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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.
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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
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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
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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