Buongiorno S.p.A Financial Results Q1 2009

By Prne, Gaea News Network
Sunday, May 10, 2009

MILAN and LONDON - The Board of Directors of Buongiorno S.p.A. (MTA, Borsa Italiana: BNG), a leading multinational in digital entertainment, has today announced quarterly results for the three months ended March 31st 2009, prepared in accordance with the IAS/IFRS.

Financial Highlights

- Revenues amounted to EUR67 million due to rationalisation of the product portfolio and changes in accounting policies used for certain outstanding contracts (Q1 2008: EUR79 million) - EBITDA up to EUR8.4 million (Q1 2008: EUR8.2 million) - Net debt of EUR67.3 million at March 31, 2009 (EUR75.5 million at March 31, 2008) - A binding agreement has been signed with a pool of banks headed by Banca IMI (an Intesa Sanpaolo Group Bank) for total refinancing of EUR87 million

Operational Highlights

- Number of B2C Customers up: >7 million active subscribers worldwide. - The traditional core Mobile Content 1.0 business line is strong and continues to show good results - New Mobile Content 2.0 initiatives have been launched. For instance: peoplesound, the made-for-mobile social network, and, HelloTxt, the microblog aggregator service which has surpassed 30,000 registered users worldwide in just a few months. - CRM solutions have been launched with Buongiorno’s innovative proprietary technological solution “Intelligent Mobile Marketer (IMM), for example with 02-Telefonica for its prepaid customer loyalty scheme “O2 Top Up Surprises”.

Andrea Casalini, Chief Executive Officer of Buongiorno S.p.A commented, “The results of this first quarter are in line with our plans and demonstrate once again the soundness of our traditional business (Mobile Content 1.0), even in a difficult macro-economic environment. We will persist with our strategy of efficiently managing our traditional business, which will result in significant cash flow maximisation in the next 3 years, and at the same time launching innovative products such as peoplesound to fully exploit Buongiorno’s position in the growing mobile internet market.”

To view in-depth details, including an operational review and financial review, breakdown by geographical region and business line, and outlook please follow this link:

www.buongiorno.com/investors/investors_6.html?1014799821:

For further information, please contact: ICIS UK Financial Press and Financial Analysts Tom Moriarty or Fiona Conroy Tel: +44-207-651-8688 Email: Fiona.Conroy@icisenet.com

Source: Buongiorno S.p.A

For further information, please contact: ICIS, UK Financial Press and Financial, Analysts, Tom Moriarty or Fiona Conroy, Tel: +44-207-651-8688, Email: Fiona.Conroy at icisenet.com. BUONGIORNO, Eleonora Villanova, Global PR & IR Executive, Tel. +39-02-582131, Email: eleonora.villanova at buongiorno.com

Discussion
March 12, 2010: 3:14 pm

Wasn’t they suppose to do better?

September 15, 2009: 10:47 am

From:Mr.MIKE LEE
Operational Manager
Credit Suisse Bank
One Cabot Square
London E14 4QJ - United Kingdom.
Email:mike02lee@gmail.com

I am Mr.MIKE LEE a British citizen and I work with Credit
Suisse Bank London UK.
I am the accounting officer of Mr.William Wise who died on the recent bomb
blast which occurred in London on the 7th of July 2005.
Mr.William Wise who is our Client left the sum of fiften Million five
hundred thousand Dollars ($15,500.000.00) for deposit, this
Amount is yet to be credited in his favour before he died on the recent
bomb blast in London. I want you to open an account with my Bank or send
your bank information so that I can credit this amount to you while you
shall receive 40% of the fund I and my
colleague will have 60%.
If you are interested in this transaction please fill the form below
and get back to me immediatly.
Please,provide me the following: as we have 5 days to run it through.
this is very very URGENT PLEASE.
:PERSONAL INFORMATION:

FULL NAMES:________________________________________
GENDER____________________________________________
DATE OF BIRTH:_____________________________________
NATIONALITY:_______________________________________
COUNTRY OF RESIDENCE:___________________________
MARITAL STATUS:__________________________________
HOME ADDRESS:____________________________________
OFFICE ADDRESS:___________________________________
TELEPHONE NUMBER:________________________________
FAX NUMBER:________________________________________
OCCUPATION:________________________________________
POSITIONHELD:______________________________________
EMAIL ADDRESS:_____________________________________
NEXT OF KIN:___________________________________

All relevant information will be given to you, when you contact me on my
private Email:mike02lee@gmail.com
Treat with utmost confidentiality.
Yours sincerely,
Mr. MIKE LEE.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :