UK markets closed
  • FTSE 100

    7,129.71
    +53.54 (+0.76%)
     
  • FTSE 250

    22,775.28
    +283.92 (+1.26%)
     
  • AIM

    1,262.60
    +9.91 (+0.79%)
     
  • GBP/EUR

    1.1495
    -0.0015 (-0.13%)
     
  • GBP/USD

    1.3990
    +0.0098 (+0.70%)
     
  • BTC-GBP

    40,981.25
    -1,405.49 (-3.32%)
     
  • CMC Crypto 200

    1,480.07
    +44.28 (+3.08%)
     
  • S&P 500

    4,232.60
    +30.98 (+0.74%)
     
  • DOW

    34,777.76
    +229.23 (+0.66%)
     
  • CRUDE OIL

    64.82
    +0.11 (+0.17%)
     
  • GOLD FUTURES

    1,832.00
    +16.30 (+0.90%)
     
  • NIKKEI 225

    29,357.82
    +26.45 (+0.09%)
     
  • HANG SENG

    28,610.65
    -26.81 (-0.09%)
     
  • DAX

    15,399.65
    +202.91 (+1.34%)
     
  • CAC 40

    6,385.51
    +28.42 (+0.45%)
     

Your Family Entertainment AG: Positive result despite the corona pandemic

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·3-min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

DGAP-News: Your Family Entertainment AG / Key word(s): Annual Report/Annual Results
29.04.2021 / 13:28
The issuer is solely responsible for the content of this announcement.

Corporate News from Your Family Entertainment AG (WKN A161N1; ISIN DE000A161N14)

Your Family Entertainment AG: Positive result despite the corona pandemic

Munich, April 29, 2021

Your Family Entertainment AG, Munich (WKN [German security code number]: A161N1, ISIN: DE000A161N14, ticker symbol: RTV) was able to achieve a clear improvement in the past financial year 2020 despite the corona pandemic:

- Sales revenues above the previous year's level

- Significant improvement in EBITDA and positive annual result

- Equity ratio increased

The Management Board's most recent forecast in the Half-yearly Financial Report 2020, namely that sales revenues would be slightly above the previous year's level with a simultaneous improvement in EBITDA, is thus confirmed by the Annual Financial Report published today.

Your Family Entertainment AG will continue to focus increasingly on expanding its international and national TV channel activities. The company is aiming for further market penetration, both in the free-TV segment with "RiC TV" and the pay-TV segment with "Fix&Foxi TV". In addition, the company intends to benefit from the strong growth in the VOD sector by focusing on this business area even more than in the past. Your Family Entertainment AG has a good starting position thanks to the size of its library of children's and family programs. It can not only supply existing customers, but also equip new players with comprehensive content packages.

At K€ 3,035, sales were 4 % above the previous year's level. This increase and active cost management led to a considerable increase in EBITDA, which at K€ 21 was significantly improved by K€ 375 compared to the previous year. The annual result for the 2020 financial year increased by K€ 2,419 to K€ 47.

Equity capital increased by K€ 234, from K€ 7.991 to K€ 8.225, which corresponds to an equity ratio of approx. 48 % as of December 31, 2020 (previous year: 45 %).

The full Annual Financial Report 2020 is available on the company's website at https://www.yfe.tv/en/financial-reports.
 

About Your Family Entertainment AG
The German company Your Family Entertainment AG ("YFE") (WKN [German security code number]: A161N1, ISIN: DE000A161N14, ticker symbol: RTV) is one of the leading producers and distributors of high-quality programs for children and families. It owns and operates one of the largest independent libraries in Europe, including well-known series such as "Enid Blyton", "Fix & Foxi", and "Altair". YFE focuses on engaging, educational, and entertaining content, which is free of violence. Furthermore, YFE operates the award-winning pay-TV channel "Fix&Foxi TV" on four different continents, the free-to-air channel "RiC TV", its international pay-TV version "RiC.today" as well as several mobile TV streams and digital channels worldwide.


Contact
Your Family Entertainment AG
Michael Huber
Chief Financial Officer
Nordendstraße 64
80801 Munich, Germany
Tel.: +49 (0) 89 99 72 71-0
E-Mail: michael.huber@yfe.tv

www.yfe.tv
www.rictv.de
www.fixundfoxi.tv


29.04.2021 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.
Archive at www.dgap.de

Language:

English

Company:

Your Family Entertainment AG

Nordendstr. 64

80801 München

Germany

Phone:

+49 (0)89 997 271-0

Fax:

+49 (0)89 997 271-91

E-mail:

ir@yfe.tv

Internet:

www.yfe.tv

ISIN:

DE000A161N14

WKN:

A161N1

Listed:

Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart

EQS News ID:

1190661


 

End of News

DGAP News Service

show this
show this