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Thielert AG

euro adhoc: Thielert AG
Financial Figures/Balance Sheet
Thielert: Annual Result 2006

  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

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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