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Earnings Release • Aug 24, 2006

News Details

Corporate | 24 August 2006 11:25

ARQUES Industries AG publishes financial report for second quarter: Revenues and earnings exceed forecast

Corporate news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— ARQUES Industries AG publishes financial report for second quarter Revenues and earnings exceed forecast Starnberg, August 24, 2006 – The Starnberg-based equity investment company, ARQUES Industries AG (ISIN DE0005156004), has published its financial report for the second quarter and the first half-year 2006. In the second quarter ARQUES increased group revenues by 72.0% to EUR 183.5 million (previous year: EUR 106.7 million). The EBITDA (earnings before interest, taxes, depreciation and amortisation) totalled EUR 27.4 million compared to EUR 25.2 million in the second quarter 2005 (+ 8.7%). In addition, a positive operational cash flow to the value of EUR 12.1 million was reached in the second quarter compared to EUR -17.2 million in the first quarter 2006. In the second quarter 2006 revenues and earnings of the newly acquired companies, Georg Fischer Schwab, Fritz Berger, as well as the print shop J.P. Bachem are included for the first time. Based on the entire first half-year, ARQUES increased group revenues by 80.4% or EUR 144.2 million to EUR 323.6 million (previous year: EUR 179.4 million). The EBITDA amounted to EUR 50.3 million compared to EUR 30.4 million in the first half-year 2005 (+ 65.5%). The income from the reversal of negative goodwill arising from capital consolidation amounted to EUR 41.4 million thereof. The EBIT increased by 61.2% to EUR 39.5 million (previous year: EUR 24.5 million). The diluted earnings per share amounted to EUR 1.57 which represents an increase of 45.4% compared to the half-year 2005 (previous year: EUR 1.08). The half-year report is available as download under www.arques.de. About ARQUES ARQUES Industries AG, Starnberg, (www.arques.de), is a turnaround specialist who focuses on the acquisition and the active restructuring of companies in transitional situations, in order to develop these, with its own team and own resources, to competitive enterprises with a positive yield. ARQUES revitalises its subsidiaries’ potential for creating value for the benefit of all its stakeholders, taking on the relevant social responsibility. ARQUES has made a duty of identifying underestimated companies with reduced survivability but with high appreciation potential, at the same time mastering complex company structures and transitional situations. The shares of ARQUES Industries AG are traded in the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the symbol ‘AQU’ (ISIN: DE0005156004) and are listed in the SDAX since September 19, 2005. Contact: ARQUES Industries AG Investor Relations & Corporate Communication Anke Lüdemann, CEFA/CIIA Tel.: +49 (0) 8151/ 651 0 Email: luedemann@arques.de (c)DGAP 24.08.2006 ————————————————————————— Language: English Issuer: ARQUES Industries AG Münchner Str. 15a 82319 Starnberg Deutschland Phone: +49 (0)8151 651-0 Fax: +49 (0)8151 651- 500 E-mail: info@arques.de WWW: www.arques.de ISIN: DE0005156004 WKN: 515600 Indices: SDAX Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, München, Stuttgart End of News DGAP News-Service —————————————————————————