Ahlers AG / Half Year Results 15.07.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc-release pursuant to sec. 15 WpHG Ahlers AG, Herford ISIN DE0005009708 and ISIN DE0005009732 Ahlers first-half sales and earnings according to plan. Sales growth expected to slow down in second half of the year. 2007/2008 net result will be below the previous years level. Primarily on the back of strong 20 % growth in its premium segment the Ahlers Group boosted its sales revenues from EUR 121.3 million to EUR 129.6 million (+7 percent) in the first half of the fiscal year. All premium brands - pierre cardin, Baldessarini and Otto Kern - grew dynamically. Due to the planned sales growth, the operating result before effects related to prior periods increased by 82 percent. Group profit after tax declined from EUR 3.3 million to EUR 1.7 million, reflecting numerous positive special effects in the previous year such as the release of provisions, a high positive financial result following the sale of eterna and the capitalisation of tax assets. In view of the deterioration in the economic environment, the Ahlers Group expects sales growth to slow down in the second half of 2008. Managements aim for the second half of the year is to generate earnings after tax in a similar amount as in the previous year (EUR 6.4 million in H2 2006/07). The Management Board had originally expected sales to grow evenly in both half-years and projected stable net earnings in spite of the positive special effects of the previous year. Herford, July 15, 2008 The Management Board Ahlers AG Elverdisser Str. 313 32052 Herford DGAP 15.07.2008 --------------------------------------------------------------------------- Language: English Issuer: Ahlers AG Elverdisser Straße 313 32052 Herford Deutschland Phone: +49 (0)5221 979-0 Fax: +49 (0)5221 725 38 E-mail: ahlers-ag@ahlers-ag.com Internet: www.ahlers-ag.com ISIN: DE0005009708, DE0005009732 WKN: 500970, 500973 Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Berlin, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Ahlers first-half sales and earnings according to plan. Sales growth expected to slow down in second half of the year. 2007/2008 net result will be below the previous years level.
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