EANS-Adhoc: Miba Aktiengesellschaft
1st to 3rd Quarter 2012-2013: Miba
Delivers Solid Performance Despite Challenging Market Environment
07.12.2012 – 09:55
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Financial Figures/Balance Sheet/quarterly report 07.12.2012 Laakirchen, December 7, 2012. The strategic partner to the international engine and automotive industry Miba AG, listed in the standard market auction segment of Wiener Börse AG, delivered a solid performance in the first three quarters of 2012-2013 (February 1 to October 31). When compared to the same period last year, consolidated sales rose by 7.5 percent to EUR 461.9 million, and EBIT (earnings before interest and taxes) advanced 7.9 percent to EUR 54.2 million. In the first nine months of the business year, Miba invested almost EUR 40.0 million (previous year: EUR 34.4 million). Roughly half of the investments were directed to Miba's locations abroad. Even in a challenging market environment, Miba benefits from its extensive product portfolio and its global network. The broad positioning and targeted investments - in strategic business sectors as well as in growth markets - safeguard Miba's competitive edge. With all measures securing its ability to compete, Miba is building upon a robust equity ratio of 49.2 percent, which guarantees Miba's long-term financial independence. As of the October 31, 2012 reporting date, Miba employed 4,185 people (excluding leased employees) worldwide, and thus 330 more employees than the previous year (3,855). Almost two-thirds of the growth in workforce numbers took place at the locations in China, the USA and Slovakia. In Austria, the workforce grew by 116 new employees. Almost all markets of relevance to Miba are affected by declines, especially trucks, ships, construction machinery and industrial investment goods. The automotive industry, in which Miba generates approximately one-third of its total sales, continued to develop at a steady overall pace, despite the marked attenuation in Europe. The duration and intensity of the downturn are difficult to estimate. For the 2012-2013 business year as a whole, Miba still expects to be able to keep up with the same level as the previous year. end of ad-hoc-announcement ================================================================================ Miba is an international group that produces technologically advanced and highly resilient power train components. Miba technology and longtime experience make vehicles, trains, ships, airplanes and power stations more powerful, efficient and environmentally friendly. Miba has more than 4,000 employees, more than half of whom work at the Austrian sites. In the 2011-2012 business year, sales of the listed company amounted to EUR 592.6 million with earnings before interests and taxes (EBIT) of EUR 67.0 million. Further inquiry note: Mag. Valerie Weixlbaumer-Pekari External Communications Manager / Investor Relations Tel.: +43/7613/2541-1119 mailto:valerie.weixlbaumer@miba.com Investoren/Analysten MMag. Markus Hofer Vice President Corporate Finance Tel.: +43/7613/2541-1138 mailto:markus.hofer@miba.com 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