Ad-hoc Announcement, 11.05.2006
TA Triumph-Adler sales up
Announced return to profitable territory on target – Operating result up 16%, break even quarterly result
Nuremberg, May 11, 2006 - In the first quarter of financial year 2006, TA Triumph-Adler AG, the specialists in document business efficiency, achieved consolidated sales of € 87.6 million, exceeding the previous year's level of € 85.8 million by 2.1 percent.
The result before interest and taxes (EBIT) increased in the reporting period to € 2.9 million (previous year: € 2.5 million). This represents a growth of around 16 percent. As in the previous year's quarter, this figure includes one-time expenses of € 0.7 million arising in connection with the restructuring of the TA Triumph-Adler Group, which is proceeding to plan. A quarterly result of € 0.1 million was generated in the first quarter of 2006 (previous year: € 0.2 million). As a result, TA Triumph-Adler AG considers it is on target to return to profitable territory in 2006 as planned.
The balance sheet total as of March 31, 2006, came to € 432.7 million compared to € 422.2 million at December 31, 2005. The increase is primarily due to acquisition activity in the first quarter of 2006 which saw the acquisition of the business of Derksen Bürokommunikation, Kleve, and Schuss Office Systems, Vienna.
The cash flow statement for the first quarter 2006 shows net cash from ordinary operation of € 6.0 million compared to an outflow of funds of € 12.8 million in the same quarter of the previous year.
Contact:
TA Triumph-Adler AG
Suedwestpark 23
D - 90449 Nuremberg
Dr. Joachim Fleing
Phone: +49 / 179 / 796 34 72
Fax: +49 / 911 / 68 98 - 200
presse@triumph-adler.de
www.triumph-adler.com
Bearer shares ISIN: DE0007495004,
admitted to official trading (Prime Standard) on the Frankfurt stock exchange and on all German regional exchanges
Important Information:
This press statement contains forward-looking statements that are based on the assumptions and estimations of the management of TA Triumph-Adler AG. Even though the management is of the opinion that these assumptions and estimations are correct, the actual future development and the actual future results of these assumptions and estimations may deviate materially owing to many different factors. These factors could include, for example, a change in the overall economic situation, exchange rates, interest rates as well as changes in the development of the market and changes to the competitive situation arising from technological change. TA Triumph-Adler AG undertakes no guarantee that the future development and the actual future results achieved will meet the assumptions and estimations expressed in this press statement, nor does it assume any liability in this regard.