euro adhoc: Air Berlin PLC
quarterly or semiannual financial statement
Air
Berlin´s operating income for the third quarter increases to almost EUR 70
million - Net profit exceeds EUR 60 million despite the integration and
restructuring costs for LTU
20.11.2007 – 07:01
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
9-month report/Q3-report
20.11.2007
Ad hoc Press Release as per Article 15 of the Securities Trading Act
London, 20 November 2007 - In the third quarter of 2007, the Air Berlin Group, including LTU, which has been fully consolidated since August 2007, recorded a sales volume of EUR 857.6 million, i.e. a 7.2 percent increase over the corresponding period of the previous year (EUR 799.9 million). EBITDAR (Earnings before interest, taxes, depreciation, amortization and leasing expenses) increased by 12.5 percent from EUR 155.4 million to EUR 174.8 million, and EBIT (Earnings before interest and taxes) increased by 0.7 percent from EUR 69.6 million to EUR 69.8 million. Due to the improved financial and tax results, net profit increased from EUR 50.9 million to EUR 60.8 million (+19.4 percent). Non-recurrent charges for the integration and restructuring measures relating to LTU amounted to EUR 13.2 million. Air Berlin continues to count on the synergies from the acquisition of LTU to take effect in 2008.
For additional information and the complete Interim Report, please consult our IR website at ir.airberlin.com.
Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER Hertfordshire Great Britain WKN AB1000 (Share) Frankfurt Stock Exchange (Official Market, Prime Standard) WKN AONQ9H (Convertible Bond) Euro MTF Market on the Luxembourg Stock Exchange
end of announcement euro adhoc 20.11.2007 06:25:00
Further inquiry note:
Ingolf Hegner
Head of Investor Relations
+49 (0)30 3434 1532
ihegner@airberlin.com
Branche: Air Transport
ISIN: GB00B128C026
WKN: AB1000
Index: Classic All Share, Prime All Share, SDAX
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade
Original-Content von: Air Berlin PLC, übermittelt durch news aktuell