Miba Aktiengesellschaft

EANS-Adhoc: Miba Aktiengesellschaft
Quarters 1-3, 2013-2014: Miba once again reaches prior-year levels

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Financial Figures/Balance Sheet/quarterly report

Laakirchen, December 4, 2013. In terms of group revenue and profit, the Upper
Austrian technology group Miba AG, listed in the standard market auction segment
of Wiener Börse AG, once again nearly reached prior-year levels in the first
three quarters of 2013-2014 (February 1 to October 31) despite more difficult
market conditions than in the prior-year comparative period. 

Consolidated revenue amounted to EUR 460.0 million, which equates to a minimal
reduction of only 0.4 percent compared to the first three quarters of 2012-2013.
EBIT (earnings before interest and tax) amounted to EUR 54.1 million and was
thus also only slightly below the prior-year comparative (EUR 54.2 million). 

As of the October 31, 2013, reporting date, Miba employed 4,618 members of staff
globally (including agency staff), and thus 206 employees more than in the
previous year. Increases in staff numbers occurred mainly in Slovakia, the USA
and China. Currently, Miba is training 169 apprentices at its sites in Austria
and Slovakia - the highest number ever in the history of Miba apprenticeship

In the first nine months of the fiscal year, Miba invested almost EUR 37.3
million globally (previous year: EUR 40 million) in the expansion of capacity
and in measures to improve productivity, despite continuing short-term
uncertainties concerning the development of demand. Capital expenditure volumes
for the whole year should at least be at or around the same level as in the
previous year (EUR 51 million). 

While developments in some sales markets over the next few months continue to be
difficult to predict, other sectors are showing signs of stabilizing as well as
slight increases since the third quarter, which should also continue in the
fourth quarter. Miba is therefore assuming that it will be able to end the whole
year (February 1 to January 31) at or around the level of the previous year.

end of ad-hoc-announcement
The Miba Group
Miba AG, which is a listed company (WKN 872002), is one of Austria's leading
industrial and technology companies. Formed in Laakirchen in Upper Austria in
1927, the high-tech group today develops and manufactures its products at more
than 20 sites in eleven countries.
Miba products can be found in the passenger vehicles, trucks, construction
equipment, trains, ships, aircraft and power plants made or built by the
respective leading global manufacturers. The Company specializes in engine
bearings, friction materials, sintered components and coatings. In addition,
Miba manufactures passive electronic components such as resistors and cooling
systems which are needed, among other things, in power transmission systems.
Moreover, the Company develops and manufactures special machinery for
high-precision machining of large components.
Miba employs more than 4,600 members of staff, half of which are based in
Austria. Revenue in fiscal year 2012-2013 amounted to EUR 606.6 million, while
earnings before interest and tax (EBIT) were 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

MMag. Markus Hofer
Vice President Corporate Finance
Tel.: +43/7613/2541-1138

end of announcement                               euro adhoc 

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

Weitere Meldungen: Miba Aktiengesellschaft

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