EANS-Adhoc: Miba Aktiengesellschaft / Revenue and profit up in Quarter 1, 2015-2016

--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------

Annual Reports/3-month report
03.06.2015

The upper Austrian technology group Miba AG, listed in the standard
market auction segment of Wiener Börse AG; continued its positive
performance from the previous year in the first quarter of 2015-2016
(February 1 to April 30). Consolidated revenue amounted to EUR 190.4
million, which equates to an increase of EUR 26.9 million compared to
the first quarter of 2014-2015. EBIT (earnings before interest and
tax) amounted to EUR 24.6 million and was therefore EUR 5.3 million
above the prior-year figure.

In terms of revenue and profit, Miba benefited from positive one-off
effects from exchange-rate trends in the first quarter of 2015-2016.
Organic revenue growth adjusted for these effects amounted to 7.4
percentage points and was therefore slightly below the comparative
figures from previous periods. EBIT was also driven by these special
effects; the EBIT margin rose to 12.9 percent (after having been 11.8
percent in the comparative prior-year quarter).

In terms of the market, Miba was still able to benefit from the good
performance of the automotive industry and the strong demand for
trucks and locomotives, particularly in the US. This was contrasted
by weaker order intakes from the construction machinery, agricultural
equipment, ship engines and truck sectors in China. The global
capital goods industry, Miba's largest sales area, continues to lose
momentum, which is why the Company is now already bracing itself for
a marked slow-down in the second half of 2015-2016. Miba's strategic
goal to continue to grow in the medium term remains unchanged despite
the expected cyclical downturn. In the first three months of the
fiscal year, Miba therefore invested EUR 17.4 million in the
expansion of capacity and in measures to improve productivity
(previous year: EUR 12.3 million).

As of the April 30, 2015, reporting date, Miba employed 5,252 members
of staff globally (including agency staff), and thus 500 more
employees than a year ago.

Miba's order book at the start of the second quarter of fiscal year
2015-2016 was still characterized by high order volumes from the
automotive sector. For capital goods sales, Miba is increasingly
bracing itself for a very weak order book. From the second half of
2015-2016 onwards, profit margins are therefore expected to be lower
overall than in the first quarter. Exceptional peaks in revenue as in
the first quarter of 2015-2016 can in all probability no longer be
expected from the second half of the year onwards. For the whole of
2015-2016 and also for subsequent years, Miba is therefore expecting
a return to profit margins of earlier years.

Further inquiry note:
Mag. Valerie Weixlbaumer-Pekari
Head of Corporate Communications & Marketing Services
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
--------------------------------------------------------------------------------

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