euro adhoc: Thielert AG
Financial Figures/Balance Sheet
Thielert Continues
Growth with Record Quarter
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
13.11.2006
Hamburg - In its report for the first 9 months of 2006, Hamburg-based Thielert reveals further substantial sales and profit increases. Compared to the same period last year, the the aircraft engine manufacturers EBIT amounted to EUR 13 million, approximately 61 percent more than in 2005 (EUR 8.1 million). In the third quarter alone, the EBIT result stood at EUR 5.9 million, an increase of 84 percent over the prior-year value (EUR 3.2 million). EBT went up by 145 percent to EUR 12 million (from EUR 4.9 million). After tax, the Thielert Groups income amounted to EUR 8 million, an increase of 208 percent over the same period last year (EUR 2.6 million). During the first 9 months of the fiscal year, the group's workforce averaged 315 (270 in Germany, 45 in the USA). This figure includes 18 apprentices.
Sales (1/1-30/9/2006): 47.5 in million EUR Sales (1/1-30/9/2005): 23.9 in million EUR Sales (Change): 99 %
Gross profit on sales (1/1-30/9/2006): 30.0 in million EUR Gross profit on sales (1/1-30/9/2005): 14.9 in million EUR Gross profit on sales (Change): 101 %
EBITDA (1/1-30/9/2006): 15.8 in million EUR EBITDA (1/1-30/9/2005): 10.0 in million EUR EBITDA (Change): 58 %
EBIT (1/1-30/9/2006): 13.0 in million EUR EBIT (1/1-30/9/2005): 8.1 in million EUR EBIT (Change): 61%
EBT (1/1-30/9/2006): 12.0 in million EUR EBT (1/1-30/9/2005): 4.9 in million EUR EBT (Change): 145 %
Group income (1/1-30/9/2006): 8.0 in million EUR Group income (1/1-30/9/2005): 2.6 in million EUR Group income (Change): 208 %
Outlook: Engine Development, New Production Plant, and Defense Technology Segment Target Further Growth The new plant in Altenburg, Thuringia, will shortly be commissioned. From mid-December, 35 new employees will be busy installing retrofit kits at this plant. The company also anticipates considerable order volume in the defense technology field.
end of announcement euro adhoc 13.11.2006 08:02:45
Further inquiry note:
Sebastian Wentzler
Head of Corporate Communication
Telefon: +49(0)40/696950-75
E-Mail: ir@thielert.com
Branche: Market research
ISIN: DE0006052079
WKN: 605207
Index: SDAX, CDAX, Prime All Share, Classic All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
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