CROSS Industries AG

CROSS Industries AG - Results of the Business Year 2006/07

• Revenues: EUR 744 million (+21% versus previous business year) • EBIT: EUR 47 million (+24% versus previous business year) • More than 3,700 employees as of September 30th, 2007

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Wels (euro adhoc) - In the past business year, CROSS Industries AG has considerably expanded its range of investments. Besides majority in KTM Power Sports AG and Eternit-Werke Ludwig Hatschek AG, the CROSS-group holds majority interests in Pankl Racing Systems AG, Austria Email Aktiengesellschaft, WETHJE Carbon Composites, Kästle GmbH as well as Unternehmens Invest AG.

The CROSS-group achieved revenues of EUR 744 million and an EBIT of EUR 47 million with 3,787 employees as of September 30th, 2007. The balance sheet total amounted to EUR 989 million, thereof equity EUR 425 million, as of balance sheet date. Accordingly, the equity ratio amounted to 43%.

Key Figures IFRS (EUR million)

BY 2005/06            BY 2006/07
Revenues                                        613                        744
EBITDA                                            60                         82
EBIT                                                38                         47
Net profit of the year                  26                         51
Balance sheet total                      668                        989
Equity                                          267                        425
EBITDA-margin                                10%                        11%
EBIT-margin                                    6%                         6%
Employees (as of Sept. 30th)    2.235                    3.787

The Annual Financial Report for the business year 2006/07 can be found and downloaded from the website of the company, under Company > Reports.

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ots Originaltext: CROSS Industries AG
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Further inquiry note:
CROSS Industries AG
Michaela Friepess
Tel: +43(0) 7242 69402

Branche: Process Industries
ISIN:      AT0000500905
Index:    ATX Prime
Börsen:  Wiener Börse AG / Regulated free trade

Weitere Meldungen: CROSS Industries AG

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