7
WKN: A12UPJ
Indices: Scale
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

665567  19-March-2018 CET/CEST

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