Ahlers AG

Earnings Release • Oct 13, 2006

News Details

Ad-hoc | 13 October 2006 08:51

Ahlers AG: results for the third quarter and for the first nine months of fiscal 2005/06

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Ahlers AG today announced the results for the third quarter and for the first nine months of fiscal 2005/06 (December 1, 2005 – November 30, 2006), In the first nine months of the current fiscal year, Ahlers AG generated sales of EUR 224.4 million (previous year: EUR 239.5 million). The decline in sales is mainly due to the sale of the eterna Group effective June 30, 2006. As a result of this significant non-recurring income as well as non-recurring charges, the results of ordinary activities for the first nine months increased considerably from the prior year’s EUR 16.8 million to EUR 82.7 million. Earnings after taxes also rose, from EUR 9.7 million to EUR 79.1 million. The sale of the eterna Group led to extraordinary profits of approx. EUR 78.0 million. In addition, the one-time effects resulted in special depreciation on trademark rights and on buildings in Germany and abroad totaling EUR 7.4 million based on impairment tests. Due to the sale of the eterna Group as of June 30, 2006, the Group does not anticipate that sales revenues for fiscal 2005/06 as a whole will increase from the previous year. Net income as of November 30, 2006 will also be characterized by the high sales proceeds generated for the eterna Group. For more information, please see the full interim report, available in the Internet starting on October 13, 2006 at www.ahlers-ag.com. Herford, October 13, 2006 The Management Board Ahlers AG Elverdisser Str. 313 232052 Herford (c)DGAP 13.10.2006 ————————————————————————— Language: English Issuer: Ahlers AG Elverdisser Straße 313 32052 Herford Deutschland Phone: +49 (0)5221 979-0 Fax: +49 (0)5221 725 38 E-mail: ahlers-ag@ahlers-ag.com WWW: www.ahlers-ag.com ISIN: DE0005009708, DE0005009732 WKN: 500970, 500973 Indices: Listed: Amtlicher Markt in Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Berlin-Bremen, München, Stuttgart End of News DGAP News-Service —————————————————————————