EANS-Adhoc: Miba Aktiengesellschaft / Half Year 2014-2015: Miba continues to grow

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Mid Year Results
03.09.2014

Laakirchen, September 3, 2014 Miba AG, listed in the standard market
auction segment of Wiener Börse AG, continued its growth trajectory
in the first half of 2014-2015 (February 1 to July 31). Consolidated
revenue amounted to EUR 329.0 million, which equates to an increase
of EUR 20.8 million, or 6.8 percent, compared to the first half of
2013-2014. EBIT (earnings before interest and tax) amounted to EUR
41.9 million and was therefore EUR 6.2 million above the prior-year
comparative.

Many of Miba's sales markets performed well in recent months, which
is also reflected in the upper Austrian technology group's results.
The automotive industry and the heavy truck market in particular had
performed very positively in Europe, the USA and China during the
whole of the first half of the year, with growth in these sectors
compensating for persistently weak demand in other areas such as the
shipbuilding or mining markets.

In the first six months of the fiscal year, Miba invested a total of
EUR 24.8 million in the expansion of capacity and in measures to
improve productivity (previous year: EUR 25.6 million). Capital
expenditure volumes for the whole year should at least be at or
around the same level as in the previous year (EUR 68.1 million).

As of the July 31, 2014, reporting date, Miba employed 5,037 members
of staff globally (including agency staff), and thus almost 500 more
people than a year ago. On the one hand, the increase in the number
of employees is attributable to the initial consolidation of the
Chinese company, EBG Shenzhen Ltd., in which the Miba Group holds 55
percent of the shares overall. On the other hand, employees were
recruited mainly at the Suzhou (China) site and in Slovakia and
Austria.

Although Miba is not, for example, seeing any signs of recovery in
shipbuilding, mining or in the South American automotive industry,
the Company is expecting growth to continue in the second half of the
year.

end of ad-hoc-announcement ==========================================
====================================== The Miba Group Miba AG, which
is a listed company (WKN 872002), is one of Austria's leading
industrial and technology companies. Formed in Laakirchen in Upper
Austria in 1927, the high-tech group today develops and manufactures
its products at more than 20 sites in twelve countries. Miba products
can be found in the passenger vehicles, trucks, construction
equipment, trains, ships, aircraft and power plants made or built by
the respective leading global manufacturers. The Company specializes
in engine bearings, friction materials, sintered components and
coatings. In addition, Miba manufactures passive electronic
components such as resistors and cooling systems which are needed,
among other things, in power transmission systems. Moreover, the
Company develops and manufactures special machinery for
high-precision machining of large components. Miba employs more than
5,000 members of staff globally. Revenue in fiscal year 2013-2014
amounted to EUR 610.2 million, while earnings before interest and tax
(EBIT) were EUR 70.2 million.

Further inquiry note:
Mag. Valerie Weixlbaumer-Pekari
Investor Relations
Tel.: +43/664/5416364
mailto: valerie.weixlbaumer@miba.com

Investoren/Analysten
MMag. Markus Hofer
CFO
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