Investor Relations

Dear shareholders,
 
Operating income (EBIT) of Senator Group was EUR 1.5 million, EUR 5.4 million up on the previous year’s figure of EUR -6.5 million, while Group losses of EUR -0.5 million (prior year: EUR -6.5 million) were EUR 6 million up year-on-year. Without currency losses of EUR -0.5 million, particularly on account of the euro’s weakness compared to the US dollar, and the one-off losses of EUR 0.6 million incurred by the insolvency of Pro TV, operating income as well as Group net income would have been positive.

In fiscal year 2010, Senator Group implemented further comprehensive restructuring measures with the particular aim of improving the Company’s revenue situation in the future. “We are convinced that the measures implemented in 2009 and 2010 will enable us to return to sustained profitability in cost management as well as in our strategic orientation,” said Helge Sasse, CEO of Senator. “We expect positive Group net income in 2011, which will significantly exceed our planning.”