HanseYachts AG

Earnings Release • Dec 19, 2007

News Details

Ireland | 19 December 2007 08:01

HanseYachts AG:

HanseYachts AG / Release of an announcement according to Article 37 of the WpHG [the German Securities Trading Act]

Interim report according to Article 37 of the WpHG, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Total revenues rise by approx. 45 percent

Heavy demand for Hanse yachts
New brands, Fjord and Moody, enjoy very good feedback
Outlook confirmed for 2007/08

Greifswald, 19 December 2007 - In the period from 01/08/2007 to 31/10/2007,
HanseYachts AG in Greifswald exceeded last year's mark by 45 percent with
total revenues of EUR 25.6 mil-lion (turnover in addition to fluctuations
in inventories of finished and unfinished goods plus internally capitalized
assets). Consolidated earnings before taxes at approx. EUR 89 000 were EUR
215 000 above the same period last year.
In this period, the seasonality of the water-sport business is reflected
that is marked by work holidays, introduction of a new model year as well
as seasonal build-up of inventories. In the period under review, a total of
EUR 8 million was invested in expanding production capacities. HanseYachts
AG's liquid assets totalled around EUR 45.4 million at the end of the
quarter on 31 October.

Heavy demand for Hanse yachts
The order books for fiscal year 2007/08 underscore the stable demand for
Hanse yachts. With its new models, Hanse 320 and Hanse 350, which were
introduced in August 2007, and its modified models, Hanse 370 and Hanse
400, all of its sailing yachts now feature a uniform design line. Demand is
excellent even in the area of medium-sized yachts— despite the diffi-cult
market.

Fjord motor yachts
Fjord motor yachts (Fjord 40 Open and Fjord 40 Cruiser) produced under the
aegis of Han-seYachts have been very well received on the market. The flow
of new orders has been de-veloping as expected so that the volume targets
for the current fiscal year have remained unchanged.
The Fjord 40 Open has been nominated for the title of 'European Powerboat
of the Year.' For the fifth time, leading European trade journals are
choosing the best yachts and boats of the year. After a preliminary
screening of over 90 new models, five boots each in four catego-ries of
length have made it to the finals, including the Fjord 40 Open. It is the
first boat of a completely new design line at Fjord Boats. Designers and
engineers led by multiple awardee Patrick Banfield have concentrated their
efforts on a fast hull beneath the water line, ex-tremely generous deck
options and greater convenience.

Development of the new Moody 45 DS
Construction of the first Moody 45 DS will be completed shortly. Initial
test runs will be con-ducted at the end of February. Within the framework
of a formal event, the yacht will be pre-sented to the public and the
international trade press in England in March/April 2008. The first boats
have already been sold using computer animation. HanseYachts acquired the
tra-dition-rich Moody brand in March 2007. Under this brand name,
state-of-the-art deck-saloon and middle cockpit yachts will be produced and
marketed in future.

Outlook for 2007/08
For fiscal year 2007/08, HanseYachts AG expects turnover on the order of
between EUR 135 million and EUR 145 million. The EBIT margin should be at
least 10 percent.

About HanseYachts AG:

HanseYachts is one of the fastest growing yacht producers in Europe.
Sailing yachts are currently being built that range from 10 meters to 19.20
meters (32 ft to 63 ft). HanseYachts also produces mo-tor yachts under the
Fjord Boats AS brand. Moreover, England's Moody brand, which is known for
its high-quality sailing yachts, has belonged to the HanseYachts Group
since March 2007. HanseYachts AG has also been publicly listed on the
General Standard of the Frankfurt Stock Exchange since March 2007. In
fiscal year 2006/07 (31/7/2007) turnover was EUR 105.2 million (EUR 66.3
million last year). A total of 850 yachts were produced in fiscal year
2006/07 (586 last year). Around 500 employees were working for the
HanseYachts Group at the end of the fiscal year.

International Securities Identification Number (ISIN): DE000A0KF6M8
Securities code number (SCN): A0KF6M
Common Code: 028245980
Stock Market Abbreviation: H9Y

www.hanseyachts.com
www.fjordboats.com
www.moodyboats.com

19.12.2007 Financial News transmitted by DGAP

Language: English
Issuer: HanseYachts AG
Salinenstr. 22
17489 Greifswald
Deutschland
Internet: www.hanseyachts.com

End of News DGAP News-Service

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