EANS-Adhoc: Miba Aktiengesellschaft / Miba Financial Statements 2014-2015: growth engine is running

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Financial Figures/Balance Sheet 06.05.2015

Laakirchen, May 6, 2015 Miba AG, a strategic partner to the international engine and automotive industry which is listed on the Vienna Stock Exchange in the standard market auction segment, increased its consolidated revenue by almost 10 percent to EUR 669.3 million in the past fiscal year (February 1, 2014, to January 31, 2015), the EBIT rose to EUR 81.9 million.

Despite some challenging market trends, fiscal year 2014-2015 was very satisfactory for Miba. Demand for construction machinery, mining equipment and ships continued at the low level of recent years. The tractor market recorded heavy declines in some regions, while demand for power electronics components was somewhat subdued overall due to the difficult investment climate. Sales markets for trucks and passenger vehicles performed positively across the world.

A solid capital and financial structure The equity ratio remains at the high level of 56.9 percent (previous year: 54.6 percent), which reflects Miba's solid capital and financial structure and ensures its financial independence. Cash flow from operations totaled EUR 107.0 million (previous year: EUR 103.2 million), with Miba once again fully financing its investments in fixed assets through the Group's own capital resources.

Investment projects The large investment projects of recent years - the trebling of floor space at the production site in Suzhou, China, and the doubling of the sinter site in McConnelsville, US - were successfully completed at the start of the past fiscal year. In Europe, a large part of the investments went into increasing capacity at the Slovakian sinter site. In the past fiscal year, Miba invested a total of EUR 53.4 million in expanding and modernizing capacities.

Investments in research & development reached an all-time high of EUR 27.9 million. Overall, 235 members of staff are employed in research & development, with the majority being based in Austria.

Number of employees breaks through the 5,000 mark Including agency staff, Miba employed a total of 5,178 members of staff globally at 22 sites as of January 31, 2015. This equates to a year-on-year increase of 508 employees. The rise in the number of employees mainly occurred in China and in the US; it is partly attributable to the initial consolidation of two sites.

Miba wants to grow organically and through acquisitions The outlook for the first half of 2015-2016 is cautiously optimistic not least because of the global automotive industry. The geopolitical uncertainties and the volatile performance in the financial markets make predictions about how the whole year will develop significantly more difficult. Overall, the Company is still expecting especially the US and China - despite the slowdown in economic growth - to be the main success drivers in the next few years. It was already foreseeable now that the Company would probably expand production capacities in the next few years. In addition to expanding its traditional areas, Miba also wants to continue to broaden its product portfolio through acquisitions.

The 2014-2015 Miba Annual Report will be published at http://www.miba.com/Investor_Relations-Annual_Reports,107,en.html at the end of May.

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 22 sites in eleven countries. Miba products can be found in the passenger vehicles, trucks, construction machinery, 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. Revenue in fiscal year 2014-2015 amounted to EUR 669.3 million, while earnings before interest and tax (EBIT) were EUR 81.9 million.

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   May 06, 2015 06:00 ET (10:00 GMT)- - 06 00 AM EDT 05-06-15