Miba Aktiengesellschaft

EANS-Adhoc: Miba Aktiengesellschaft
1st Half-Year 2012-2013: Sales Increase for Miba


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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
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07.09.2012

Laakirchen, September 7, 2012. The strategic partner to the international
engine and automotive industry Miba AG, listed in the standard market auction
segment of Wiener Börse AG, reports a strong first half-year 2012-2013
(February 1 to July 31) despite challenging market environment. Consolidated
sales rose in comparison to same period last year by 13.7 percent to
EUR 319.9 million. Earnings before interest and taxes equaled EUR 36.6 million.

Earnings before interest and taxes (EBIT) totaled EUR 36.6 million (previous
year: EUR 28.5 million). The markedly improved quality of earnings is
attributed to the successful integration of the acquisitions of the past
two business years and to the measures to alleviate capacity bottlenecks.

In the first six months of the business year, Miba invested almost
EUR 29.5 million (previous year: EUR 22.4 million). The majority of the
investment funds were placed in expansions to production capacity at the
Austrian plants. Miba invested more than EUR 10million at its sites in
Slovakia, the USA and China. Once again, the Group financed these investments
entirely out of cash flow from operations amounting to EUR 46.8 million
(previous year: EUR 22.7 million), and thus through its own financial power.

As of the July 31, 2012 reporting date, Miba employed just under
4,500 employees worldwide (including leased employees), and thus almost
500 more employees than one year before.

Miba consistently pursues its strategy of targeted investment in international
growth markets and strategic business areas, so that it can largely secure its
independence from geographic and industry-related developments in the future as
well. The strategic focus is on the consistent further development of the
fourth division, New Technologies Group, and on the expansion of local
production in the USA and China.

end of ad-hoc-announcement
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Miba is an international group that produces technologically advanced and highly
resilient power train components. Miba technology and longtime experience make
vehicles, trains, ships, airplanes and power stations more powerful, efficient
and environmentally friendly. Miba has around 4,000 employees, more than half of
whom work at the Austrian sites. In the 2011-12 business year, sales of the
listed company amounted to EUR 592.6 million with earnings before interests and
taxes (EBIT) of EUR 67.0 million.

Further inquiry note:
Mag. Valerie Weixlbaumer-Pekari
External Communications Manager / Investor Relations
Tel.: +43/7613/2541-1119
mailto: valerie.weixlbaumer@miba.com

Investoren/Analysten
MMag. Markus Hofer
Vice President Corporate Finance
Tel.: +43/7613/2541-1138
mailto:markus.hofer@miba.com

end of announcement                               euro adhoc 
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issuer:      Miba Aktiengesellschaft
             Dr.Mitterbauer-Straße 3
             A-4663 Laakirchen
phone:       07613/2541-0
FAX:         07613/2541-1010
mail:     info@miba.com
WWW:      www.miba.com
sector:      Industrial Components
ISIN:        AT0000734835
indexes:     Standard Market Auction
stockmarkets: official market: Wien 
language:   English
 

 

 



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