Berlin - April 2, 2012: Both Executive and Supervisory Board of DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G6) will propose the payment of a warm-up dividend for FY 2011 of 4 cent to the Annual General Meeting scheduled for June 22, 2012. Despite the aspired further growth shareholders are to benefit from the significant profit rises of the company and receive a dividend for the first time in company history.

During fiscal year 2011 the Group result after taxes and minorities rose by over 90 % to EUR 2.5 million after EUR 1.3 million in the previous year. Earnings per share amounted to EUR 0.21 compared to EUR 0.11 in 2010 and EUR 0.04 in 2009. For 2012 DEAG’s Executive Board anticipates a continuation of the positive business development.

As DEAG’s CEO Prof. Peter L.H. Schwenkow explains: „With the inception of the dividend payment we document the gained yield power of DEAG. We intend to let shareholders participate in the positive business development now and in the future.“

DEAG Deutsche Entertainment AG
Executive Board

DEAG Deutsche Entertainment AG is a leading provider of live entertainment and the largest organizer of high-margin classical events in Europe. Founded in 1978 and stock-listed since 1998, the company draws on 30+ years of experience. With group companies in Germany, the UK and Switzerland, DEAG stages 1,500+ events and sells 3.5 m tickets per year in the fields of family entertainment, rock/pop, classical and German music. The company also operates venues in Frankfurt/M, Stuttgart and Zurich. In the concert business, DEAG acts as both tour organizer and local promoter, ensuring additional risk diversification through its broad positioning. During recent years, DEAG continuously enhanced its value chain by implementing a comprehensive “360-Degree Approach.” With its own music label DEAG Music and a wide range of activities in publishing rights, live recording, sponsoring, merchandise, ticketing etc and powerful partners such as Sony Music Entertainment, Ticketmaster, Ringier AG et al, DEAG is perfectly positioned as an integrated and highly synergistic international Entertainment Content Company.

For further information please contact:
Axel Muehlhaus
edicto GmbH
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Tel: +49 69 90 550 552
Email: deag@edicto.de

This release was published on openPR.