EANS-Adhoc: Miba Aktiengesellschaft
1st Half-Year 2012-2013: Sales Increase
for Miba
07.09.2012 – 10:04
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 07.09.2012 Laakirchen, September 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, reports a strong first half-year 2012-2013 (February 1 to July 31) despite challenging market environment. Consolidated sales rose in comparison to same period last year by 13.7 percent to EUR 319.9 million. Earnings before interest and taxes equaled EUR 36.6 million. Earnings before interest and taxes (EBIT) totaled EUR 36.6 million (previous year: EUR 28.5 million). The markedly improved quality of earnings is attributed to the successful integration of the acquisitions of the past two business years and to the measures to alleviate capacity bottlenecks. In the first six months of the business year, Miba invested almost EUR 29.5 million (previous year: EUR 22.4 million). The majority of the investment funds were placed in expansions to production capacity at the Austrian plants. Miba invested more than EUR 10million at its sites in Slovakia, the USA and China. Once again, the Group financed these investments entirely out of cash flow from operations amounting to EUR 46.8 million (previous year: EUR 22.7 million), and thus through its own financial power. As of the July 31, 2012 reporting date, Miba employed just under 4,500 employees worldwide (including leased employees), and thus almost 500 more employees than one year before. Miba consistently pursues its strategy of targeted investment in international growth markets and strategic business areas, so that it can largely secure its independence from geographic and industry-related developments in the future as well. The strategic focus is on the consistent further development of the fourth division, New Technologies Group, and on the expansion of local production in the USA and China. 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 around 4,000 employees, more than half of whom work at the Austrian sites. In the 2011-12 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