THYSSENKRUPP – CONTINUED GROWTH COURSE

ThyssenKrupp performed successfully again in the 3rd quarter 2005/2006. Demand for our products and services increased in a generally favorable market environment. Sales improved by 8% from the prior-year quarter to €12.1 billion. The Group's pre-tax income from continuing operations increased to €806 million from €577 million in the prior-year period.

The highlights for the 3rd quarter 2005/2006 were as follows:

  • Order intake from continuing operations increased to €12.4 billion, up 18% from a year earlier.
  • Sales rose by 8% to €12.1 billion.
  • EBITDA reached €1,290 million, exceeding the prior-year figure of €1,013 million.
  • Income from continuing operations before taxes improved to €806 million from €577 million in the prior-year quarter.
  • Earnings per share from continuing operations reached €0.87, compared with €0.66 in the 3rd quarter of the previous year.
  • Net financial liabilities were completely eliminated in the 3rd quarter 2005/2006. At June 30, 2006 net financial receivables amounted to €496 million. The Group’s financial situation has thus improved by €673 million compared with September 30, 2005 and by €2,321 million compared with June 30, 2005.

We expect the generally positive business performance to continue in the further course of the year. For fiscal year 2005/2006 we currently plan sales of €46 billion. Based on the very good performance in the first nine months of fiscal 2005/2006, for the full year we now aim to achieve earnings before taxes – excluding major nonrecurring effects – of around €2.5 billion.