- 30.07.2010, 07:30:40
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EANS-News: TA Triumph-Adler AG / TA Triumph-Adler AG sees demand recovering / Shipments and revenues notably increased
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Nürnberg (euro adhoc) - Nuremberg, July 30, 2010
TA Triumph-Adler Group revenue in the first quarter of the 2010/2011 financial
year of EUR75.9 million was 14.1% higher compared with the three months of the
abbreviated financial year as of March 31, 2010, when EUR66.5 million was turned
over. Revenue was also 8.6% higher than in the comparable period of the previous
year, according to the Quarterly report which was published by the company
today.
The Distribution segment which sells machines to specialist dealers both in
Germany and abroad increased sales revenues by over 40% from EUR12.5 million to
EUR18,0 million. This segment experienced particularly strong demand from
international markets, boosting exportation by more than 50% compared to the
previous year's level. The Direct Sales segment achieved revenue of EUR57.9
million in the first three months, EUR0.5 million more than from April to June
2009. This also shows that other revenues (services and consumables) reported
relatively weaker growth, which also had an unfavorable impact on the earnings
side.
The materials expense reported disproportionately high growth of 15.4% compared
with the comparable quarter of the previous year, rising to EUR50.1 million. The
gross profit margin (calculated as revenue minus materials expense, expressed as
a percentage of revenue) was 34.0% in the quarter. As a consequence, this
important indicator was again lower than in the previous year; it increased,
however, by 8.3% compared with the three months of the abbreviated financial
year.
In the first quarter accounting errors were discovered at our subsidiary TA
Triumph-Adler Corporate Consulting GmbH resulting from deliberate manipulations
by this company's management. TA Triumph-Adler parted company with one managing
director and further management staff of this subsidiary. The resulting partial
reconstruction work in the key account area which was started immediately
affects Group earnings. According to the Quarterly Report it had a negative
impact on first-quarter earnings, and will also burden the entire 2010/2011
financial year.
The pre-tax result in the first quarter of 2010/2011 of minus EUR3.3 million,
therefore, was negative again. This amounted to minus EUR2.7 million in the
comparable prior-year period, and to minus EUR8.5 million in the abbreviated
financial year from January 1 to March 31, 2010.
Machine shipments in the first quarter of 2010/2011 rose by around 7% compared
with the three months of the 2010 abbreviated financial year, to more than
23,450 machines. Shipments were even up by more than 50% compared with the
prior-year comparable period (April - June 2009). Printers' share of total
shipments declined to around 44% due to higher demand in the copier area. The
proprietary brand share within Direct Sales rose to 86.7%.
A total of 1,233 employees were active in the companies of the TA Triumph-Adler
Group as of the June 30, 2010 reporting date (June 30, 2009: 1,304; March 31,
2010: 1,234).
For more information:
TA Triumph-Adler AG
Dr. Joachim Fleïng
Investor Relations Representative
Phone: +49 (0) 9 11/ 68 98 - 4 99
E-Mail: [email protected]
Karl-Rainer Thiel
Head of Corporate Communications
Phone: +49 (0) 9 11/ 68 98 - 3 51
E-Mail: [email protected]
Südwestpark 23
D - 90449 Nürnberg
www.triumph-adler.de
About TA Triumph-Adler AG:
In the document business, TA Triumph-Adler is THE specialist. The company
analyses, individually advises and realises an efficient document workflow for
business customers, in both paper and electronic form, and delivers an effective
service. With over 200,000 installed systems and more than 35,000 satisfied end
customers and 113 years´ experience in the document business, the Group is the
market leader in Germany. Over 450 internal document consultants and 500
internal system supporters ensure a nationwide service. The Group is there for
its customers in over 12 legally independent solution centres (limited
companies) in over 50 locations throughout Germany and abroad. TA Triumph-Adler
offers complete and unique modular solution concepts (hardware = TOM `Total
output Management´; software = DIDO `Digital Document Organisation´). The
company is a full-line distributor for printing, faxing, copying, scanning and
DMS and has its own financial service provider in the form of TA Leasing GmbH,
which provides virtually every form of financing for business customers.
Together with the specialised TA Triumph-Adler Corporate Consulting GmbH, the
document specialist works with established key accounts both within Germany and
abroad. TA Triumph-Adler AG has a prime standard rating on the German stock
exchange (WKN 749500) and, with 1,400 employees (150 of whom are trainees)
generated sales of EUR 287.5 million during the 2009 business year. The company
demonstrates its social and civic responsibility through the Triumph-Adler
"Triumph für Kinder" foundation; (account no: 5260500, bank code: 76040061), TA
Triumph-Adler AG also feels a duty to protect the environment and carries out
efficient and comprehensive corporate governance. The company´s headquarters are
located in Nuremberg. TA Triumph-Adler and KYOCERA MITA Corporation Japan:
partners for technology and the environment.
Further inquiry note:
Sonja Blättchen
Telefon: +49 (0)911 6898-104
E-Mail: [email protected]
end of announcement euro adhoc
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issuer: TA Triumph-Adler AG
Südwestpark 23
D-90449 Nürnberg
phone: +49(0)911 68 98-0
FAX: +49(0)911 68 98-204
mail: [email protected]
WWW: http://www.triumph-adler.de
sector: Semiconductors & active components
ISIN: DE0007495004
indexes: CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Stuttgart, Düsseldorf, München
language: English
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