Ad-hoc | 20 February 2006 14:16
DEUTZ AG: Operating profit 2005 climbs to € 62.5 million
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Based on preliminary calculations DEUTZ achieved an operating profit (EBIT)
before one-off items of € 62.5 million (2004: € 53.5 million). This
represents a rise of around 17 percent versus the previous year. On a
comparable basis, i.e. without the contribution from the marine service
business for the months April to December 2004, EBIT was up by more than
double.
Net profit for the year was € 71.4 million (2004: € -18.7 million) and was,
among other things, influenced by the positive one-off items amounting to €
52.2 million, that mainly result from the sale of the marine service
business.
For 2005, DEUTZ switched from the HGB (German Commercial Code) reporting
system to the international IFRS standard, and this also affected 2004 as
the comparison period. The table below compares the figures under the HGB
and IFRS rules.
in € million 2004 HGB 2004 IFRS 2005 IFRS
EBIT before one-off items 50.1 53.5 62.5
One-off items -35.0 -35.0 52.2
EBIT n.a. 18.5 114.7
Net loss/profit -18.6 -18.7 71.4
The final results for the financial year 2005 will be published at the
balance sheet press conference on 2 May 2006.
For more Information about DEUTZ AG, go to http://www.deutz.com/
Contact: Andrea Bleesen
Tel.: +49 (0) 221 8 22-24 92
Fax: +49 (0) 221 8 22-21 16
E-mail: bleesen.a@deutz.com
(c)DGAP 20.02.2006
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language: English
emitter: DEUTZ AG
Deutz-Mülheimer Str. 147-149
51063 Köln Deutschland
phone: +49 (0)221 822 0
fax: +49 (0)221 822 3525
email: info@deutz.com
WWW: www.deutz.com
ISIN: DE0006305006, DE000A0BNUN0, DE000A0DMKV2, DE000A0HN461
WKN: 630500, A0BNUN, A0DMKV, A0HN46
indexes: SDAX
stockmarkets: Amtlicher Markt in Frankfurt, Düsseldorf; Freiverkehr in
Berlin-Bremen, Hannover, Hamburg, München, Stuttgart
End of News DGAP News-Service
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