Balda AG / Preliminary Results 12.02.2009 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - Revenues at 238.0 million euros (previous year: 215.3 million euros) - Positive EBIT of 1.4 million euros Bad Oeynhausen, February 12, 2009 According to preliminary results, Balda AG, listed in the Prime Standard of the Frankfurt Stock Exchange, achieved revenues amounting to 238.0 million euros (previous year: 215.3 million euros) in its continued operations in 2008. That is an increase of 22.7 million euros or 10.5 percent. In comparison to Q4 2007, revenues in the infocom business jumped by around 10 percent in Q4 2008. Taking into account special effects, impairment write-offs and allowances for accounts receivable, which burdened the result, the Balda Group recorded an operating result (EBIT) amounting to 1.4 million euros (previous year: 13.5 million euros) in its continued operations in the fiscal year 2008. In contrast to 2008 the previous year was characterized by positive special effects. At closing date 2008 Balda Medical, being up for sale, Balda Grundstücksvermietungs GmbH & Co. KG and the Brazilian production sites have been assigned to the discontinued operations. Touch screen producer TPK, held as a financial asset since October 2008, is only shown as income from investments in Q4 2008. This pro rata income contribution was positive for Q4 2008. TPK revenues amounted to 127.3 million euros in Q4 2008 alone. Including the discontinued business divisions the Balda Group is expecting negative earnings before taxes (EBT) for the fiscal year 2008. As of September 30, 2008 EBT amounted to minus 15.1 million euros. Balda is publishing its annual report 2008 and final numbers on March 25, 2009. On this day the annual press conference is taking place as well. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Company profile Balda AG The Balda Group develops and produces highly integrated devices comprising plastic and electronic components, primarily for the telecommunications sector. In addition, the company manufactures high-tech components such as headphones and hands-free sets. The future is derived from past experience. Balda has developed an active culture of continuous transformation through the traditions established within the hundred years of its existence. Since its founding, innovation and technology have been the significant driving forces of progress and the guarantors of corporate success. Today, Balda is an internationally positioned high-tech company with innovative products and a high performance capacity. Balda AG, which is registered in the Prime Standard on the German Stock Exchange, services international brand-name clients in the mobile telecommunications sector, medical technology and other similar markets. The Group produces close to its customers locations in the expanding growth markets. With four production facilities, the Group has a strong position in China and Malaysia. Plants in Brazil and India, as well as the facility in Germany for Balda Medical, underline the Groups international focus. Within the framework of a shareholding in a leading producer of touch screens in China, Balda is participating in the dynamic development in the touch-sensitive display sector. The vision was and is clear: Balda will strengthen its technological innovations potential and further expand in the promising growth regions of Asia. Balda will thus achieve the conditions for profitable growth and a sustainable increase in added value. * * * This ad-hoc-announcement includes 'forward-looking statements' which are based on the current expectations of the management of Balda. They are subject to risks and uncertainty because they relate to events and depend on circumstances that will occur in the future, such as, for example, developments in the mobile communications industry, changes in technology and the ability to timely and successfully develop new products and various other factors. Balda does not undertake any obligation to update publicly or revise forward-looking statements except to the extent legally required. This ad-hoc-announcement is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or elsewhere. The shares in Balda AG (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')) unless registered under the Securities Act or pursuant to an exemption from such registration. The Shares have not been and will not be registered under the Securities Act. If you have any questions please contact: Balda AG, Clas Röhl, Phone: +49 5734 922 2728, Fax: +49 69 710456450. Email: croehl@balda.de, Internet: www.balda.de DGAP 12.02.2009 --------------------------------------------------------------------------- Language: English Issuer: Balda AG Bergkirchener Str. 228 32549 Bad Oeynhausen Deutschland Phone: +49 (0) 57 34 / 9 22-0 Fax: +49 (0) 57 34 / 9 22-2747 E-mail: info@Balda.de Internet: http://www.balda.de ISIN: DE0005215107 WKN: 521510 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Balda AG preliminary results: Revenues increase by around 11 percent in 2008
| Source: EQS Group AG