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Binder+Co Aktiengesellschaft

euro adhoc: Binder+Co Aktiengesellschaft
quarterly or semiannual financial statement
Positive development maintained - Binder+Co 3rd quarter sales 33% up on the previous year

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
9-month report
19.11.2007
Gleisdorf, November 19, 2007. In the third quarter, Binder+Co 
maintained the momentum of its positive development. In particular, 
the markets in Western and Eastern Europe showed high levels of 
dynamism, which had a positive effect on the company´s individual 
product segments.
Marked rise in sales and the result In the first nine months of the 
year, sales were well up on those of the preceding year at EUR 37.57 
million (+33% as compared to Q1-Q3/2006). The decisive factor in this
notable rise was the order intake of several major plant projects in 
all three product segments. With EUR 19.76 million, the Processing 
Technology Segment again provided the bulk of sales (52.6%). The 
Packaging Technology Segment also saw the clearing of several machine
and system projects in the period under review, which led to a total 
sales volume of EUR 9.99 million. Sales of Environmental Technology 
Segment reached EUR 7.82 million and were down on the level of the 
previous year.
On the basis of this positive sales trend, as compared to the 
corresponding period of the previous year, Binder+Co was able to 
roughly double its EBIT from EUR 1.45 million to EUR 2.55 million. 
The largest contribution to this figure derived from the Processing 
Technology Segment with EUR 2.69 million, followed by Packaging 
Technology with EUR 0.11 million. By contrast, due to the clearing of
reference projects with lower profitability levels, EBIT in the 
Environmental Technology Segment remained somewhat below the value of
the previous year at minus EUR 0.25 million. However, these projects 
have led to the opening up of important markets and customer 
segments.
Cash flow from operating activities in the period under review 
amounted to EUR 0.86 million and was therefore also well above the 
level of the first nine months of 2006 (EUR 0.03 million).
Strong international sales During the period under review, foreign 
sales amounted to 82% (Q1-Q3/2006: 80%) of total sales. Europe 
(Western and Eastern Europe, excluding Austria) continued to be the 
main market with a share of 66%. The positive economic climate in the
West and increasing order intakes from CEE  markets had a major 
effect on the orders situation. Indeed, total order intake amounted 
to EUR 40.45 million, which was EUR 9.35 million, or 40%, up on the 
figure for the previous year. Order intake in the Processing 
Technology Segment was mainly characterised by contracts for single 
machines and totalled EUR 19.21 million. Order intake in the 
Environmental Technology Segment attained a volume of EUR 11.75 
million and to date, 2007 order intake was also very dynamic in the 
Packaging Technology Segment, where by the end of September, new 
projects worth EUR 9.49 million had been captured.
Outlook On the basis of the positive performance in the first three 
quarters, the Binder+Co management anticipates that overall sales and
EBIT for the 2007 financial year will be above the 2006 level. In 
order to ensure that this trend continues in future, the company is 
pushing forward the rapid realisation of current development 
projects, the further expansion of the sales network in the CEE 
region and continuous increases in productivity at the Gleisdorf 
location.
Steady price trend for the Binder+Co share During the period under 
review, the price of the Binder+Co AG share, which since May 2007 has
been listed on the newly created mid market segment of the Vienna 
Stock Exchange, showed a positive trend. On the basis of a price of 
EUR 10.30 at the beginning of 2007, on September 30, the share stood 
at EUR 11.75 (+14.0%).
Binder+Co Binder+Co AG specialises in processing, environmental and 
packaging technology and is the world market leader in the field of 
screening technology (for problematic materials) and glass recycling.
The company has been listed on the Vienna Stock Exchange since the 
end of 2006 and in the meantime has been admitted to regulated free 
trading in the newly created mid market segment. With an average of 
208 employees, in 2006 Binder+Co achieved sales of EUR 42.7 million 
and hence EBIT of EUR 3,9 million. Accordingly, ROSEBIT amounted to 
9.1%.
end of announcement                               euro adhoc 19.11.2007 09:00:46

Further inquiry note:

Dr. Karl Grabner, Member of the Board
Tel.: 03112/800-363

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

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