euro adhoc: TA Triumph-Adler AG
Financial Figures/Balance Sheet
Triumph-Adler AG returns to growth path - Pre tax earnings increased by almost
one third according to preliminary half year figures - Targets for 2008
essentially maintained: TA ...
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Nuremberg, August 8, 2008 - In the course of the first six months of its financial year 2008, TA Triumph-Adler AG increased Group sales to more than EUR207 million. The share of second-quarter sales amounted to almost EUR105 million - markedly above the EUR100.4 million achieved in the second quarter of 2007. First-half pretax earnings of more than EUR8 million were up by almost one third compared with the EUR6.2 million generated in the first half of 2007. This, however, includes the release of a provision in the amount of EUR2.4 million. Net profit for the period will amount to almost EUR7 million (following EUR5.0 million in the first six months of 2007). The Management Board can not exclude the possibility that a marked decline in macroeconomic factors could hinder the ability to reach the objectives. The second quarter, however, reflects a renewed positive trend. The Board, therefore, essentially maintains the current targets for the full year: The Group is aiming for sales of around EUR440 million for 2008, and pretax earnings of almost EUR20 million. In order to achieve these goals sales and earnings will have to be increased markedly in the course of the second half of the year. TA Triumph-Adler AG will publicize the complete interim financial statements on Wednesday August 13, 2008.
Contact: TA Triumph-Adler AG Suedwestpark 23 D - 90449 Nuremberg Dr. Joachim Fleing Phone: +49 / 911 / 68 98 - 499 Fax: +49 / 911 / 68 98 - 200 email@example.com 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
Important notice: This press release contains forward-looking statements that are based on assumptions and estimates made by the management of TA Triumph-Adler AG. Even if the management of the company is of the view that these assumptions and estimates are appropriate, future actual developments and future actual events may diverge significantly from these assumptions and estimates due to various factors. These factors may include, by way of example, changes in the macroeconomic situation, exchange rates, interest rates, as well as changes both within the market and in the competitive environment as the result of technological change. TA Triumph-Adler AG provides no guarantee, and accepts no liability, if future developments, and results achieved in the future, do not accord with the assumptions and estimates expressed in this press release.
end of announcement euro adhoc
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