EANS-News: TA Triumph-Adler AG reports first quarter sales drop, loss due to current market environment

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Nürnberg (euro adhoc) - Nuremberg, April 27, 2009 - Due to the bad current
market environment TA Triumph-Adler reports consolidated sales to come in 18.9%
lower in the first three months of its 2009 financial year than in the first
quarter of last year, and amounting to EUR76.9 million.

Lower sales revenues as well as extraordinary expenses of almost EUR1 million
for the necessary capacity adjustments as well as relating to refinancing
activities resulted in a pre-tax loss of EUR2.1 million. A pre-tax profit of
EUR2.2 million arose in the first quarter of the previous year.

TA Triumph-Adler will now fully redeem the syndicated loan facility entered into
in summer 2007. The funds required for this are being sourced from a shareholder
loan.

Operating cash inflow of EUR6.2 million; strong cash position

Cash flow in the first quarter 2009 was negative at minus EUR2.9 million. Cash
flow from operating activities, however, amounted to EUR6.2 million, mainly due
to changes in net current assets. Cash and cash equivalents consequently rose
from EUR29.0 million on December 31, 2008 to EUR33.6 million on March 31, 2009.

Total consolidated assets amounted to EUR303.7 million, a EUR9.0 million
extension of the balance sheet total compared with the level on December 31,
2008, corresponding to a EUR9.0 million rise in inventories. Following Kyocera
Mita's acquisition of more than 50% of TA Triumph-Adler shares we de-recognized
deferred tax assets relating to loss carryforwards within the Group. The balance
sheet loss rose to minus EUR159.4 million as of December 31, 2008. The balance
sheet loss rose further to minus EUR161.5 million as a result of the negative
quarterly earnings. Consolidated equity after deducting the minority interest
now amounts to minus EUR73.3 million. The matter is of a purely accounting
nature, and has no legal or liquidity consequences, or effects that might
jeopardize the company as a going concern. TA Triumph-Adler AG as the legally
relevant parent company reports an equity ratio of around 30%. Other current
liabilities (mainly trade payables) were reduced by EUR13.7 million during the
course of the first three months to EUR102.9 million.

Two acquisitions aim to round off business in Austria and South-Western Germany

Following the conclusion of this reporting period, TA Triumph-Adler acquired two
smaller companies. Purchased were the entire business operations of the company
MS Farbdrucklösungen, Schorndorf, as well as Printer Products GmbH, Vienna. The
acquisitions serve to round off the business in Austria and the southwest of
Germany. Together, they have an installed base of around 1,000 machines and
reported sales of over EUR3 million in 2008.

For further information please contact:
TA Triumph-Adler AG
Südwestpark 23
90449 Nuremberg
Germany
Dr. Joachim Fleing
Telefon: +49 / 911 / 68 98 - 499
Fax: +49 / 911 / 68 98 - 200
ir@ta.ag
www.triumph-adler.de

Further inquiry note:
Sonja Blättchen

Telefon: +49 (0)911 6898-104

E-Mail: sonja.blaettchen@triumph-adler.net

end of announcement euro adhoc
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emitter: TA Triumph-Adler AG
Südwestpark 23
D-90449 Nürnberg
phone: +49(0)911 68 98-0
FAX: +49(0)911 68 98-204
mail: info@triumph-adler.net
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: Börse Frankfurt, free trade:
Börse Berlin, Börse Stuttgart, Börse Düsseldorf, Börse München
language: English

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