euro adhoc: Air Berlin PLC & Co Luftverkehrs KG
quarterly or semiannual
financial statement
Air Berlin continues on its path to growth
Revenue rises to EUR 1.135 billion for the first nine months
EUR 38.7 million net profit - best quarterly result e
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
28.11.2006
Berlin, November 28, 2006 - Air Berlin PLC has successfully completed the third quarter. Due to the high number of bookings, Air Berlin realized EUR 1.135 billion in revenue for the first nine months of 2006. With EUR 510 million, approximately 45% of the revenue was generated in the third quarter. This corresponds to a 28.4% increase in comparison with the same period of the previous year (EUR 397.3 million). From July to September 2006, Air Berlins operating activities developed just as positively. The result from operations amounted to EUR 54.3 million (EBIT), compared to EUR 51.7 million in the corresponding period of the previous year. EBIT increased by 76%, i.e. from EUR 23.5 million to EUR 41.4 million compared to the same nine-month period of the previous year,
The third quarter of 2006 yielded Air Berlin's best operating result ever. Together with dba, which was only included in the consolidated accounts for the month of September, the Group generated a net profit of EUR 38.7 million. In comparison with the same period of the previous year (EUR 30.6 million), this improvement, i.e. a 26.5% increase, stands out considerably. For the time period from January to September, consolidated profit amounted to EUR 37.7 million (previous year: EUR -12.5 million).
For more information on Air Berlins nine month result, please check out our website at www.airberlin.com under Investor Relations as of 10:00 a.m. (CEST).
Air Berlin PLC, London Consolidated Statements of Income for the nine months ended and Q3 2006, respectively
1.1.-30.9.06 1.1.-30.9.05 1.7.-30.9.06 1.7.-30.9.05 in TEUR in TEUR in TEUR in TEUR Revenue 1,135,034 943,158 510,044 397,352 Other operating income 4,759 2,597 1,121 -342 Operating expenses -1,098,419 -922,237 -456,846 -345,327 Result from operating activities 41,374 23,518 54,319 51,683 Financial expenses -35,186 -15,451 -10,018 -5,548 Financial income 7,230 1,388 4,425 630 Foreign exchange gains (loss) 10,435 -19,453 -3,787 -7,515 Net financing cost -17,521 -33,516 -9,380 -12,433 Share of profit of associates 501 2 17 0 Profit (loss) before taxes 24,354 -9,996 44,956 39,250 Income tax benefit (expense) 13,374 -2,514 -6,267 -8,661 Profit (loss) for the period 37,728 -12,510 38,689 30,589
end of announcement euro adhoc 28.11.2006 07:26:50
Further inquiry note:
Ingolf Hegner
Head of Investor Relations
+49 (0)30 3434 1532
ihegner@airberlin.com
Branche: Air Transport
ISIN: GB00B128C026
WKN: AB1000
Index: Classic All Share, Prime All Share, SDAX
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade