Balda AG

EANS-News: Balda AG
Balda AG adjusts forecast for the 2011 financial year


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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Company Information


Bad Oeynhausen (euro adhoc) - Bad Oeynhausen, 21 December 2011 - The Frankfurt
SDax listed company Balda AG is expecting a slightly negative Group EBIT in the
2011 financial year. The EBIT will, contrary to the planning, not close 2011
with a slight profit. 

Write-downs that will be made in the annual financial statements will above all
result in a negative EBIT. Taking into account these unplanned special effects,
a negative EBIT in the low single-digit millions is expected.



Company profile of Balda AG 
The Balda Group develops and produces complete plastic assemblies, electronic
products and products for the medical technology industry. Balda´s customers are
leading companies in the pharmaceutical, medical technology, consumer
electronics electronic communications and mobile phone markets. The Group is
internationally positioned with production sites in Germany and Malaysia. A
subsidiary in the USA operates in product design and development. Within the
scope of its shareholding in a leading touchscreen manufacturer in China, Balda
is participating in the dynamic development of the touchscreen displays market.

This corporate news announcement contains forward-looking statements, which are
based on the current expectations of Balda´s management. They therefore contain
a range of risks and uncertainties because they relate to future events and
depend on circumstances that will occur in the future, such as, for example,
developments in the mobile communications industry, changes in technology and
the ability to timely and successfully develop new products and various other
factors. Balda will neither revise these forward-looking statements nor correct
them in the event of any unexpected development, unless there is a legal
obligation to do so.

This corporate news announcement represents neither an offer to buy shares nor
an invitation to submit an offer to buy shares in the United States or any other
country. The shares in Balda AG (the "shares") may not be offered or sold in the
United States or to or for the account of U.S. persons (as defined in Regulation
S of the U.S. Securities Act of 1933, in its current version (the "Securities
Act")), unless they are registered or are exempt from registration under the
Securities Act. The shares have not been and will not be registered under the
Securities Act.


Further inquiry note:
Clas Röhl
Tel.: +49 (0) 5734 922-2728
croehl@balda.de

end of announcement                               euro adhoc 
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company:     Balda AG
             Bergkirchener Str.  228 
             D-32549 Bad Oeynhausen
phone:       +49 (0) 5734 9 22-0
FAX:         +49 (0) 5734  922-2747
mail:     info@balda.de
WWW:      http://www.balda.de
sector:      Semiconductors & active components
ISIN:        DE0005215107
indexes:     CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English
 

 

 



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