Thielert AG

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

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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

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ots Originaltext: Thielert AG
Im Internet recherchierbar:

Further inquiry note:
Sebastian Wentzler
Head of Corporate Communication
Telefon: +49(0)40/696950-75

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

Weitere Meldungen: Thielert AG

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