EANS-Adhoc: Air Berlin reaches EBIT of EUR -87.3 million in the first quarter 2009 - operating result affected by higher fuel costs
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
3-month report/Q1-results
26.05.2009
Ad-Hoc Release pursuant to Sec. 15 Securities Trading Act (WpHG)
London, 26 May 2009 - In the first three months, the consolidated total revenue of Air Berlin PLC increased by 1.2 per cent to EUR 661.2m compared to EUR 653.6m in the first quarter of the previous year. Despite the unfavourable market conditions and the important Easter traffic falling this year in the second quarter, previous year´s level was slightly exceeded. Due to higher expenditures for fuel, EBITDAR declined to EUR 27.1m as compared to EUR 40.3m in the previous year. EBIT reached EUR -87.3m after EUR -68.6m in the prior year. The Group achieved a net profit in the first quarter 2009 of EUR -88.4m compared to EUR -59.6m in the first quarter 2008. Last year's figures have been restated in line with valuation changes under IFRIC 13 ("Customer Loyalty Programmes").
Air Berlin will publish detailed information to the first quarter results as well as the complete interim report as of 31 March 2009 starting from 7:30h (CEST) in the Internet under ir.airberlin.com
Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER Hertfordshire Great Britain WKN AB1000 (Share) Frankfurt Stock Exchange (Official Market, Prime Standard) WKN AONQ9H (Convertible Bond) Euro MTF Market on the Luxembourg Stock Exchange
end of announcement euro adhoc
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: SDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade