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Balda AG

EANS-Adhoc: Balda AG revises forecast for 2010

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
Company Information
15.10.2010
Balda AG revises forecast for 2010
Planned EBIT of about 2.5 million euros is significantly undercut
Pre-tax profit (EBT) is positive
Bad Oeynhausen, 15 October 2010 - Balda AG, listed on the SDax of the
Frankfurt Stock Exchange, has revised its forecast for the business 
year 2010 based on the preliminary results of the third quarter of 
2010. The plastic systems specialist is not expected to achieve the 
forecasted figures in turnover and operating profit in this business 
year although revenues will still reach the lower range of the 
planned 10 to 15 percent increase. However, the Balda Group will fall
clearly short of the forecasted operating profit (EBIT) of about 2.5 
million euros. The EBIT is likely to be negative in the single-digit 
range. In contrast, profit before tax (EBT) will be positive mainly 
due to the disclosed earnings contributions of TPK.
Responsibility for the low sales growth and the reduced forecast of 
the operating result, as already emphasized by the company in the 
half-year report of 2010, lies with the continued pressure on margins
and the reduction of the scheduled customer orders until year-end 
2010 in the MobileCom business in China. New orders from new 
customers, such as Samsung, for the mass production of plastic 
systems in the MobileCom business will essentially not have an impact
on revenues until the fiscal year 2011.
***
Company Profile Balda AG
The Balda Group develops and produces complete plastic assemblies, 
electronic products and products for the medical industry. The 
customers of Balda are leaders in business from the mobile, 
entertainment and electronic communications as well as pharmaceutical
and medical technology markets. The group has an international 
position with product sites in China, Malaysia and Germany. A 
subsidiary in the United States serves North American customers in 
product design and development. As part of a shareholding in a 
leading manufacturer of touch screens in China, Balda participates in
the dynamic touch screen displays market.
* * *
For further questions please contact: Balda AG, Clas Röhl, Phone: +49
(0)5734 922 2728, Fax: +49 (0)5734 922 2604. Email:  croehl@balda.de, 
Internet: www.balda.de
* * *
This ad hoc announcement includes "forward-looking statements" which 
are based on the current expectations of the management of Balda. 
They are subject to risks and uncertainty because they relate to 
events and depend on circumstances that will occur in the future, 
such as, for example, developments in the mobile communications 
industry, changes in technology and the ability to timely and 
successfully develop new products and various other factors. Balda 
does not undertake any obligation to update publicly or revise 
forwardlooking statements except to the extent legally required. This
ad hoc announcement is not an offer of securities for sale or a 
solicitation of an offer to purchase securities in the United States 
or elsewhere. The shares in Balda AG (the "Shares") may not be 
offered or sold in the United States or to or for the account or 
benefit of U.S. persons (as such term is defined in Regulation S 
under the U.S. Securities Act of 1933, as amended (the "Securities 
Act")) unless registered under the Securities Act or pursuant to an 
exemption from such registration. The Shares have not been and will 
not be registered under the Securities Act.
end of announcement                               euro adhoc

Further inquiry note:

Clas Röhl
Tel.: +49 (0) 5734 922-2728
croehl@balda.de

Branche: Semiconductors & active components
ISIN: DE0005215107
WKN: 521510
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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