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09.02.2009 – 10:19

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


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

ots Originaltext: Binder+Co Aktiengesellschaft
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Further inquiry note:
Karl Grabner
Tel.: +43 (0) 3112/800-363

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

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