Air Berlin PLC & Co Luftverkehrs KG
EANS-Adhoc: Air Berlin PLC realises total revenue of EUR 4.23 billion in the financial year 2011 - the operating result decreases to EUR -247 million
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- fy2011 results 16.03.2012 Ad hoc Notification pursuant to § 15 of the German Securities Trading Act (WpHG) London, 16 March 2012 - Air Berlin PLC has realised a group revenue of EUR 4.23 billion (2010: EUR 3.72 billion, 2010 pro-forma*: EUR 3.85 billion) in the financial year 2011. The operating result (EBIT) declined from EUR -9.3 million (pro-forma 2010*: EUR -16.7 million) in the previous year to EUR -247.0 million in the financial year 2011. EBITDAR decreased from EUR 618.5 million in the financial year 2010 (pro-forma 2010*: EUR 619.9 million) by 31.1% to EUR 425.9 million in the financial year 2011. This is mainly due to an increase in operating expenses from EUR 3.16 billion in the reporting year (2010 pro-forma*: EUR 3.28 billion) by 20.6% to EUR 3.81 billion in the financial year 2011. Due to the introduction of the German aviation tax (EUR 165.6 million) and the increase in fuel prices (EUR 229.2 million), Air Berlin PLC had to bear extraordinary charges of approximately EUR 395 million. The financial result improved from EUR -133.3 million (pro-forma 2010*: EUR -135.1 million) to EUR -111.9 million, mainly resulting from considerably lower financial expenses. Pre-tax earnings in the financial year 2011 amounted to EUR -358.8 million compared to EUR -141.6 million in 2010 (pro-forma 2010*: EUR -150.7 million). After a tax benefit in the amount of EUR 93.2 million, the net result for the reporting year 2011 amounted to EUR -265.6 million compared to EUR -97.2 million in the previous year (pro-forma 2010*: EUR -106.3 million). Earnings per share based on the average number of 85.048 million shares outstanding thus amounted to EUR -3.12 compared to EUR -1.14 in the previous year (both undiluted and diluted). As of 31 December 2011, Air Berlin PLC´s total assets amounted to EUR 2,270.2 million (previous year: EUR 2,370.1 million), its total equity amounted to EUR 259.9 million (previous year: EUR 505.3 million), and its net debt amounted to EUR 813.0 million (previous year: EUR 489.3 million). Air Berlin will publish detailed information on the annual financial statements as well as the complete annual report as at 31 December 2011 on 16 March 2012. The information will be available on the internet at ir.airberlin.com starting at 7:45 am (CET). *pro-forma: 2010 consolidated financial statements of Air Berlin PLC include the 2010 adjusted figures for NIKI Luftfahrt GmbH, which has been consolidated in Air Berlin PLC´s financial statements with effect as of 1 July 2010. Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER Hertfordshire Great Britain ISIN GB00B128C026, WKN AB1000 (Share) on the Frankfurt Stock Exchange (regulated market, Prime Standard) ISIN DE000A0NQ9H6 (Convertible Bond 2007) Euro MTF Market on the Luxembourg Stock Exchange ISIN DE000AB100A6 (Bond 2010), ISIN DE000AB100B4 (Bond April 2011) and ISIN DE000AB100C2 (Bond November 2011) segment Bondm of the open market on the Stuttgart Stock Exchange and the Main Securities Market of the Irish Stock Exchange Further inquiry note: Ingolf Hegner Head of Investor Relations +49 (0)30 3434 1590 ihegner@airberlin.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Air Berlin PLC The Hour House, High Street 32 UK-WD3 1ER Rickmansworth, Herts phone: +49 (0)30 3434 1500 FAX: +49 (0)30/3434-1509 mail: abpresse@airberlin.com WWW: http://www.airberlin.com sector: Air Transport ISIN: GB00B128C026 indexes: SDAX, Classic All Share, Prime All Share stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English