Austrian Airlines

euro adhoc: Austrian Airlines AG
quarterly or semiannual financial statement / Positive Ebit confirms upward trend

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------@@end@@


Adjusted EBIT for financial year 2007 not negative

Financial result of the Austrian Airlines Group, January to September 2007

"After achieving a balanced  EBIT  the  previous  year,  we  have   succeeded  in improving the EBIT in the first nine months of 2007 to EUR 33.3m.  The  adjusted EBIT, which stood at EUR -9.1m last year, has also improved  significantly  this year, to EUR 32.2m. This demonstrates that we are very much on  the  right  path with our restructuring measures. Despite high level of the oil  price,  we   have also been able to slightly increase the adjusted result for the third  quarter. In light of the continuing positive trend, we assume that the adjusted EBIT  for 2007 as a whole will not  turn  out   negative  despite  the  high  average  fuel price," commented Austrian CEO Alfred Ötsch today. Mr. Ötsch continued: "In  our quality offensive, we have continued to create a wide  range  of   incentives  to fly Austrian, including our DO&CO catering, new   interactive  services,  greater legroom on our Fokker fleet and the new HON Lounge. In  strategically  expanding our network, we are concentrating on our successful target  markets  in  Central and Eastern Europe, where we will also be introducing more  frequency   increases in the winter schedule. We are well on our  way,  and  from the  way  it  looks

@@start.t2@@today, striving to generate a profit that will justify our paying a dividend  by 2009."

                    Overview of Financial Result January to September 2007

|Key Figures                 |         |1-9 / 2007  |+/- % py  |7-9 / 2007  |+/- % py
|Revenue                        |EURm.    |1,891.7      |-4.1          |687.6         |-8.2
|EBITDAR1                      |EURm.    |295.7         |10.5          |123.3         |-4.3
|EBITDAR1 adjusted2      |EURm.    |294.6         |16.2          |130.0         |2.7
|Result from operating
|activities (EBIT)        |EURm.    |33.3          |-                |36.2          |-11.7
|Result from operating
|activities (EBIT)
|adjusted2                    |EURm.    |32.2          |-                |42.9          |10.9
|Net result for the
|period                         |EURm.    |20.6          |-                |29.2          |-17.0
|Cash flow from
|operating activities  |EURm.    |252.5         |-4.5          |61.0          |-11.8
|Net Gearing                    |%        |117.7         |-                |117.7         |-
|Earnings per share      |EUR        |0.26          |-                |0.35          |-67.6
|CVA                              |EURm.    |-50.0         |41.8          |20.1          |1.0
|Passengers carried
|(total)                        |            |8,348,412  |-0.7          |3,252,901  |-4.8
|Passenger load factor
|(scheduled service)    |%          |75.5          |1.2P.         |78.0          |0.0P.
|Employees (end of
|period)                        |            |7,980         |-7.8          |7,980         |-7.8@@end@@

1 Result  from  operating    activities    (EBIT)    before     associates,    before depreciation and rentals 2 Adjusted by the result from  the  disposal  of  assets,  other  costs  of  the transfer of aircraft, foreign currency valuations  at  the  reporting date  and impairment of the value of aircraft

Die Angaben  zur  Offenlegung  gemäß  §§  24  und  25  Mediengesetz   sind  unter auffindbar / Please find  further   information  concerning  the disclosure according to §§ 24 and 25 Media Act on

@@start.t3@@end of announcement                                                 euro adhoc 24.10.2007 07:25:31

ots Originaltext: Austrian Airlines
Im Internet recherchierbar:

Further inquiry note:
Corporate Communications:
Livia Dandrea-Böhm
Tel.: 051766-11231

Investor Relations
Dr. Prisca Havranek-Kosicek
Tel.: 051766 - 13311

Branche: Air Transport
ISIN:      AT0000620158
WKN:        875224
Index:    WBI, ATX Prime, ATX
Börsen:  Wiener Börse AG / official market

Weitere Meldungen: Austrian Airlines

Das könnte Sie auch interessieren: