-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
13.04.2007
Hamburg - Aircraft engine manufacturer Thielert AG, quoted on the SDAX, is publishing its figures for the 2006 fiscal year in accordance with IFRS. Subject to the still outstanding audits of notes to the financial statements and management report, the auditors have announced that they will issue an unqualified opinion for revenues of 58.5 million euros and an EBT of 7.7 million euros. There are two important changes compared to the preliminary figures announced on 26 March 2006. Receivables from prior years, which were the subject of public criticism, were written off with an amount of 3.05 million euros. Furthermore revenues from development services with combined development and serial delivery orders are no longer included in the income statement. This change in accounting results in postponed revenues from 2006 to 2007 and beyond. In spite of the conservative accounting method selected in conjunction with the auditors, the company has been able to record an increase in sales of 55.6 percent compared to last year.
Profit situation of the overall Thielert Group in accordance with IFRS:
Sales 2006: 58.5 Mil. euros Sales 2005: 37.6 Mil. euros Change: 55.6 Percent
EBT 2006: 7.7 Mil. euros EBT 2005: 9.1 Mil. euros Change: -15.4 Percent
end of announcement euro adhoc 13.04.2007 06:36:53 --------------------------------------------------------------------------------
ots Originaltext: Thielert AG Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note: Sebastian Wentzler Head of Corporate Communication Telefon: +49(0)40/696950-75 E-Mail: ir@thielert.com
Branche: Machine Manufacturing ISIN: DE0006052079 WKN: 605207 Index: SDAX, CDAX, Prime All Share, Classic All Share 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
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