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CROSS Industries AG
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Results of the Business Year 2006/07
24.01.2008 - • Revenues: EUR 744 million (+21% versus previous business year) • EBIT: EUR 47 million (+24% versus previous business year) • More than 3,700 employees as of September 30th, 2007

Wels: In the past business year, CROSS Industries AG has considerably expanded its range of investments. Besides majority in KTM Power Sports AG and Eternit-Werke Ludwig Hatschek AG, the CROSS-group holds majority interests in Pankl Racing Systems AG, Austria Email Aktiengesellschaft, WETHJE Carbon Composites, Kästle GmbH as well as Unternehmens Invest AG.
 
The CROSS-group achieved revenues of EUR 744 million and an EBIT of EUR 47 million with 3,787 employees as of September 30th, 2007. The balance sheet total amounted to EUR 989 million, thereof equity EUR 425 million, as of balance sheet date. Accordingly, the equity ratio amounted to 43%.
 
 
Key Figures IFRS (EUR million)
  
                                            BY 2005/06               BY 2006/07
Revenues                                    613                       744
EBITDA                                         60                         82
EBIT                                             38                         47
Net profit of the year                      26                         51
Balance sheet total                      668                        989
Equity                                         267                        425
EBITDA-margin                            10%                       11%
EBIT-margin                                 6%                         6%
Employees (as of Sept. 30th)     2.235                      3.787
 
 
The Annual Financial Report for the business year 2006/07 can be found and downloaded from the website of the company, www.crossindustries.at under Company > Reports.
 
 
Further Assistance:
CROSS Industries AG, Michaela Friepess, Bauernstrasse 9, A-4600 Wels
Tel: +43-7242-69402, Fax: +43-7242-69402-109, Email: info@crossindustries.at
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