Ad-hoc | 27 March 2001 07:33
Ad hoc-Service: Mühlbauer Holding
english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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Final results 2000 of Mühlbauer Holding AG & Co. KGaA:
Mühlbauer has continued to improve its earning power in business year 2000,
contributing to the companys ongoing organic growth. Earnings before taxes
increased in comparison with the previous year (EUR 17.5 million) by 43.4
percent to EUR 25.1 million; the EBIT rose even more than sales, with a plus of
58 percent for a total of EUR 24 million (previous year: EUR 15.2 million). The
pretax profit margin in the reporting year of 22.7 percent clearly demonstrates
the continued profitability of the company. The group annual net income reported
in the statements of income is EUR 17.7 million, which is 28.3 percent higher
than in the previous year (EUR 13,8 million). Due to the excellent result
development, the annual general meeting will be recommended to issue a dividend
of EUR 0.35 for the business year 2000 (previous year: EUR 0.30).
With sales of more than EUR 110 million, Mühlbauer was able to increase the
value of the previous year (EUR 71 million) by 56 percent. This exceeds the
companys original sales target of EUR 85 million by 30 percent.
An order backlog of EUR 56.4 million, which is an increase of 84.4 percent as
compared with the previous year (EUR 30.6 million), provides an extremely
favorable basis for business developments in the current business year. Order
income of EUR 136.3 million significantly exceeded last years value (EUR 92.2
million) by 48 percent.
end of ad hoc announcement, (c) DGAP 27.03.2001
Issuer’s information/explanation remarks concerning this ad hoc announcement:
Final Results 2000 of Mühlbauer Holding AG & Co. KGaA:
CONTINUOUS RISE IN EARNING POWER
EARNINGS BEFORE TAXES INCREASED BY 43.4 PERCENT
Mühlbauer has continued to improve its earning power in business year 2000,
contributing to the companys ongoing organic growth. Earnings before taxes
increased in comparison with the previous year (EUR 17.5 million) by 43.4
percent to EUR 25.1 million; the EBIT rose even more than sales, with a plus of
58 percent for a total of EUR 24 million (previous year: EUR 15.2 million). The
pretax profit margin in the reporting year of 22.7 percent clearly demonstrates
the continued profitability of the company. The group annual net income reported
in the statements of income is EUR 17.7 million, which is 28.3 percent higher
than in the previous year (EUR 13,8 million). Due to the excellent result
development, the annual general meeting will be recommended to issue a dividend
of EUR 0.35 for the business year 2000 (previous year: EUR 0.30).
With sales of more than EUR 110 million, Mühlbauer was able to increase the
value of the previous year (EUR 71 million) by 56 percent. This exceeds the
companys original sales target of EUR 85 million by 30 percent. In the core area
of Smart Identification, sales of EUR 48.6 million exceeded the figures of the
previous year (EUR 35 million) by 38.8 percent. This means that Mühlbauer is
growing faster than the market. Sales in the area of Semiconductor Related
Products rose by 91.5 percent to EUR 42.4 million (previous year: EUR 22.2
million). A strong growth of 58.9 percent to EUR 8.6 million (previous year: EUR
5.4 million) is reported in the area of Board Handling. The area of Parts &
Systems rose its sales by 27.7 percent to EUR 11 million (previous year: EUR 8.6
million).
An order backlog of EUR 56.4 million, which is an increase of 84.4 percent as
compared with the previous year (EUR 30.6 million), provides an extremely
favorable basis for business developments in the current business year. Order
income of EUR 136.3 million significantly exceeded last years value (EUR 92.2
million) by 48 percent. With EUR 59.7 million (previous year: EUR 39.5 million),
orders in the core area of Smart Identification climbed by 51.3 percent. The
area of Semiconductor Related Products experienced an increase of 39.9 percent
for an order volume of EUR 49.1 million (previous year: EUR 35.1 million). In
the area of Board Handling, orders of EUR 8.8 million rose by 45.1 percent as
compared with the previous year (EUR 6.1 million). An increase of 61.7 percent
resulted in an order volume of EUR 18.7 million for the area of Parts & Systems
(previous year: 11,5 Mio. EUR).
The Mühlbauer Group develops, manufactures and sells turnkey solutions for the
production of SmartCards, SmartLabels and LEDs. With tailor-made complete
solutions for all imaginable SmartCard products, the company has gained the pole
position in one of the strongest growth markets in the world. Through intensive
research and development work, as well as extremely short production times, a
high quality standard and maximum flexibility, the company is well-prepared for
the challenges of the world market.
The complete Annual Report 2000 can be downloaded in the internet at
www.muehlbauer.de.
March 27, 2001
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WKN: 662720; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
270733 Mär 01