DGAP-Adhoc: Balda announces substantially improved operating earnings for 2012/2013 - Special dividend of EUR 1.50 per share proposed

| Source: EQS Group AG
Balda AG  / Key word(s): Final Results

11.12.2013 18:53

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Bad Oeynhausen, 11 December 2013 - The Balda Group posted consolidated
sales of EUR 59.9 million from continuing operations in the 2012/2013
financial year ended 30 June 2013. This figure includes the sales of the US
companies Balda C. Brewer and Balda HK Plastics, which were consolidated
from 1 January 2013. In the 2012 short financial year (1 January to 30 June
2012), consolidated sales had amounted to EUR 11.7 million. Adjusted for
extraordinary items, earnings before interest, taxes, depreciation and
amortization (EBITDA) improved by EUR 6.7 million over the 2012 short
financial year (EUR -2.6 million) to EUR 4.1 million; consolidated EBITDA
including extraordinary items totaled EUR 4.9 million. The Group's
comprehensive income was EUR 13.5 million (2012 short financial year: EUR
250.7 million).

Since the sale of the shares in TPK Holding generated substantial cash
funds for the Balda Group, the Management Board and the Supervisory Board
will propose to the General Meeting on 28 January 2014 to pay a special
dividend of EUR 1.50 per share for the 2012/2013 financial year. This would
correspond to a dividend payment of EUR 88.3 million.

Assuming that macroeconomic conditions do not deteriorate significantly and
barring any other unforeseeable adverse effects that have a material impact
on the Balda Group, the Management Board aims to achieve, based on the
current portfolio, i.e. without further possible acquisitions, consolidated
sales of EUR 70 million to EUR 80 million and a single-digit EBITDA margin
(based on sales) in the 2013/2014 financial year. Consolidated earnings
before taxes are also expected to be positive on the basis of positive

Michael Pfister
Deekeling Arndt Advisors
Tel: +49 (0) 5734 922 2555

Mail: michael.pfister@deekeling-arndt.de

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Language:     English
Company:      Balda AG
              Bergkirchener Str. 228
              32549 Bad Oeynhausen
Phone:        +49 (0) 57 34 / 9 22-0
Fax:          +49 (0) 57 34 / 9 22-2604
E-mail:       info@Balda.de
Internet:     www.balda.de
ISIN:         DE0005215107
WKN:          521510
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement                             DGAP News-Service