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Binder+Co Aktiengesellschaft

euro adhoc: Binder+Co Aktiengesellschaft
Financial Figures/Balance Sheet
As expected, Binder+Co achieves a good result in 2008

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Result 2008
09.02.2009
Gleisdorf, February 9, 2009. As anticipated, Binder+Co AG´s highly 
positive business development of the first nine months of 2008 was 
maintained in the final quarter and as a consequence, the overall 
result for the financial year expired is most satisfactory. The 
company issued this information today, in a deviation from the 
original financial calendar, due to the fact that the consolidated 
financial statements could be completed ahead of schedule.
In 2008, Binder+Co sales amounted to EUR 73.45 million, which represented a
notable increase of 37.4% over the figure for the preceding year (2007: EUR
53.44 million). In addition, at EUR 7.20 million, EBIT was also well up on the
EUR 4.89 million achieved in 2007, and operating cash flow more than doubled to
EUR 8.27 million (2007: EUR 3.20 million).
The background to this continuing good performance was provided by the
conclusion of several large system and plant projects in all product segments
and the successes attained in new CEE and CIS markets.
As awaited, at 40.0%, return on equity (ROEEBIT) in 2008 was clearly higher than
the 34.5% of the previous year, while the equity ratio remained at a
consistently solid level of 38.4% (2007: 44.5%).
In view of these positive business developments, at the Annual 
General Meeting on March 25, 2009, the Management Board will 
recommend a dividend of EUR 0.64 per share for the financial year 
expired. Following share dividends of EUR 0.48 for 2007 and EUR 0.32 
for 2006, this again represents a sizeable increase. The intention is
that the stockholders who have accompanied Binder+Co on its path 
through the past three years should participate to a reasonable 
extent in the company´s steadily growing business success.
The Binder+Co AG Management Board is also continuing to implement the
programme approved by the Annual General Meeting of March 26, 2008, 
for the buy-back of a maximum of 10% of company stock for the planned
stock option programme.
end of announcement                               euro adhoc

Further inquiry note:

Karl Grabner
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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