euro adhoc: ATB Austria Antriebstechnik AG / quarterly or semiannual financial statement / ATB Austria Antriebstechnik AG announces results for first quarter of 2007

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15.05.2007

Following last year's restructuring and consolidation exercises
and the integration of new subsidiaries, during the first
quarter of the current financial year Vienna listed ATB Austria
Antriebstechnik AG (AT0000617832) succeeded in capitalising on the
good economic conditions on its main markets to post big
improvements in revenue, order intake and order backlog.

Strong gains in revenue and orders The ATB Group recorded a 69.2%
surge in revenue to EUR 103.5 million (m) (Q1 2006: EUR 61.2m),
driven by organic growth and consolidation of the Lindeteves-
Jacoberg (LJ) Group, in which a majority was acquired in May 2006.
The revenue contribution from the Serial Motors business unit 06:
was EUR 56.6m (Q1 2006: 31.2m) or 55% of the total. The Project
Motors business accounted for EUR 24.6m (Q1 06: 2006: 9.3m) or
24% of revenue, while the Home appliances business generated a
further EUR 21.5m (Q1 06: EUR 19.3m) or 20%, and the New
Businesses unit EUR 0.8m (Q1 06: 2006: EUR 1.4m) or about 1% of the
total.

The ATB Group has been radically restructured this year to adjust
to ongoing expansion, and group companies have been reassigned among
the various business units. The latter were renamed during the
third quarter of 2006 when the former Industrial Motors business
became Serial Motors, the Explosion-proof Motors business was
renamed Project Motors, and the previous House and Garden and ATB
Technologies GmbH units were rechristened Home Appliances and New
Businesses, respectively. Due to reorganisation the business units'
revenue performance is not fully comparable with the like period of
2006.

The strong market shares that the ATB Group has claimed on
international markets were also reflected in sharp increases in
order intake and backlog. Order intake was up by 86.3% to EUR
128.1m (Q1 2006: EUR 68.8m), and all the group's subsidiaries
performed in accordance with expectations. Order backlog more than
doubled to stand at EUR 102.3m on 31 March 2007,
guaranteeing excellent capacity utilisation for some time to come.

EBITDA and EBIT more than doubled As in 2006, the ATB Group's
earnings were impacted by - in some cases massive - material price
increases. Profitability improved despite these difficult
trading conditions.

Earnings before interest, tax, depreciation and amortisation (EBITDA)
more than doubled, from EUR 3.2m to EUR 7.2m in the first three
months of 2007 (gain of 126.2%), and earnings before interest and
tax (EBIT) were also up by over 100%, from EUR 1.3m to EUR 2.9m.
Like-for-like EBIT, excluding EUR 1.8m in personnel reduction
charges arising from restructuring at ATB Sever, was a still
more impressive EUR 4.6m. Earnings before tax (EBT) worsened by EUR
2.7m to turn negative by EUR 1.9m, due to the LJ Group acquisition
which weighed on finance cost.

Outlook for 2006 as a whole "The successful integration of the
acquisitions and the majority stake in the LJ Group are the latest
milestones in the ATB success story. We will be pressing
ahead fast with the ongoing integration of LJ over the next
few months. Due to the related drive to break into new markets in
the Far East, the UK, Central and Eastern Europe, and Australia,
we are confident that we will hit our revenue and earnings
targets for financial 2007," said ATB Austria Antriebstechnik CEO
Christian Schmidt, who expressed optimism about prospects for
continued growth.

The detailed report on the first quarter of 2007 is posted on
http://www.atb- motors.com.

Disclaimer

This announcement contains forward looking statements which are
subject to risks and uncertainties. These statements employ
expressions such as "believes", "is of the opinion that",
"assumes", "plans" and "anticipates", and reflect management's views
and expectations. These forward looking statements are made
subject to certain risks and uncertainties, which could cause
actual results to differ materially from those presented in these
forward looking statements. Readers are cautioned not to place undue
reliance on these forward looking statements. This announcement
should not be construed as legal, tax or investment advice.

end of announcement euro adhoc 15.05.2007 07:30:00
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ots Originaltext: ATB Austria Antriebstechnik AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Pressestelle A-TEC Industries AG
Mag. Claudia Müller-Stralz
Pleon Publico Public Relations & Lobbying
Tel: +43-1-71786-107
E-Mail: claudia.mueller@pleon-publico.at

Branche: Technology
ISIN: AT0000617832
WKN:
Börsen: Wiener Börse AG / official market