TA Triumph-Adler AG

EANS-News: TA Triumph-Adler AG
TA Triumph-Adler AG sees demand recovering / Shipments and revenues notably increased

@@start.t1@@--------------------------------------------------------------------------------   Corporate news transmitted by euro adhoc. The issuer/originator is solely   responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

Annual Reports

Nürnberg (euro adhoc) - Nuremberg, July 30, 2010

TA Triumph-Adler Group revenue in the first quarter of the 2010/2011 financial year of EUR75.9 million was 14.1% higher compared with the three months of the abbreviated financial year as of March 31, 2010, when EUR66.5 million was turned over. Revenue was also 8.6% higher than in the comparable period of the previous year, according to the Quarterly report which was published by the company today.

The Distribution segment which sells machines to specialist dealers both in Germany and abroad increased sales revenues by over 40% from EUR12.5 million to EUR18,0 million. This segment experienced particularly strong demand from international markets, boosting exportation by more than 50% compared to the previous year's level. The Direct Sales segment achieved revenue of EUR57.9 million in the first three months, EUR0.5 million more than from April to June 2009. This also shows that other revenues (services and consumables) reported relatively weaker growth, which also had an unfavorable impact on the earnings side.

The materials expense reported disproportionately high growth of 15.4% compared with the comparable quarter of the previous year, rising to EUR50.1 million. The gross profit margin (calculated as revenue minus materials expense, expressed as a percentage of revenue) was 34.0% in the quarter. As a consequence, this important indicator was again lower than in the previous year; it increased, however, by 8.3% compared with the three months of the abbreviated financial year.

In the first quarter accounting errors were discovered at our subsidiary TA Triumph-Adler Corporate Consulting GmbH resulting from deliberate manipulations by this company's management. TA Triumph-Adler parted company with one managing director and further management staff of this subsidiary. The resulting partial reconstruction work in the key account area which was started immediately affects Group earnings. According to the Quarterly Report it had a negative impact on first-quarter earnings, and will also burden the entire 2010/2011 financial year.

The pre-tax result in the first quarter of 2010/2011 of minus EUR3.3 million, therefore, was negative again. This amounted to minus EUR2.7 million in the comparable prior-year period, and to minus EUR8.5 million in the abbreviated financial year from January 1 to March 31, 2010.

Machine shipments in the first quarter of 2010/2011 rose by around 7% compared with the three months of the 2010 abbreviated financial year, to more than 23,450 machines. Shipments were even up by more than 50% compared with the prior-year comparable period (April - June 2009). Printers' share of total shipments declined to around 44% due to higher demand in the copier area. The proprietary brand share within Direct Sales rose to 86.7%.

A total of 1,233 employees were active in the companies of the TA Triumph-Adler Group as of the June 30, 2010 reporting date (June 30, 2009: 1,304; March 31, 2010: 1,234).

For more information: TA Triumph-Adler AG Dr. Joachim Fleïng Investor Relations Representative Phone: +49 (0) 9 11/ 68 98 - 4 99 E-Mail: ir@ta.ag

Karl-Rainer Thiel Head of Corporate Communications Phone: +49 (0) 9 11/ 68 98 - 3 51 E-Mail: krt@ta.ag

Südwestpark 23 D - 90449 Nürnberg www.triumph-adler.de

About TA Triumph-Adler AG: In the document business, TA Triumph-Adler is THE specialist. The company analyses, individually advises and realises an efficient document workflow for business customers, in both paper and electronic form, and delivers an effective service. With over 200,000 installed systems and more than 35,000 satisfied end customers and 113 years´ experience in the document business, the Group is the market leader in Germany. Over 450 internal document consultants and 500 internal system supporters ensure a nationwide service. The Group is there for its customers in over 12 legally independent solution centres (limited companies) in over 50 locations throughout Germany and abroad. TA Triumph-Adler offers complete and unique modular solution concepts (hardware = TOM `Total output Management´; software = DIDO `Digital Document Organisation´). The company is a full-line distributor for printing, faxing, copying, scanning and DMS and has its own financial service provider in the form of TA Leasing GmbH, which provides virtually every form of financing for business customers. Together with the specialised TA Triumph-Adler Corporate Consulting GmbH, the document specialist works with established key accounts both within Germany and abroad. TA Triumph-Adler AG has a prime standard rating on the German stock exchange (WKN 749500) and, with 1,400 employees (150 of whom are trainees) generated sales of EUR 287.5 million during the 2009 business year. The company demonstrates its social and civic responsibility through the Triumph-Adler "Triumph für Kinder" foundation; (account no: 5260500, bank code: 76040061), TA Triumph-Adler AG also feels a duty to protect the environment and carries out efficient and comprehensive corporate governance. The company´s headquarters are located in Nuremberg. TA Triumph-Adler and KYOCERA MITA Corporation Japan: partners for technology and the environment.

@@start.t2@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

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

Further inquiry note:
Sonja Blättchen

Telefon: +49 (0)911 6898-104

E-Mail: sonja.blaettchen@triumph-adler.net

Branche: Semiconductors & active components
ISIN:      DE0007495004
WKN:        749500
Index:    CDAX, Classic All Share, Prime All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade



Weitere Meldungen: TA Triumph-Adler AG

Das könnte Sie auch interessieren: