Mikron Holding AG

DGAP-Adhoc: Mikron Holding AG: Mikron posts higher order intake and good order backlog; Andreas Steiner steps down from the Board of Directors

Mikron Holding AG  / Key word(s): Final Results

23.01.2014 07:00

Release of an ad hoc announcement pursuant to Art. 53 KR

Media release on preliminary volume figures for 2013 financial year

Mikron posts higher order intake and good order backlog; Andreas Steiner
steps down from the Board of Directors

Biel, January 23, 2014, 7:00 a.m. The Mikron Group posted an order intake
of CHF 246.4 million (previous year: CHF 236.3 million, +4%) and net sales
of CHF 241.1 million (previous year: CHF 235.3 million, +2%) for the 2013
financial year. Order backlog increased by 12% to CHF 122.3 million
(previous year: CHF 109.5 million). As already announced at the end of
October 2013, however, the Group's EBIT will be significantly below the
figure for 2012.

Andreas Steiner will not be standing for re-election to the Board of
Directors at the Annual General Meeting on 8 April 2014. The Board of
Directors does not intend to nominate a successor at the present time.

The Mikron Group's sales markets performed very differently in 2013. The
high demand from the medical devices and pharmaceutical industries
contrasted with very low demand from the automotive industry, particularly
in the first half of the year. Overall, Mikron's market performance in 2013
was good, meeting expectations with a 2% increase in net sales. The Mikron
Group even achieved a 12% increase in order backlog at the end of the year.

Mikron's Annual Report, containing the Group's detailed results for 2013,
will be published at the Media and Analyst Conference on 10 March 2014.

Machining segment
Mikron Machining is the leading supplier of customized, highly productive
machining solutions for the manufacturing of complex, high-precision
components made of metal. Customers in the automotive, watchmaking and
writing instruments industries account for the majority of the segment's
net sales.

Faced with persistent low demand and a continuous decline in orders in
hand, the Machining business segment had a difficult first six months. In
the second half of the year, however, the ongoing activities of enhancing
existing and developing new machinery and tools paid off as various new
orders brought about a reversal in this trend. For 2013 as a whole, the
Machining business segment achieved an order intake of CHF 125.8 million
(previous year: CHF 123.6 million, +2%) and net sales of CHF 125.2 million
(previous year: CHF 134.3 million, -7%). The order backlog for the
Machining business segment at the end of 2013 rose 13% to CHF 57.6 million
compared with the end of 2012 (CHF 51.2 million).

Automation segment
Mikron Automation is one of the world's leading manufacturers of
customized, highly productive automation solutions for high-precision
assembly and testing of products up to hand size. The segment operates
primarily in the medical devices, pharmaceuticals, automotive and consumer
goods industries.

Thanks to the good level of demand from the medical devices and
pharmaceutical industries, particularly in the first six months, Mikron
Automation increased its order intake to CHF 121.8 million in 2013
(previous year: CHF 113.0 million, +8%). In contrast, demand from customers
in the automotive industry was disappointing, and order volumes in Asia
were also below expectations. Mikron Automation's net sales rose to CHF
116.8 million (previous year: CHF 101.2 million, +15%) and its order
backlog increased to CHF 65.0 million at the end of the year (previous
year: 58.3 million, +11%).

Preliminary volume figures for 2013 financial year, compared to 2012

                             2013(1)                2012                +/-

CHF million
Order intake                  246.4                236.3                 4%
- Machining                   125.8                123.6                 2%
- Automation                  121.8                113.0                 8%
Net sales                     241.1                235.3                 2%
- Machining                   125.2                134.3                -7%
- Automation                  116.8                101.2                15%
Order backlog                 122.3                109.5                12%
- Machining                    57.6                 51.2                13%
- Automation                   65.0                 58.3                11%

(1) Divisional financial figures before consolidation


Information and Explaination of the Issuer to this News:

Brief profile of the Mikron Group
The Mikron Group markets machining and automation solutions, enabling
customers around the world to master their precision manufacturing
processes. Rooted in a culture of Swiss innovation, Mikron is a leading
supplier to the automotive, medical devices, pharmaceutical, consumer
goods, writing instruments and watch-making industries. The two divisions,
Mikron Automation and Mikron Machining, are based in Boudry and Agno,
Switzerland, with additional production facilities in Germany, Singapore,
China and the United States. The Mikron Group employs approximately 1100
people who work to provide Mikron customers with an experience that
reflects over 100 years of leadership in high-performance and
high-precision production. Mikron Holding AG is listed on SIX Swiss
Exchange (MIKN).

Mikron Management AG, Martin Blom, CFO Mikron Group
Phone +41 62 916 69 60, ir.mma@mikron.com

Download Media Release

Investor Relations Calendar of Events
10 March 2014, 07.00 a.m. - Media release: Publication of the 2013 Annual
10 March 2014, 10.00 a.m. - Results press conference, ConventionPoint, SIX
Swiss Exchange, Zurich
8 April 2014, 16.00 p.m. - Annual General Meeting 2014, Biel
18 July 2014, 07.00 a.m. - Media release: Semiannual results 2014

Except for the historical information contained herein, the statements in
this media release are forward-looking statements that involve risks and

Mikron(R) is a trademark of Mikron Holding AG, Biel (Switzerland).

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