DGAP-News: Tognum AG: 2007 Revenues Exceed €2.8bn - Preliminary Group Results for the 2007 Financial Year


Tognum AG / Preliminary Results

28.02.2008 

Release of a Corporate-announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

2007 Tognum Revenues Exceed €2.8bn

- Revenues increase by 11.8% to €2,835mln
- Adjusted EBIT rises 26.2% to €390mln
- Adjusted earnings per share of €1.58
- Proposed dividend of €0.60 per share 
- Approximately 23% equity ratio on Dec 31, 2007 

Friedrichshafen, 28 February 2008. Tognum AG (TGM, ISIN: DE000A0N4P43)
closed the 2007 financial year with revenues of €2,835mln and an adjusted
EBIT (earnings before interest and taxes) of €390mln.  These preliminary
figures fully confirm the latest guidance from December 2007.

Preliminary Results of the Group
--------------------------------<pre>

(in € mln, if not indicated otherwise)       2006PF*    2007     Delta
Order intake                                    2,781    3,107    +11.7%
Revenues                                        2,535    2,835    +11.8%
EBIT (adjusted)                                   309      390    +26.2%
Return on sales (adj.)                          12.2%    13.8%    +13.1%
Net profit (adj.)                                 138      199    +44.2%
Earnings per share (adj.)                       €1.15    €1.58    +37.4%
Equity ratio as of Dec. 31                         3%      23%       +20</pre>

The Tognum Group increased its revenues by 11.8% in comparison to the
(pro-forma*) 2006 financial year (December prognosis: +10% vs. €2,535mln in
2006). In particular, sales of engines and systems for Marine and
Industrial applications as well as After Sales services rose strongly
year-on-year. The acquisition of the US company Katolight also contributed
to revenue growth in the sub-segment Onsite Energy Systems.

Order intake reached €3,107mln in 2007, an increase of 11.7% (2006:
€2,781mln). The rise is primarily driven by greater demand for the expanded
range of products in the traditionally strong engine segments. The Group’s
order intake also grew with the acquisition of Katolight.

Adjusted EBIT climbed by €81mln or 26.2% in 2007 in comparison to the
corresponding period from 2006 (December prognosis: +25% vs. €309mln in
2006). The adjusted return on sales for the year was 13.8% (2006: 12.2%).
The year-on-year improvement in results is primarily driven by strong
growth in large engines and systems as well as the successful expansion of
After Sales.

The adjusted net profit increased 44.2% to €199mln (2006: €138 mln). This
enabled Tognum to achieve adjusted earnings per share of €1.58 in the past
financial year (2006: €1.15). The board of management is set to propose a
dividend payment of €0.60 per share on account of the good profits.

Tognum AG significantly improved its equity in the 2007 financial year.
Both the €268mln (gross) in capital received from the IPO on July 2, 2007,
and the exceptional profits had a positive effect on equity. The equity
ratio increased from 3% on December 31, 2006 to approximately 23% on
December 31, 2007.

The board of management at Tognum has confirmed the guidance for 2008 that
was issued in the middle of December 2007 and will review it at the end of
the current quarter. The financial statements of Tognum AG and the
consolidated financial statements for the 2007 financial year will be
published on April 3, 2008. The shareholders’ meeting is planned for June
10, 2008.

* A comparison of figures for the financial year 2007 with those of the
prior year is only possible to a limited extent because the Tognum Group in
its present form was only formed in April 2006 from the operating business
of the former DaimlerChrysler Off-Highway unit with MTU Friedrichshafen
GmbH as its core company. Comparative figures for the year 2006 are the
result of a pro-forma calculation.

Forward-looking statements: 
---------------------------
This report also contains forward-looking statements based on assumptions
and estimates of Tognum’s Executive Board of Management. Although we assume
that our assumptions and estimates on which we have based these
forward-looking statements are realistic, we cannot guarantee that they
will in the future prove to be correct. The assumptions and estimates, by
their nature, may harbour risks and uncertainties that may cause the actual
figures to differ considerably from the forward-looking statements. Factors
that may cause such discrepancies include, among other things, changes in
the economic and business environment, variations in exchange and interest
rates, the introduction of competing products, lack of acceptance for new
products or services and changes in corporate strategy. Tognum does not
undertake any obligation to update, to review or to confirm the
forward-looking statements or to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after the
date of this announcement.

Investors & Analysts contact:

Achim Schneider
ir@tognum.com
+49 (0)7541-90 3318

Media contact:

Stefan Wortmann
stefan.wortmann@tognum.com
+49 (0)7541-90 4350


DGAP 28.02.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       Tognum AG
              Maybachplatz 1
              88045 Friedrichshafen
              Deutschland
Phone:        +49 (0)7541 90 3318
Fax:          +49 (0)7541 90 90 3318
E-mail:       ir@tognum.com
Internet:     http://www.tognum.de
ISIN:         DE000A0N4P43
WKN:          A0N4P4
Indices:      MDAX, CDAX, Classic All Share, Prime All Share
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service
---------------------------------------------------------------------------