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Research update: Constantin Medien AG

May 28, 2010



Up to €40mn cash outflow in Q2

Q1 revisited
Constantin Medien’s Q1 results surprised on the downside, though company claims they were "according to plan". Both group revenues and ...


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Research update: Constantin Medien AG

November 30, 2009



Broadcasting gloom

Q3/09 review
Constantin Medien reported mixed Q3 results. Both divisions Film and Sports- and Event-Marketing were better than expected, while advertising driven Sports segment was ...


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Research update: Constantin Medien AG

May 29, 2009



No advertising recovery expected

Q1/09 review
Constantin Medien reported Q1/09 revenues and earnings on May 26. Revenues of €120.8mn were driven by the full consolidation of Highlight Communications and Constantin Film. On a LFL basis, revenues collapsed to ...

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Re-initiation of Coverage: EM.SPORT MEDIA AG

July 08, 2008



Highlighting the consequences

What belongs together grows together
Following the planned takeover of Highlight, EM.SPORT will become one of Germany's leading media companies. The media value chain will then reach from the acquisition of and trading in rights, via production and marketing on all analogue and digital platforms, to TV and film production...


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Research update: EM.TV AG

April 16, 2007



Growth from new media

Niche content producer EM.TV has two divisions both with sound sales and earnings prospects in new media markets. The group reported 2006 sales grew by 21% to EUR 253m. Strong growth was also seen in net...


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Research Update: EM.TV

August 22, 2006



Producing the right model

As a niche media content producer, EM.TV should have a growing and sustainable business model in an otherwise increasingly uncertain German media industry, particularly with triple and quadruple...


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