Miba Aktiengesellschaft

EANS-Adhoc: Miba Aktiengesellschaft
Miba's annual results for 2012-2013: increase in sales and earnings

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Financial Figures/Balance Sheet
08.05.2013


Miba's annual results for 2012-2013: increase in sales and earnings

Laakirchen, Austria, May 8, 2013: Miba AG, a strategic partner to the
international engine and automotive industry which is listed on the Vienna
Stock Exchange in the standard market auction segment, increased its
consolidated sales by 2.4 percent to EUR 606.6 million in the past business
year (February 1, 2012 to January 31, 2013) from the previous year's level of
EUR 592.6 million. Earnings before interest and taxes (EBIT) rose by 4.2
percent to EUR 69.9 million from the previous year's level of EUR 67.0 million.

The Miba Sinter Group generated the largest share of consolidated sales at
nearly 35 percent, followed by the Miba Bearing Group with a 33 percent share.
The Miba Friction Group contributed roughly 22 percent of consolidated sales.
Just under eight percent came from the New Technologies Group, and the
remaining two percent from the Miba Coating Group.

A solid capital and financial structure
The equity ratio remains at the high level of 52.6 percent (previous year: 54.6
percent), which reflects Miba's solid capital and financial structure and
ensures its financial independence. Cash flow from operations totaled EUR 114.3
million (previous year: EUR 48.3 million), with Miba once again fully financing
its investments in fixed assets through the Group's own capital resources.
These investments totaled EUR 51.0 million (previous year: EUR 47.3 million)
and went to expanding the capacity of the sites in Austria, Slovakia, China and
the USA.

4,386 employees
As of January 31, 2013, Miba had 4,386 employees (including leased employees)
at more than 20 sites worldwide. This figure represents an increase of 87
employees over the previous year. At the same time, in the past year the Group
permanently took on many previously leased employees.

Outlook: growth in China and the USA
Despite the International Monetary Fund's cautiously positive outlook for
forecasted global economic growth of 3.5 percent, it is difficult to predict
how Miba's target markets will develop. The restrained development of the
second half-year 2012-13 continued in the first months of 2013-2014, and Miba
cannot safely assume that growth will continue throughout the 2013-2014 business
year. In the longer term, however, the Group expects a
noticeable recovery, especially in China and the USA.


Overview of key figures


|                                  |2012-2013   |2011-2012   |
|Sales (in EUR million)            |606.6       |592.6       |
|EBIT (in EUR million)             |69.9        |67.0        |
|Investment in fixed assets (in EUR|51.0        |47.3        |
|million)                          |            |            |
|Investment in R&D (in EUR million)|28.2        |31.3        |
|Employees (excluding leased       |4,153       |3,927       |
|employees) (reporting date 1/31)  |            |            |
|Employees (including leased       |4,386       |4,299       |
|employees) (reporting date 1/31)  |            |            |

The 2012-2013 Miba Annual Report will be published at
http://www.miba.com/Investor_Relations-Annual_Reports,107,en.html at the end of

May.

end of ad-hoc-announcement
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Miba AG, a listed company (WKN 872002), is one of Austria's leading industrial
and technology companies. Founded in Laakirchen, Upper Austria, in 1927, the
high-tech Group now develops and manufactures products at more than 20 sites in
eleven countries.
Miba products can be found in the passenger vehicles, trucks, construction
machinery, trains, ships, airplanes and power plants of the world's leading
manufacturers in these areas. The Group specializes in engine bearings, friction
materials, sintered components and coatings. Miba also produces passive
electronic components such as resistors and thermal solutions, which are needed
for energy transmission systems, among other uses. Beyond this, the Group
develops and produces special machinery for the precise mechanical processing of
large components. 
Miba has more than 4,300 employees, half of them in Austria. Sales for the
2012-2013 business year totaled EUR 606.6 million, with earnings before interest
and taxes (EBIT) of EUR 69.9 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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