EANS-Adhoc: Mikron Holding AG Anticipated media release on preliminary volume
figures for fiscal 2011
--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------
20.01.2012
--------------------------------------------------------------------------------
This media release can be downloaded as a PDF file: www.mikron.com/news
--------------------------------------------------------------------------------
Anticipated media release on preliminary volume figures for 2011 financial year
Mikron lifts sales and improves result
Biel, January 20, 2012, 7:00 a.m. The Mikron Group posted an order intake of CHF
225.0 million (+2 percent on the previous year´s figure of CHF 219.8 million) in
2011 and achieved the significant growth (+16 percent) in net sales to CHF 210.9
million (previous year CHF 182.5 million) it had been aiming for. Order backlog
is a healthy CHF 95.9 million (previous year: CHF 84.2 million, +14 percent).
Mikron´s EBIT margin (as a percentage of sales) for 2011 financial year will
exceed 4 percent.
Despite the uncertainties and upheaval on the financial markets, demand in most
of Mikron´s markets held up well in 2011. Thanks to solid growth in volumes,
improvements in the product mix, a marked gain in productivity and further
progress in risk management, Mikron improved its EBIT to over CHF 9 million
(previous year: CHF 1.5 million) and its operating result to over CHF 7 million
(previous year: CHF 0.5 million).
Machining segment
In the business segment Machining Mikron produces machines and cutting tools for
the high-productivity manufacturing of complex metal components. Customers in
the automotive supply, watchmaking and writing instruments industries account
for the majority of the segment´s net sales.
Mikron Machining benefited from the good overall economic environment,
substantially exceeding expectations with an order intake of CHF 148.3 million
(previous year: CHF 121.2 million, +22 percent). The division was particularly
successful in increasing order intake in its main market of Europe and in
Switzerland.
The net sales figure of CHF 123.3 million (previous year: CHF 103.4 million, +19
percent) is broad based. The rise in order intake resulted in very good capacity
utilization throughout the year.
Automation segment
In the business segment Automation Mikron produces systems for the automatic,
high-precision assembly of up to hand-sized products. Customers in the
pharmaceutical, medical and automotive supply industries account for the
majority of the segment´s net sales.
The Automation segment was particularly hit by exchange rate trends. At CHF 77.1
million, Mikron Automation´s order intake fell substantially short of its
excellent 2010 figure (CHF 99.6 million, -23 percent). However, the division was
able to significantly increase its net sales to CHF 88.1 million (previous year:
CHF 79.9 million, +10 percent).
Mikron Automation was able to gain additional market share in both Europe and
Asia with its new EcoLine product platform.
Preliminary volume figures for 2011 financial year, compared to 2010
CHF million
2011 1) 2010 +/-
Order intake 225.0 219.8 2%
- Machining 148.3 121.2 22%
- Automation 77.1 99.6 -23%
Net sales 210.9 182.5 16%
- Machining 123.3 103.4 19%
- Automation 88.1 79.9 10%
Order backlog 95.9 84.2 14%
- Machining 61.7 37.2 66%
- Automation 34.2 46.6 -27%
1) Divisional financial figures before consolidation
Investor Relations Calendar
12 March 2012, 07.00 a.m., Media release: Publication of the 2011 Annual Report
12 March 2012, 10.00 a.m., Results press conference: ConventionPoint, SIX Swiss
Exchange, Zurich
17 April 2012, 04.00 p.m., Annual General Meeting 2012, Biel
20 July 2012, 07.00 a.m., Media release: Semiannual results 2012
Except for the historical information contained herein, the statements in this
media release are forward-looking statements that involve risks and
uncertainties.
Mikron® is a trademark of Mikron Holding AG, Biel (Switzerland)
end of ad-hoc-announcement
================================================================================
Brief profile of the Mikron Group
The Mikron Group operates worldwide as a leading supplier of production and
automation solutions for the manufacture of high-precision products. Its main
markets are the automotive component supply industry, the pharmaceutical and
medical industries, the writing instrument industry, and the electronics and
watchmaking industries. Mikrons customers benefit from more than 100 years of
experience in the manufacture of customized production solutions. Its powerful
and reliable machines, systems and tools fulfill the highest standards in terms
of precision, economy and flexibility. A comprehensive range of services rounds
off Mikrons market offering. The Mikron Groups operations are divided into the
two divisions Mikron Machining and Mikron Automation. The Group employs a
workforce of almost 1000, the majority of them at its two main sites in Agno
(Switzerland) and Boudry (Switzerland). Further manufacturing facilities are
located in Rottweil (Germany), Monroe (USA), Denver (USA), Singapore and
Shanghai (China).
Further inquiry note:
Mikron Management AG, Martin Blom, Chief Financial Officer
Phone +41 62 916 69 60, ir.mma@mikron.com
Unsubscribe from the newsletter:
If you want to unsubscribe from any e-mail communication from Mikron Holding AG,
please send an e-mail to: news.mho@mikron.com, subject: REMOVE FROM MAILING LIST
end of announcement euro adhoc
--------------------------------------------------------------------------------
issuer: Mikron Holding AG
Mühlebrücke 2
CH-2502 Biel
phone: +41 32 321 72 00
FAX: +41 32 321 72 01
mail: mho@mikron.com
WWW: www.mikron.com
sector: Machine Manufacturing
ISIN: CH0003390066
indexes: SPI, SPIEX, SPI ex SLI
stockmarkets: Domestic Standard: SIX Swiss Exchange
language: English