euro adhoc: Air Berlin PLC
quarterly or semiannual financial statement
Air
Berlin´s operating income for the first quarter improved to EUR -67.7 million -
Seasonal loss decreased to EUR -59 million
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
3-month report/Q1-report
29.05.2008
Ad hoc Press Release in accordance with Article 15 of the Securities Trading Act
London, 29 May 2008 - For the first quarter of 2008, the sales volume of the Air Berlin Group (including LTU, Belair and the airline company Walter) increased from EUR 631.4* million to EUR 654.5 million (+4 percent). EBITDAR (Earnings before interest, taxes, depreciation, amortization and leasing expenses) increased from EUR 17.3* million to EUR 41.2 million, i.e. an increase of 139 percent. Seasonal EBIT (Earnings before interest and taxes) improved from a loss of EUR -85.0* million to a loss of EUR -67.7 million (+20 percent). The EBIT margin improved from -13.5 to -10.3 percent. Net loss improved from EUR -66.4* million to EUR -59.0 million (+11 percent). As a result of the current difficult market environment, in particular the high fuel prices, it is anticipated that operating income will be adversely affected during the further course of the year, making it difficult to obtain the envisaged EBIT corridor. A comprehensive package of measures has been implemented in response. For the 2008 financial year and based on current kerosene prices, Air Berlin´s Board continues to expect a positive EBIT.
Details on the 2008 Quarterly Report will be published on our website on 29 May 2008 as of 8:30 a.m.: www.ir.airberlin.com
(*pro forma figures)
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: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade