Corporate news

MAGIX publishes the 2008/2009 annual report

Corporate News

Berlin, 29 January, 2010 – This Friday, the Prime Standard-listed MAGIX AG (ISIN DE0007220782) has published its audited annual report for 2008/2009.

According to it, the MAGIX Group raised its Earnings Before Interest and Taxes (EBIT) by 46% to kEUR 3,059 in comparison to the previous year. The net income of the Group of kEUR 2,158 was 7% above the previous year's levels. This rise in figures was driven by an eight-percent revenue increase to kEUR 34,780. The operative cash flow was more than doubled from kEUR 2,745 in the previous year to kEUR 7,039.

The complete annual report can be viewed starting at 9:30 CET on the company's web site www.magix.com. There you will also find an online presentation, in which Jürgen Jaron, the Executive Board Chairman of MAGIX AG, discusses the key statements of the annual report and presents the preliminary, unaudited figures of the first quarter of the current, 2009/2010 fiscal year.