Thielert AG

euro adhoc: Thielert AG
Financial Figures/Balance Sheet
Thielert: Financial Results published

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The executive board and the supervisory board of Thielert Aktiengesellschaft published the final results for the business year 2006 today in coordination with the auditor BDO Deutsche Warentreuhand AG. The figures published on 13 April 2007 have been confirmed in general. Thielert AG posted an increase in sales of 59.5 percent to EUR 59.9 million. The operating profit (EBIT) is presently at EUR 9.3 million and thus 29.6 percent above that of the year before. The EBT fell by 14.6 percent to EUR 7.8 million. The net profit was EUR 5.2 million (minus 31.8 percent).  BDO has finished the audit at Thielert´s site and has confirmed the final result. Now only the audit report has to be finalized and the presentation for the supervisory board has to be done.

The drop in earnings can be attributed to the complete discounting of old accounts receivable of EUR 3.05 million, which were the object of some public criticism. Moreover, the sales revenues from development services in combined development and series delivery contracts is no longer being attributed to net income.

Income position of Thielert AG as per IFRS

Sales 2006: 59.9 Mio. Euro Sales 2005: 37.6 Mio. euro Change: +59.5 percent

Gross earnings from  Sales 2006: 33.9 Mio. Euro Gross earnings from  Sales 2005: 23.4 Mio. Euro Change: +45.0 percent

EBITDA 2006: 13.3 Mio. Euro EBITDA 2005: 16.1 Mio. Euro Change: -17.6 percent

EBIT 2006: 9.3 Mio. Euro EBIT 2005: 13.1 Mio. Euro Change: -29.6 percent

EBT 2006: 7.8 Mio. Euro EBT 2005: 9.1 Mio. Euro Change: -14.6 percent

Net Profit 2006: 5.2 Mio. Euro Net Profit 2005: 7.7 Mio. Euro Change: -31.8 percent

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ots Originaltext: Thielert AG
Im Internet recherchierbar:

Further inquiry note:
Sebastian Wentzler
Head of Corporate Communication
Telefon: +49(0)40-696950-35

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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