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

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
30.04.2007
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
end of announcement                               euro adhoc 30.04.2007 23:23:32

Further inquiry note:

Sebastian Wentzler
Head of Corporate Communication
Telefon: +49(0)40-696950-35
E-Mail: s.wentzler@thielert.com

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

Original content of: Thielert AG, transmitted by news aktuell

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