WIG1 Sporttotal AG

DGAP-News: SPORTTOTAL AG postpones publication of the Annual Report 2019 and affirms forecast for the financial year 2019

DGAP-News: SPORTTOTAL AG / Key word(s): Annual Results
SPORTTOTAL AG postpones publication of the Annual Report 2019 and affirms forecast for the financial year 2019

22.04.2020 / 10:00
The issuer is solely responsible for the content of this announcement.


SPORTTOTAL postpones publication of the Annual Report 2019 and affirms forecast for the financial year 2019

- Figures forecasted for 2019 affirmed

- Annual report 2019 to be published on June 30 due to capacity shortfalls

Cologne, 22 April 2020. Based on the preliminary financial figures available, SPORTTOTAL AG affirms its forecast for revenues and earnings for the financial year 2019: revenues (€ 37.0 million to €39.0 million) and EBIT (€-12.0 to €-13.0 million) are expected to lie within the range anticipated. SPORTTOTAL AG is aiming to publish your Annual Report 2019 on June 30. The date for the publication has been postponed due to capacity shortfalls in the Finance department caused by the Corona epidemic.

About SPORTTOTAL AG

SPORTTOTAL AG (ISIN: DE000A1EMG56), headquartered in Cologne, is a technology and media company on a growth path in the rapidly scalable digital business with video platforms and communities (DIGITAL), in the high-margin national and international project business (VENUES), as well as in the live events business (LIVE). The company, which was founded in 1979, operates a high-traffic portal with strong growth for online sport videos and live streaming. The company equips sports clubs with special camera technology which enables sports events to be transmitted live in a high quality and fully automatically on "sporttotal". SPORTTOTAL AG's service portfolio also comprises the technical equipping of racing circuits and sports facilities, as well as the production and marketing of sports events such as the ADAC TOTAL 24-Hour Race at the Nürburgring. In addition, SPORTTOTAL AG also produces content for prestigious companies such Porsche, Audi, Mercedes/AMG, Red Bull and VW and organises high-calibre live events such as the Porsche Experience.

For more information:

SPORTTOTAL AG
Am Coloneum 2
50829 Cologne, Germany

Tel: +49 (0) 221_7 88 77_ 0
Fax: +49 (0) 221_7 88 77_ 199

Investor Relations
BSK Becker+Schreiner Kommunikation GmbH
Tobias M. Weitzel
Tel: +49 (0) 177_7 21 57 60



22.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: SPORTTOTAL AG
Am Coloneum 2
50829 Köln
Germany
Phone: +49 (0)221 7 88 77 0
Fax: +49 (0)221 7 88 77 199
E-mail:
Internet:
ISIN: DE000A1EMG56
WKN: A1EMG5
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1026671

 
End of News DGAP News Service

1026671  22.04.2020 

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22/04/2020

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