euro adhoc: TA Triumph-Adler AG
Financial Figures/Balance Sheet
TA
Triumph-Adler AG: Strong focus on operating activities in financial year 2005
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
24.03.2006
Pace of growth increases; Even stronger improvement in earnings; Group restructuring completed
Nuremberg, March 24, 2006 - TA Triumph-Adler AG today announced its preliminary figures for financial year 2005. These show that TA Triumph-Adler AG generated Group sales of EUR 336.7 million in financial year 2005, 12.7 % lower than the previous year. With the previous years sales adjusted for holdings meanwhile divested, 2005 sales were 4.5 % higher than the comparable previous years figure (EUR 322.2 million). As a result, the growth achieved was above the comparable previous years level, while the quality of earnings from operations improved solidly.
TA Triumph-Adler generated a consolidated operating profit (EBIT) of EUR 17.9 million before extraordinary effects, interest and taxes of EUR 18.4 million following EUR 10.7 million the year before.
Net interest income came to EUR -10.2 million (previous year: EUR -8.0 million). Extraordinary expenses of EUR 9.9 million (previous year: EUR 14.9 million) were incurred through restructuring the company and its operations in financial year 2005. The net loss comes to EUR 3.1 million (previous year: EUR 11.7 million), and was thus substantially lower than the prior year.
Total consolidated assets came to EUR 422 million at December 31, 2005, following EUR 431 million at December 31, 2004. The equity ratio was 11.4 % (previous year: 12.1 %). Financial liabilities came to EUR 85.4 million following EUR 76.7 million the year before.
The operating cash flow came to EUR 28.8 million following EUR 22.5 million the year before.
A dividend will not be distributed for financial year 2005.
As a result of the positive earnings performance from operations in the core business and the efficiency improvement measures underway in the Group, the company is expecting to return to profit again in financial year 2006.
Contact: TA Triumph-Adler AG Suedwestpark 23 D - 90449 Nuremberg Dr. Joachim Fleing Phone: +49 / 179 / 796 34 72 Fax: +49 / 911 / 68 98 - 200 presse@triumph-adler.de www.triumph-adler.com
Bearer shares ISIN: DE0007495004, admitted to official trading (Prime Standard) on the Frankfurt stock exchange and on all German regional exchanges
end of announcement euro adhoc 24.03.2006 15:53:46
Further inquiry note:
Uschie Wühr
Investor Relations
Telefon: +49(0)89 51084-914
E-Mail: presse@triumph-adler.de
Branche: Semiconductors & active components
ISIN: DE0007495004
WKN: 749500
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
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