TA Triumph-Adler AG
TA Triumph-Adler AG english
Ad-hoc Announcement by TA Triumph-Adler AG, as Stipulated by Article 15 WpHG
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
Half-yearly Result Fiscal 2003
Nuremberg/Munich, August 14th, 2003: TA Triumph-Adler AG has announced its
results for the first six months of fiscal 2003.
As of June 30th, 2003, the Group had achieved consolidated sales of 274.2
million EUR (previous year: 309.8 million EUR), EBITDA had risen to 18.7 million
EUR (previous year: 18.0 million EUR) and EBIT before goodwill amortization had
risen by 2.8 million EUR to 4.0 million EUR (previous year: 1.2 million EUR).
The result as of June 30th, 2003 was positively influenced by the sale in June
of Majorette and the remaining Beteiligungs division, amounting to a total of
7.2 million EUR. The result for last year, by contrast, showed earnings
contributions amounting to 1.3 million EUR and gains from divestments of 1.4
million EUR from companies no longer in the consolidated group of companies.
There were differing contributions to the half-yearly result by the segments of
Imaging and Presentation and Media Technology, which form the core business,
Experts at Output.
As at the cut-off date, Imaging had achieved in difficult market conditions a
half-yearly result of 152.9 million EUR which lies in the same range as that of
the previous year (153.9 million EUR). As of June 30th, 2003, EBITDA had grown
to 18.8 million EUR, representing an increase of 1.4 million EUR on the previous
year.
Due to investment restraints of customers, which particularly affected
CAN.media, Presentation and Media Technology suffered a decline in sales and
earnings. As at the cut-off date, sales for this segment amounted to 47.2
million EUR (previous year: 49.7 million EUR). EBITDA dropped to 0.2 million EUR
(previous year: 3.6 million EUR) due to increased sales-promotion expenses. The
changing market conditions are to be offset in the second half of 2003 by
extensive cost reduction measures.
The consolidated companies of the former TA Beteiligungs division were
consolidated in the Group as of June 30th , 2003 and achieved sales of 74.2
million EUR (previous year: 106.2 million EUR) and an EBITDA (before gains from
divestments) of -0.2 million EUR (previous year: 3.4 million EUR).
end of ad-hoc-announcement (c)DGAP 14.08.2003
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
The Central Division (before effects of divestments) encumbered the Group’s
half-yearly result by 7.3 million EUR (previous year: 7.7 million EUR).
Cashflow as at the end of the first six months of 2003 was at 7.0 million, at
the level of the previous year.
The half-yearly group results improved, reaching -1.5 million EUR (previous
year: -10.4 million EUR.)
The total assets for the Group declined to 473.2 million EUR (June 30th, 2003)
from 583.1 million EUR (December 31st, 2002).
Further details can be obtained from:
TA Triumph-Adler AG, Corporate Communication / IR, Phone: +49/89/ 641902-0, Fax:
+49/89/641902-90, presse@triumph-adler.de, Mailing address: Implerstrasse 11,
D-81371 Munich, Germany
Brief corporate profile:
In the course of the strategic realignment TA Triumph-Adler AG was transformed
into a tightly focused distribution and service business with a leading
franchise in the future market of digital office communication.
Triumph-Adler Experts at Output distributes and services output solution
products (sales in FY 2002: EUR 408 m). This comprises the segments Imaging
(products for copying, printing and faxing) as well as Presentation and Media
Technology (products for professional presentation).
In the segment Imaging Triumph-Adler Experts at Output is market leader in
Germany. The segment Presentation and Media Technology has reached a market
leading position in Europe. The target is to extend this strong market position
Europe-wide by organic growth and acquisitions.
Important Information:
This press statement contains forward-looking statements that are based on the
assumptions and estimations of the management of TA Triumph-Adler AG. Even
though the management believes that these assumptions and estimations are
correct, the actual future development and the actual future results of these
assumptions and estimations may deviate materially owing to many different
factors. These factors could include, for example, a change in the overall
economic situation, exchange rates, interest rates as well as changes in the
development of the market and changes to the competitive situation arising from
technological change. TA Triumph-Adler AG undertakes no guarantee that the
future development and the future results actually achieved will match the
assumptions and estimations expressed in this press statement, nor does it
assume any liability in this regard.
——————————————————————————–
WKN: 749500; ISIN: DE0007495004; Index:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, München und Stuttgart
141316 Aug 03
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden