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Thielert AG

Thielert: Record Year 2006

Hamburg (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
2006 was once again a record year in terms  of
sales and profits for Thielert AG, and the fourth quarter  in  2006
was  one  of  the strongest in the history of the company. The fourth
quarter saw the delivery  of the first Centurion 2.0 and 4.0 engines
to  aircraft  manufacturers,  known  as Original Equipment
Manufacturers (OEM). These two engines  have  been  certified since
the third and fourth quarters of 2006. The  company's  sales  and
profits expectations have been fulfilled.
Successor engine to the Centurion 1.7 goes  into  series  production:
Centurion 2.0
The expansion of production capacity at the plants  at
Lichtenstein/Saxony  and Altenburg/Thuringia and the associated
recruitment of  new  staff  have  largely been completed as
scheduled.  The company already started series  production  of the
Centurion 2.0  und  Centurion  4.0  aircraft  piston  engines  in
the  last quarter. The Centurion 2.0 is the latest development stage
of the Centurion  1.7 and has also 135 PS. The latter engine has in
recent years made  a  considerable contribution to the growth and
success of the company,  with  over  1,500  units delivered for
general aviation.
In the Centurion 2.0, Thielert has been able to demonstrate that the
proven  and reliable design is upwardly compatible. The new engine
will  in  future  replace the Centurion 1.7 in all installations. The
Centurion 2.0 has a  greater  engine capacity, particularly in order
to meet  the  requirements  of  the  US  market. Thielert has
developed a own engine block in the course of the  development  and
approval process, which is especially designed to meet the demands of
aviation. The European and US aviation authorities  approved  the
engine  in  August  and October 2006. Similarly, the Centurion 2.0
has been  approved  for  installation in the Cessna 172 since August
last year.  The  Centurion  2.0  is  supplied  to plane manufacturer
Diamond Aircraft  Industries  as  an  installation  kit,  and built
into the successful DA40 TDI and DA42 aircraft.  Diamond  is
experiencing strong growth and has  customer  orders  stretching
beyond  the  end  of  2007. Planning security for the Thielert AG
companies  is  also  further  improved  in 2007 by a second major and
several minor OEM companies.
Defense Development Contracts
As announced in November, Thielert AG has won additional contracts
from  its  US customer General  Atomics  Aeronautical  Systems,  Inc.
(GA-ASI).  Additionally Thielert was able to complete important
developments in the  forth  quarter.  As part of the ER/MP (Extended
Range/Multi Purpose) program for the  US  Army,  the current contract
for the year 2006 was increased by 50 percent and  was  already
relevant for  the  forth  quarter  earnings.  These  development
services  were related to the engine for the  unmanned  aerial
vehicle  (UAV)  "Sky  Warrior". Thielert is the exclusive engine
supplier for this program.  GA-ASI  will  start with serial delivery
of the Sky Warrior in mid of 2007.
General Market Situation Engine Components
Superior Air Parts, Inc., a subsidary of Thielert AG, has  also
grown  strongly in the last year and was able to consolidate its
market position.  The  measures of restructuring the organisation
after the acquisition have been successful.
Outlook Earnings and Profits
The year 2006 was successful as projected. In  the  near  future
Thielert  will publish some selected financial ratios especially in
terms  of  liquidity.  The company has a solide financing.
end of announcement                               euro adhoc 05.01.2007 09:59:55

Further inquiry note:

Sebastian Wentzler
Leiter Unternehmenskommunikation
Telefon: +49(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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