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euro adhoc: Binder+Co Aktiengesellschaft
Financial Figures/Balance Sheet / Binder+Co figures continue to show sharp increases in Q3/2008

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
9-month report
18.11.2008
Gleisdorf, November 18, 2008. The positive mood in Binder+Co´s 
branches and markets, as well as the excellent order situation, 
enabled the Styria-based machinery manufacturer and plant builder to 
achieve another marked improvement in all its key indicators during 
the third quarter of 2008. Quarterly sales rose to EUR 19.48 million 
(Q3/2007: EUR 13.46 million), EBIT doubled to EUR 2.17 million 
(Q3/2007: EUR 1.10 million) and order intake was also notably higher 
at EUR 20.91 million (Q3/2007: EUR 15.72 million).
Sales rose by 35.8% to EUR 51.03 million In total, Binder+Co was able
to increase its sales for the first three quarters 2008 by 35.8% to 
EUR 51.03 million (Q1-Q3/2007: EUR 37.57 million). The main factor in
this striking growth rate was the clearing of numerous systems 
projects and orders for individual machines during the period under 
review, in tandem with strong spare parts and service sales in all of
the three Processing Technology, Environmental Technology and 
Packaging Technology segments.
EBIT nearly doubled to EUR 4.93 million Binder+Co AG EBIT rose by EUR
2.38 million, or 93.3%, to EUR 4.93 million and was thus virtually 
double that of the comparable period of 2007 (Q1-Q3/2007: EUR 2.55 
million). The main element in this increase, which was 
disproportionately large in comparison with sales, was the clearing 
of single machine and spare parts orders with sizeable margins.
Order intake up by 80.5% at EUR 73.03 million Company order intake in
the first three quarters of 2008 was also outstandingly positive, 
amounting to EUR 73.03 million, or nearly twice the figure for the 
same period of the previous year (Q1-Q3/2007: EUR 40.45 million). At 
the end of September 2008, Binder+Co had an order backlog of EUR 
42.07 million, which was well above the comparable figures for the 
preceding year (December 31, 2007: EUR 20.07 million, September 30, 
2007: EUR 18.90 million) and forms a solid basis for use of capacity 
and sales in the months to come.
Outlook In spite of the generally subdued economic mood, demand in 
Binder+Co´s branches and markets in recent months continued to be 
extremely robust. Against this background and in view of the high 
order backlog of EUR 42.07 million as at September 30, 2008, the 
Binder+Co management expects that sales and EBIT for the year as a 
whole will be well above the levels of 2007. In view of the global 
financial crisis, in 2009 the company will seek to at least maintain 
the 2008 sales and earnings objectives.
Binder+Co share shows moderate losses In line with the general market
trend, during the period under review the price of the Binder+Co AG 
share, which is listed on the Vienna Stock Exchange mid market, 
showed a downward trend, but performed far better than the market as 
a whole. On the basis of a level of EUR 12.79 at the beginning of 
2008, the price fell by around 7.0% in the first nine months of the 
year and as at September 30, 2008, stood at EUR 11.89. In the same 
period, the ATX was down by around 38.6%.
Share buy-back In May 2008, Binder+Co commenced the buy-back of 
shares up to a volume of 10% of share capital, approved by the Annual
General Meeting of Shareholders on March 26, 2008. The repurchased 
shares are intended for issue to Binder+Co AG employees in the course
of a stock option programme and by September 30, 2008, 56,247 shares 
had been purchased at an average price of EUR 11.73.
Binder+Co Binder+Co AG is a specialist in the fields of processing, 
environmental and packaging technology and the world market leader in
the screening and glass recycling segments. The company has been 
listed on the Vienna Stock Exchange since December 2006 and in June 
2007 was admitted to the new mid market segment. It has been 
authorised to participate in regulated free trading since July 2007. 
In 2007, Binder+Co had an average workforce of 214, sales amounting 
to EUR 53.4 million and EBIT of EUR 4.9 million. The company 
therefore had a solid EBIT margin of 9.2%.
end of announcement                               euro adhoc

Further inquiry note:

Karl Grabner, Member of the Board
Tel.: +43 (0) 3112/800-363

Branche: Machine Manufacturing
ISIN: AT000BINDER3
WKN:
Index: mid market
Börsen: Wiener Börse AG / Regulated free trade

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