Vossloh AG

Earnings Release • Dec 6, 2007

News Details

Ad-hoc | 6 December 2007 18:55

Vossloh AG: Vossloh raises predictions and announces dividend hike

Vossloh AG / Forecast

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Vossloh raises predictions and announces dividend hike

• Budget for 2008 much higher
• Forecasts for 2007 fully confirmed
• Dividend to be proposed at €1.70 per share

Vossloh AG is raising appreciably its budget for 2008. The Company is now
budgeting sales in the region of €1,340 million (previously: €1,292
million), with an EBIT of around €142 million (up from €134 million) and
group earnings of some €91 million (up from €79 million). These figures are
equivalent to earnings per share (EpS) of €6.15 (up from €5.35), a growth
of 35 percent versus the €4.54 anticipated for 2007.

For 2009, Vossloh expects further growth combined with sustainable high
profitability. From today’s vantage point, sales and earnings will again
rise, by around five percent; group earnings and EpS (assuming the tax load
ratio to edge up) by about two percent.

When presenting its new plan figures, Vossloh confirmed that its forecasts
for 2007 budget will be upheld in every respect. Accordingly, sales this
fiscal year will amount to around €1,200 million. The latest projections
predict an EBIT of around €118 million and group earnings in the region of
€67 million, figures identical with the most recent forecasts of October
30, 2007.

Given the reaffirmed targets for 2007, Executive Board and Supervisory
Board envisage proposing a dividend of €1.70 per share to the annual
general meeting. This would be equivalent to a distribution of around 37
percent. For fiscal 2006, the stockholders had received a dividend of
€1.30.

Werdohl, December 6, 2007
The Executive Board
06.12.2007 Financial News transmitted by DGAP

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Language: English
Issuer: Vossloh AG
Vosslohstr. 4
58791 Werdohl
Deutschland
Phone: +49 (0)2392 52 - 249
Fax: +49 (0)2392 52 - 219
E-mail: investor.relations@ag.vossloh.com
Internet: www.vossloh.com
ISIN: DE0007667107
WKN: 766710
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, München, Hamburg, Stuttgart

End of News DGAP News-Service

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