13.11.2006 – 08:38

Thielert AG

euro adhoc: Thielert AG
Financial Figures/Balance Sheet
Thielert Continues Growth with Record Quarter

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13.11.2006

Hamburg - In its report for the first 9 months of 2006, Hamburg-based
Thielert reveals further substantial sales and profit increases.
Compared to the same period last year, the the aircraft engine
manufacturer’s EBIT amounted to EUR 13 million, approximately 61
percent more than in 2005 (EUR 8.1 million). In the third quarter
alone, the EBIT result stood at EUR 5.9 million, an increase of 84
percent over the prior-year value (EUR 3.2 million). EBT went up by
145 percent to EUR 12 million (from EUR 4.9 million). After tax, the
Thielert Group’s income amounted to EUR 8 million, an increase of 208
percent over the same period last year (EUR 2.6 million). During the
first 9 months of the fiscal year, the group's workforce averaged 315
(270 in Germany, 45 in the USA). This figure includes 18 apprentices.

Sales (1/1-30/9/2006): 47.5 in million EUR
Sales (1/1-30/9/2005): 23.9 in million EUR
Sales (Change): 99 %

Gross profit on sales (1/1-30/9/2006): 30.0 in million EUR
Gross profit on sales (1/1-30/9/2005): 14.9 in million EUR
Gross profit on sales (Change): 101 %

EBITDA (1/1-30/9/2006): 15.8 in million EUR
EBITDA (1/1-30/9/2005): 10.0 in million EUR
EBITDA (Change): 58 %

EBIT (1/1-30/9/2006): 13.0 in million EUR
EBIT (1/1-30/9/2005): 8.1 in million EUR
EBIT (Change): 61%

EBT (1/1-30/9/2006): 12.0 in million EUR
EBT (1/1-30/9/2005): 4.9 in million EUR
EBT (Change): 145 %

Group income (1/1-30/9/2006): 8.0 in million EUR
Group income (1/1-30/9/2005): 2.6 in million EUR
Group income (Change): 208 %

Outlook: Engine Development, New Production Plant, and Defense
Technology Segment Target Further Growth The new plant in Altenburg,
Thuringia, will shortly be commissioned. From mid-December, 35 new
employees will be busy installing retrofit kits at this plant. The
company also anticipates considerable order volume in the defense
technology field.

end of announcement                               euro adhoc 13.11.2006 08:02:45

Further inquiry note:

Sebastian Wentzler
Head of Corporate Communication
Telefon: +49(0)40/696950-75
E-Mail: ir@thielert.com

Branche: Market research
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