TA Triumph-Adler GmbH

ots Ad hoc-Service: TA Triumph-Adler AG TA Triumph-Adler AG publishes 2000 interim report: Operating profit doubles, substantial increase in sales

The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Nürnberg/Grünwald (ots Ad hoc-Service) - Group sales of TA Triumph-Adler AG rose from the previous year's EURO 250.6 million to EURO 322.1 million for H1 2000. The growth in sales of more than 28 per cent is of significant strategic value, as almost 90 per cent of the growth is attributable to the accelerated expansion of the Triumph-Adler Experts@Output core division, which increased its sales by over 50 per cent from the previous year to EURO 191.6 million today. The sales increase is an impressive confirmation of our policy of acquisitions, because it derives primarily from the UTAX (copying and printing systems) and PPE (presentations systems) companies acquired at the end of 1999. Operating earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 110 per cent to EURO 22.2 million compared to the same period in the previous year. Triumph-Adler Experts@Output contributed decisively to this figure with an increase of EURO 4.2 million to EURO 17.9 million, and the Toys & Leisure and Electronics/Miscellaneous business segments also improved, growing by EURO 5.8 million to EURO 2.3 million and by EURO 5.3 million to EURO 8.6 million respectively. In addition there was a profit contribution of EURO 29.1 million from the block sale of 22 per cent of the shares in Zapf Creation AG which are held by Triumph-Adler. Our remaining shareholding still includes undisclosed reserves of more than EURO 100 million, which represents a great earnings potential for the years ahead. Consolidated net income in the first six months amounted to EURO 7.5 million compared to EURO 52.3 million in the previous year, though this figure included the EURO 85.3 million gain on divestments from the flotation of Zapf Creation AG. For the year 2000 as a whole, Group sales of approx. EURO 725 million are expected on an operational EBITDA of around EURO 81 million, or EURO 66 million after central division expenditures. Not included in this figure are the gains on divestments. The West European market for presentations technology will probably grow by an average of 13 per cent a year until 2003. For the segments relevant to Triumph-Adler, the West European market in the printing and copying sectors is expected to experience annual growth of more than 10 per cent per year. Further details can be obtained from: TA Triumph-Adler AG Mailing address: Dr. Markus Trauttmansdorff TA Triumph-Adler AG Tel: ++49/89/641902-0 Ludwig-Ganghofer-Str.6 Fax: ++49/89/641902-90 D-82031 Gruenwald Info@triumph-adler.de End of message ----------------------------------------------------- Internet: http://recherche.newsaktuell.de Original-Content von: TA Triumph-Adler GmbH, übermittelt durch news aktuell

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