EANS-Adhoc: Order intake bears out brightening outlook for SW Umwelttechnik in Hungary

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order intake

17.12.2009

SW Umwelttechnik — a listed family business with its core markets in
Central and Southeastern Europe — said today that recent order intake
bears out management´s third-quarter guidance on its Hungarian
market. The company´s Water Conservation, Engineering and
Infrastructure business sectors have won orders worth a total of
about EUR7.5 million (m) in the past few weeks.

The stabilisation of the Hungarian economy is now being reflected in
a steady flow of incoming orders — albeit somewhat later than
originally expected. The Water Conservation sector has recently won
business in Hungary worth some EUR2m. The main contract involved is
for the supply of shafts and jacking pipes for a sewerage network
expansion and modernisation programme in the greater Budapest area.
Apart from orders from local authorities, SW Umwelttechnik has won a
contract to supply sewer pipes and shafts for a new car factory in
Kecskemet. The company also expects its Water Conservation sector to
continue to record solid order intake, resulting in good capacity
utilisation at its production plants next year. SW Umwelttechnik
subsidiary OMS, which forms part of the Engineering sector, has
landed two large contracts. It is acting as lead contractor for the
consortium building a drainage scheme for Derecske Council, and its
50% share of the contract value is worth EUR0.5 m. OMS also has a 50%
share of the contract to rehabilitate an old wastewater treatment
plant in Szob, Pest. The project, with a contract value of EUR1m,
will involve expanding the capacity of the plant from 1,300 to 1,400
cubic metres per day, and replacing the equipment and part of the
basins. Meanwhile the Infrastructure sector has secured a EUR2m order
for precast elements — 1,200 trusses and 36,000 square metres of
ceiling elements — for a shopping centre in south Budapest, due for
delivery by mid-2010. In addition the business has won a EUR1.5m
order for electricity poles, as well as a EUR1m contract for railway
construction elements, to be delivered at regular intervals over the
next two years. Although SW Umwelttechnik expects 2010 to be another
testing year it sees trading conditions improving markedly, bolstered
by public sector projects. Due to the company´s strong competitive
position in both its industrial and commercial, and municipal
markets, and to its heavy investment in modern production capacity,
it is well placed to weather the recession and make the most of the
anticipated upswing in 2011.

Founded in 1910, SW Umwelttechnik remains a family business, though
it has been listed on the Vienna Stock Exchange since 1997. The Group
is known for its commitment to sustainable enterprise and rapid
expansion in Central and Southeastern Europe (CSE). Its innovative
environmental products are contributing to infrastructure renewal in
CSE.

end of announcement euro adhoc
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ots Originaltext: SW Umwelttechnik
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Bernd Wolschner

Member of the Management Board

Tel: +43 (0)7259 31350

Mobile: +43 (0)664 3413953

Fax: +43 (0)7259 31356

Michaela Werbitsch

Investor Relations

Tel: +43 (0)7259 31350

Mobile: +43 (0)664 8117662

Fax: +43 (0)7259 31356

E-mail: michaela.werbitsch@sw-umwelttechnik.com

Web: www.sw-umwelttechnik.com

Website: www.sw-umwelttechnik.com

Branche: Technology
ISIN: AT0000808209
WKN: 910497
Index: WBI
Börsen: Berlin / free trade
Frankfurt / free trade
Wien / Regulated free trade