The only international agency network with German origins was able to increase its profits in the past calendar year ? this was the message announced along with the annual results by the Board of Directors at Scholz & Friends AG: the figures show that Scholz & Friends AG was able to increase the EBITDA according to IFRS in 2004 to € 10.8 million (previous year: € 8.1 million). The operating result EBIT improved from € 2.0 million (in the previous year) to € 5.7 million in 2004.