DGAP-Adhoc: Advanced Inflight Alliance AG: announces preliminary financial results for the first quarter 2013

Advanced Inflight Alliance AG / Key word(s): Preliminary Results/Quarter
Results

02.05.2013 09:01

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement in accordance with Section 15 German Securities Trading
Act

Advanced Inflight Alliance AG announces preliminary financial results for
the first quarter 2013

- EBITDA adjusted for one-time effects increases by 5 percent to EUR 4.4
million
- Net profit at EUR 3.7 million 61 percent higher than previous year's
figure
- Slightly weaker development of revenues in the first quarter of 2013

Munich, May 2, 2013 - Advanced Inflight Alliance AG releases its
preliminary financial results for the first quarter of 2013:

The consolidated Group revenues of Advanced Inflight Alliance Group did
decreased slightly by 2 percent from EUR 31.6 million in the first quarter
of 2012 to EUR 30.9 million in the first quarter of 2013. This was mainly
due to a less favorable foreign currency environment as well as a moderate
development in the Content Service Providing (CSP) business segment.

Earnings before interest, taxes, depreciation and amortization (EBITDA)
amounted to EUR 4.0 million in the first quarter of 2013 and therefore were
slightly below the previous year's figure of EUR 4.2 million. The first
quarter of 2013 included one-time expenses associated with restructuring
measures of EUR 0.2 million as well as reported negative foreign currency
effects of EUR 0.2 million. At EUR 4.4 million, the EBITDA adjusted for
one-time effects and reported foreign currency effects increased by around
5 percent on the previous year's adjusted EBITDA of EUR 4.2 million.

Earnings before interest and taxes (EBIT) stood at EUR 2.7 million in the
first quarter of 2013 and therefore were below the EBIT for the first
quarter of 2012 of EUR 3.3 million. One major reason for this development
was the increase of planned depreciation and amortization from EUR 1
million in the first Quarter of 2012 to EUR 1.3 million in the first
quarter of 2013 due to the ordinary course of business. The EBIT adjusted
for one-time effects and reported foreign currency effects in the first
quarter of 2013 was EUR 3.1 million. This represents a decrease compared to
the previous year's figure of EUR 3.3 million.

In the first quarter of 2013 Advanced Inflight Alliance Group reported a
finance income of EUR 2.5 million (first quarter 2012: EUR 10,000). This
finance income represents book profits realized in context with AIA's
investment in Row44 Inc.

The Advanced Inflight Alliance Group reported earnings before taxes (EBT)
of EUR 5.0 million for the first quarter of 2013. This represents a
substantial increase compared to the previous year's EBT of EUR 3.1
million, which is predominately driven by the positive income from
investments shown in the finance income. The EBT adjusted for one-time
effects and for reported foreign currency effects in the first quarter of
2013 was EUR 5.4 million, which represents an increase compared to the
previous year's figure of EUR 3.1 million.

The net profit for the first quarter of 2013 at EUR 3.7 million was up 61
percent compared to the previous year's figure of EUR 2.3 million.

Amounting to EUR 0.15 in the first quarter of 2013, earnings per share
(EPS) in accordance with IFRS did slightly increase compared to the
previous year's figure of EUR 0.14.

The final figures for the first quarter of 2013 may differ from the
preliminary figures reported today. The complete financial report for the
first quarter of 2013 will be available for downloading under
www.advanced-inflight-alliance.com as of May 10, 2013.

Advanced Inflight Alliance AG

The Management Board

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Language: English
Company: Advanced Inflight Alliance AG
Schellingstr. 35
80799 München
Germany
Phone: +49 (0)89 613805-0
Fax: +49 (0)89 613805-55
E-mail: info@aialliance.com
Internet: www.advanced-inflight-alliance.com
ISIN: DE0001262186
WKN: 126218
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

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