ALTANA at a glance

“ Thanks to the excellent position of our divisions in demanding, growing and global markets, the chemicals business is characterized by a particularly dynamic growth with sustained high profitability. It is not very susceptible to influences from currency relations, raw material price developments, or the development of individual industries or regions, and it is not very capital-intensive. As a result, investors expecting strong value growth with a moderate risk profile, will take a special interest in our share.”

Dr. Matthias L. Wolfgruber, President and CEO ALTANA AG

Key figures at a glance1
	2007	2006	Δ %
in € million
Sales	1,380.4	1,294.3	7
Earnings before interest, taxes, depreciation and amortization (EBITDA)	248.5	186.2	33
EBITDA margin	18.0%	14.4%
Operating income (EBIT)	166.6	99.4	68
EBIT margin	12.1%	7.7%
Earnings before taxes (EBT)	214.3	93.2	> 100
EBT margin	15.5%	7.2%
New income (EAT)	138.4	56.8	> 100
EAT margin	10.0%	4.4%
Earnings per share (EPS) (in €)	1.01	0.41	> 100
Research and development expenses	67.4	67.7	0
Capital expenditure on property, plant and equipment and intangible assets	91.4	74.8	22
Cash flow from operating activities	169.4	101.4	67
	At Dec. 31, 2007	At Dec. 31, 2006	Δ %
in € million
Total assets	1,724.8	6,340.3	-73
Shareholders' equity	1,139.4	5,758.9	-80
Shares outstanding (in thousands)	135,987	135,987	-
Net dept (-)/Net financial assets (+)2	(108.5)	4,568,1	n/a
Headcount	4,646	4,484	4
	2007 3	2006
Xetra, in €
Closing price ALTANA share	16.65	47.00
High	55.89	51.65
Low	14.57	42.46
Trading volume (Ø, in thousands per trading day)	1,871	799
Market capitalization (in € million, Dec. 31)	2,338	6,599
in €	2007	2006
Dividend, total	0.51	34.80
thereof regular dividend	0.25	1.30
thereof special and bonus dividends	0.26	33.50
1 The figures refer to the continuing operations 2 Net debt/net financial assets comprise cash and cash equivalents, marketable securities, debt, and employee benefit obligations 3 Limited comparability between high and low share price due to the dividind payment (of € 34.80 per share in total) in may 2007