In order to optimize our website for you and to continuously improve it, we use cookies. By continuing to use the website, you consent to the use of cookies. For more information on cookies, please refer to our Privacy Policy.
Content Page Introduction

Ad-hoc: Preliminary Financial Statements

Sales increase by 63% to EUR 72.9 million. EBITA improves from EUR 1.1 million to EUR 2.4 million. Major income tax expense predominantly with no impact on liquidity. Earnings per share of minus 35 euro cents (prior year: 22 euro cents).

Stuttgart, 14 March 2007 – AC-Service AG yesterday submitted its preliminary consolidated financial statements to the supervisory board in which for the 2006 financial year it reported sales of EUR 72.9 million (prior year: EUR 44.7 million), an EBITA of EUR 2.4 million (prior year: EUR 1.1 million) and an EBIT of EUR 1.4 million (prior year: EUR 0.8 million). This means that sales surpassed the range announced in the outlook of the last annual report published in March 2006 and the EBITA just achieved the projection. The earnings per share (IFRS) were minus 35 euro cents (prior year: 22 euro cents) despite the positive EBITA. Contributing to this, in addition to a financial result of minus EUR 0.7 million (prior year: EUR 0.3 million) burdened by one-time costs, was a major income tax expense of EUR 2.6 million (prior year: EUR 0.1 million), which for the most part had no impact on liquidity. The income tax payments in 2006 with an impact on liquidity totalled only EUR 0.6 million (prior year: EUR 0.4 million).

AC-Service AG will be publishing its annual general report on 28 March 2007.