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In accordance with IASs, m4e AG generated consolidated revenues of EUR 3.64 million. The Company’s figures are not comparable with those of 2006 due to the fact that it only became an aktiengesellschaft (German stock corporation) on May 1, 2007 and that the acquisition of its subsidiary Tex- Ass GmbH can only be consolidated from its acquisition date of November 15, 2007. Thus, the Company’s final figures for fiscal year 2007 exceeded the Executive Board’s expectations. m4e AG achieved an EBIT margin of around 36%. Net profit for the period before minority interest amounted to EUR 901 thousand. In 2008, the Company will continue its growth strategy, announced when it went public, and will also continue to expand its position as a central marketer of third-party and its own IP rights. The Executive Board is retaining its forecasts of target revenues amounting to around EUR 20 million and EBIT of at least EUR 4 million. The 2007 Annual Report is currently being prepared based on the audited figures and will be available to download at www.m4e.de from the end of April 2008. |