EANS-Information of Significance: Binder+Co Aktiengesellschaft / Binder+Co sales revenues show a marked increase in Q1–3/2012

--------------------------------------------------------------------------------
Information Of Significance transmitted by euro adhoc with the aim of a
Europe-wide distribution. The issuer is solely responsible for the content
of this announcement.
--------------------------------------------------------------------------------

13.11.2012

Press release / Main company information

Gleisdorf, November 13, 2012. As compared to the same period of the
preceding year, during Q1–3/2012, Binder+Co, the international
specialist for processing, environmental and packaging technology,
which has its headquarters in Gleisdorf/Austria, was able to raise
its sales revenues by 10.2%. EBIT and order intake remained stable at
the level of the preceding year, totalling EUR 4.98 million and EUR
64.90 million respectively. Order backlog at the end of September
2012 was slightly lower at EUR 34.80 million.

Karl Grabner, from the Binder+Co Management Board: “Our sales
revenues in the first three quarters of 2012 showed clear expansion
and despite the scheduled losses of our new subsidiaries, EBIT
remained stable. We continue to assume that growth will be achieved
for the year as a whole, even though order intake in the summer
months slowed slightly.”

The tangible upward trend in Binder+Co order intake that commenced in
mid-2010 lost some of its momentum during the summer of 2012.
Therefore, following the growth of the first half-year, Binder+Co
order intake in Q1–3 amounted to EUR 64.90 million and thus remained
at the level of the preceding year (Q1–3/2011: EUR 65.07 million).
Nonetheless, the solid order intake from the beginning of the year
formed the basis for sales revenues of EUR 58.89 million and thus an
increase of 10.2% (Q1–3/2011: EUR 53.43 million). Moreover, EBIT
remained steady at a solid EUR 4.98 million in spite of the scheduled
initial losses at the Comec-Binder S.r.l. and Bublon GmbH
subsidiaries, which specialize in comminution technology and the
marketing of an innovative technology for the production of a pure
and natural base composite for construction materials with
outstanding insulation and soundproofing. Order backlog as at
September 30, 2012 amounted to EUR 34.8 million, which was 2.3% lower
than the 2011 value (September 30, 2011: EUR 35.61 million) and
reflected the general economic situation in Europe.

Processing Technology sales revenues and order intake both
considerably higher In the first three quarters of 2012, Processing
Technology again provided the largest share of sales revenues with an
increase of 23.4% to EUR 28.06 million. This Segment supplies the
construction materials, stone and earth industries with machinery for
the comminution, screening, thermal treatment and sorting of bulk
goods. Due to initial losses at the Group’s newest subsidiaries
(Comec-Binder S.r.l., taken over in July 2011 and Bublon GmbH,
founded in January 2012), which are both allotted to the Processing
Technology Segment, as compared to the preceding year the EBIT
contribution fell from EUR 2.26 million to EUR 1.72 million. However,
order intake improved markedly, rising to EUR 33.74 million
(Q1–3/2011: EUR 19,84 million).

Environmental Technology sales revenues and EBIT both higher Sales
revenues in the Environmental Technology Segment, which focuses on
classification machines for glass and plastics recycling, totalled
EUR 20.59 million and therefore showed a small increase (Q1–3/2011:
EUR 19.96 million). EBIT improved tangibly, rising to EUR 2.25
million (Q1–3/2011: EUR 1.66 million). The marked fall in order
intake to EUR 18.66 million (Q1–3/2011: EUR 32.26 million) was the
result of delayed decisions regarding the allocation of several
large-volume systems contracts.

Packaging Technology remains solid The Packaging Technology Segment
manufactures high-performance open mouth bagging machinery for free
flowing bulks such as fertilizers, plastic granulate, seeds, foods,
feedstuffs and salts, and is managed by the independent subsidiary
Statec Binder GmbH. In the first nine months of 2012, its sales
revenues remained stable at the solid level of the preceding year and
amounted to EUR 10.24 million (Q1–3/2011: EUR 10.74 million).
However, at EUR 1.01 million EBIT fell just short of the good
comparative figure for 2011 (Q1–3/2011: EUR 1.06 million). Order
intake also developed satisfactorily, for although at EUR 12.50
million it was slightly lower than the EUR 12.97 million of 2011,
third quarter business in the spare part and services sector, which
offers sizeable margins, remained constant at a high level and was
thus responsible for the strong EBIT margin of 9.9%.

Positive outlook for the year as a whole In spite of the fact that,
as compared to the value of the previous year (September 30, 2011:
EUR 35.61 million) order backlog as at September 30, 2012 fell
marginally by 2.3% to EUR 34.80 million, in view of the stable
situation with regard to single machine order receipts and the
expectation of large volume systems orders in the near future, the
management continues to assume that the overall sales revenues for
2012 will exceed those of the preceding year.

Workforce enlarged Binder+Co’s expansion strategy also had an effect
on employee numbers. As at September 30, 2012, the workforce totalled
342, which was roughly 10% up on the figure for September 30, 2011.

Sizeable investments at the Gleisdorf location The new and rebuilding
projects commenced at the Gleisdorf location in 2011 continued during
the first three quarters of 2012 with investment amounting to EUR
5.50 million. The focus of this spending was on a new entrance area,
the general renovation of a 5,000 m2 production hall and the purchase
of a new laser cutting system.

The Binder+Co share makes considerable gains Having commenced the
year at a level of EUR 21.32, by September 30, 2012 the price of the
Binder share, which is traded on the mid market of the Vienna Stock
Exchange, had risen by 26.6% to EUR 27.00.

The Binder+Co Group Binder+Co AG is a specialist in the field of
processing, environmental and packaging technology and the world
market leader in the screening and glass recycling segments. The
company was listed on the Vienna Stock Exchange at the end of 2006
and is now part of the Third Market in the mid market segment. The
Binder+Co Group consists of Binder+Co AG, the two fully owned
subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec
Binder GmbH joint venture. In 2010, Binder+Co was awarded the
Austrian National Innovation Prize for its successful implementation
of inventive capacity and in 2011 received the Best Open Innovator
Award of the Zeppelin University Friedrichshafen as the top SME in
the D-A-CH region.

Further inquiry note:

Inquiries
Karl Grabner, Member of the Management Board
Phone: +43/3112/800-363

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Binder+Co Aktiengesellschaft
Grazerstraße 19-25
A-8200 Gleisdorf
phone: +43 3112 800-363
FAX: +43 3112 800-320
mail: karl.grabner@binder-co.at
WWW: www.binder-co.com
sector: Machine Manufacturing
ISIN: AT000BINDER3
indexes: mid market
stockmarkets: Third Market: Wien
language: English