EANS-Adhoc: Air Berlin realises total revenue of EUR 690.9 million in the first three months of 2010 - operational result reaches EUR -98.6 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.
three-month-results
18.05.2010
Ad-hoc-release pursuant to § 15 of the German Securities Trading Act (WpHG)
London, 18 May 2010 - Air Berlin´s total revenue in the first quarter of the 2010 financial year increased compared to the first quarter of 2009 due to the acquisition of the TUIfly City Carrier business by 4.5 per cent from EUR 661.2 million to EUR 690.9 million (Q1 2009 pro-forma*: EUR 714.2 million).
Despite the cold and long-lasting winter, Air Berlin successfully reduced its total operational expenditures (after taking into account its acquisition of the TUIfly City Carrier business), which was mainly due to reduced costs for jet fuel. Accordingly the EBITDAR has increased to EUR 44.1 million.(Q1 2009: EUR 27.1 million, pro-forma: EUR 30.2 million).
The result from operating activities (EBIT) reached EUR -98.6 million compared to EUR -87.3 million in 2009 (pro forma: EUR -107.6 million). The pre-tax earnings amounted to EUR -125.5 million (Q1 2009: EUR -118.6 million, pro-forma: EUR -139.0 million).
Net results for the first three months of 2010 amount to EUR -93.6 million as compared to EUR -88.4 million in the first quarter 2009 (pro-forma: EUR -108.9 million).
Air Berlin will publish detailed information on its first quarter results as well as a complete interim report as of 31 March 2010 on 20 May 2010. This information will be available starting at 7:30 a.m. (CEST) on the Internet at ir.airberlin.com.
* Air Berlin Group including TUIfly City Carrier business
Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER Hertfordshire Great Britain WKN AB1000 (Share) on the Frankfurt Stock Exchange (Regulated Market, Prime Standard) WKN A0NQ9H (Convertible Bond 2007) Euro MTF Market on the Luxembourg Stock Exchange WKN A1ALH0 (Convertible Bond 2009) Open Market on the Frankfurt 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