DGAP-Adhoc: Alphaform AG: With half year results 2008


Alphaform AG / Half Year Results

30.07.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Feldkirchen, 30 July 2008 

We have been able to compensate our expected negative implications of the
F1-business in our revenues. However, it was not able yet to compensate the
corresponding margins completely.

- At €5,495,000, revenues in the second quarter of 2008 are up 7.7% on the
corresponding prior-year figure of €5,104,000. Revenues for the period from
1 January to 30 June improve by €391,000 or 5.1%, from €10,242,000 in 2007
to €10,769,000 in 2008.

- The Group’s booked business amounts to €1.4 million as of 30 June 2008
(previous year: €1.7 million).

- EBITDA decrease from €880,000 in the second quarter of 2007 to €503,000
in the second quarter of 2008. In the period from 1 January to 30 June
EBITDA decrease from €1,550,000 in 2007 to €1,075,000 in 2008.

- Consolidated net income after interest and taxes decline year-on-year by
€254,000, from €529,000 in the second quarter of 2007 to €275,000 in the
second quarter of 2008. For the period from 1 January to 30 June,
consolidated net income after interest and taxes decline by €309,000, from
€911,000 in 2007 to €602.000 in 2008.

- Net cash from operating activities for the first six months of 2008
amounts to minus €665,000 – higher revenues at the end of the second
quarter are leading to higher trade receivables with parallel reduction of
trade liabilities – compared to a slight positive Cash Flow of €36,000 in
the first six months of 2007.

- The number of employees on the reporting date 30 June 2008 was 146
(previous year: 131 employees).

Starting with the 3rd quarter 2008 the business development of the last
weeks has been confirmed. The scope of F1-business still does not meet our
expectations. We are confident to compensate this impact by the established
counter measures to a high degree.

The entire interim report on Q2 2008 will be published on 13 August 2008
and will be available on our website www.alphaform.de - rubric IR/Reports.

Alphaform AG 
Investor Relations
Tel.: 089-90 500 235
Fax: 089-90 500 219
e-Mail: ir@alphaform.de
DGAP 30.07.2008 
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Language:     English
Issuer:       Alphaform AG
              Kapellenstraße 10
              85622 Feldkirchen
              Deutschland
Phone:        +49 (0)89 905002 - 0
Fax:          +49 (0)89 905002 - 90
E-mail:       ir@alphaform.de
Internet:     www.alphaform.de
ISIN:         DE0005487953
WKN:          548795
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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