TA Triumph-Adler AG

euro adhoc: TA Triumph-Adler AG
quarterly or semiannual financial statement / TA Triumph-Adler AG: Growth trend in core business continues in the third quarter

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10.11.2005

Revenue is 8% above Q3 2004 - slow German economy hampers development - extraordinary expenses affect group performance in 2005

Nuremberg, November 10, 2005 - In the first three quarters of fiscal 2005, TA Triumph-Adler AG posted EUR 248.2 million in sales revenue for the Group. This figure is 8 % above the level for to the first the third quarter of 2004, when the Group reported EUR 229.0 million on a comparable basis.This growth partly resulted from the acquisition of Sankopie at the beginning of the year; organic growth amounted to 2%, in spite of the challenging market environment.

Sales in the traditionally weak third quarter amounted to EUR 79.3 million, 10 % above the level of Q1-Q3 2004.The Company grew faster than the overall market, though slower than expected. Direct sales to end customers were hampered by the continuing reluctance of Germany’s SMEs to invest in office and other equipment. On the other hand, distribution to specialists grew well, mainly due to exports.

The fourth quarter being traditionally strong, this sales growth is expected to continue despite the sluggish development of Germany’s overall economy.

In the first three quarters of 2005, the comparable operative result (EBIT before extraordinary expenses) amounted to EUR 9.3 million, significantly improved versus the EUR 6.3 million of Q1-Q3 2004. The extraordinary expenses for the first three quarters of the fiscal year amounted to EUR 5.6, EUR 3.4 million of which resulted from the unscheduled write-off of a silent participation; the Company reported on this event in detail in its half year report.

Before this extraordinary result the group performance for the first three quarters amounted to EUR 0.9 million, compared to EUR -3.9 million in the previous year. The consolidated net loss for the first three quarters of fiscal 2005 thus amounts to EUR 4.7 million after extraordinary expenses. In Q1-Q3 2004, the Group posted a net loss of EUR 7.9 million. For fiscal 2005, the Company now expects to return into operational profitability before the unplanned depreciation.

As of September 30, 2005, total assets were down to EUR 414 million from EUR 431 on December 31, 2004, especially due to the sale of companies outside the core business. In the first two quarters of 2005, the cash flow amounted to EUR 10.6 million, compared to EUR 10.0 million in the same period of last year.

For fiscal 2006, the Company expects sales to continue to grow and its market position to improve further in light of the envisioned sustainable increase in market share. Besides enhanced sales campaigns the measures to streamline in-house organization and improve efficiency as have been initiated already are expected to improve profitability continuously and sustainably in the next year.

Bearer shares ISIN: DE0007495004, admitted to official trading (Prime Standard) on the Frankfurt stock exchange and on all German regional exchanges

Contact: TA Triumph-Adler AG, Karola Uttendorfer, Phone: +49 (0)911/68 98-303, Fax: +49 (0)911/6898-200, Mailing address: TA Triumph-Adler AG, Suedwestpark 23, D -90449 Nuremberg, Germany, presse@triumph-adler.de, www.triumph-adler.de

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ots Originaltext: TA Triumph-Adler AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Uschie Wühr
Investor Relations
Telefon: +49(0)89 51084-914
E-Mail: uschie.wuehr@triumph-adler.de

Branche: Semiconductors & active components
ISIN:      DE0007495004
WKN:        749500
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Berliner Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade
              Bremer Wertpapierbörse (BWB) / free trade



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