Advanced Inflight Alliance AG / Half Year Results/Half Year Results 22.08.2008 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 § 15 Wertpapierhandelsgesetz [German Securities Trading Act] Advanced Inflight Alliance AG announces preliminary half-year figures: - Continued sales and earnings growth Munich, Germany, 22 August 2008 Advanced Inflight Alliance AG (ISIN DE0001262186, German SIN (WKN) 126218, domiciled at: Schellingstr. 35, D-80799 Munich) today announced significant growth in both sales and earnings for the first six months of 2008. The Advanced Inflight Alliance Group posted sales of EUR 50.3 million in the first six months of 2008, up from EUR 42.2 million the previous half year. The increase is due to the first-time consolidation of the Group's new subsidiary DTI Software Inc., Montreal, Canada, as well as the establishment of business relations with a major US airline on 1st February 2008. EBITDA (earnings before interest, taxes, depreciation and amortization) in the reporting period was EUR 5,064 thousand (previous half year: EUR 3,009 thousand), reflecting in particular the latest acquisition's positive impact on earnings. Comparison with the previous year is possible only to a limited extent since the company as of the 2008 financial year is including net finance income and not just interest expense in calculating its EBITDA. Earnings before interest and taxes (EBIT) in the first half of 2008 totalled EUR 3,633 thousand (previous half year: EUR 1,479 thousand). EBIT comparison with the previous year also is limited due to the reasons stated above. Net profit for the first six months of 2008 increased to EUR 2,574 thousand (previous half year: EUR 939 thousand) in spite of a higher tax rate. Earnings per share as of June 30, 2008, were EUR 0.16, up from EUR 0.06 the previous half year. The detailed half-yearly report will be available for download at www.advanced-inflight-alliance.com on 29th of August 2008. Key figures according to IFRS, in EUR thousand <pre> in EUR thousand Jan. 1 - June Jan. 1 - June 30, 2008 30, 2007 Revenue 50,286 42,170 EBITDA 5,064 3,009 EBIT 3,633 1,479 Net finance income - 410 179 EBT 3,222 1,128 Consolidated net profit for the period 2,574 939 (after minority interest) Earnings per share in EUR basic / 0.16 0.06 diluted Number of employees (closing date) 340 205</pre> The final financial figures for the first half of 2008 may slightly deviate from the preliminary figures announced today. Advanced Inflight Alliance AG The Management Board DGAP 22.08.2008 --------------------------------------------------------------------------- Language: English Issuer: Advanced Inflight Alliance AG Schellingstr. 35 80799 München Deutschland Phone: +49 (0)89 613805-0 Fax: +49 (0)89 613805-55 E-mail: info@aialliance.com Internet: www.advanced-inflight-alliance.com ISIN: DE0001262186 WKN: 126218 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Advanced Inflight Alliance AG announces preliminary half-year figures:
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