DGAP-News: M.A.X. Automation: Successful transformation into a high-tech mechanical engineering group


DGAP-News: M.A.X. Automation AG / Key word(s): AGM/EGM
M.A.X. Automation: Successful transformation into a high-tech
mechanical engineering group

30.06.2015 / 16:01

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PRESS RELEASE 

M.A.X. Automation: Successful transformation into a high-tech mechanical
engineering group
 
  - Management Board informs Annual General Meeting of stronger use of
    synergies and portfolio optimization

  - Forecast for 2015 confirmed 

  - Shareholders resolve payout of EUR 0.15 per share for 2014 

Düsseldorf, June 30, 2015 - M.A.X. Automation AG is in the process of
successfully transforming itself from being a financial holding and
investment company into a decentralized high-tech mechanical engineering
group. Member of the Management Board Fabian Spilker informed shareholders
today at the Annual General Meeting held in Düsseldorf that stronger use is
being made of synergy effects within the group. These include purchasing
advantages due to the group's larger size and more active transfer of
know-how and technology between its companies. Only last week, M.A.X.
Automation AG also succeeded in realizing synergies on the financial side
by agreeing to new group financing in the amount of EUR 150 million with a
prominent banking syndicate.

Besides the AIM Group, the company has also acquired the robotics company
iNDAT Robotics and NSM Packtec Group, a firm that specializes in packaging,
over the last year and a half. The group company Euroroll from the non-core
sector was sold. With the planned sale of the environmental subsidiary
altmayerBTD, Spilker says the focus of the portfolio on core businesses
will finally be completed.

Forecast for 2015 confirmed 
The Management Board has confirmed its expectations for fiscal year 2015.
Following the good start to the year that included a lively development in
orders and based on the current group structure, the Board expects to
achieve group sales of between EUR 360 million and EUR 380 million (2014:
EUR 351.4 million) and group earnings before interest and taxes (EBIT) and
PPA amortization of between EUR 20 million and EUR 22 million (2014: EUR
20.5 million).

Approval of all agenda items 
With 50.2% of the share capital represented, the Annual General Meeting
approved all of the agenda items by a clear majority. The Annual General
Meeting resolved to pay an unchanged dividend compared to the previous year
of EUR 0.15 per share for fiscal year 2014, which equates to a distribution
sum of EUR 4.0 million. The shareholders also approved the court
appointment of the General Representative of the bank M.M. Warburg & CO,
Dr. Jens J. Kruse, to serve as a member of the Supervisory Board. Dr. Kruse
will act as Deputy Chairman of the supervisory body.

Fabian Spilker, Member of the Management Board of M.A.X. Automation AG:
"M.A.X. Automation has made significant strategic progress over the last
year and a half. Our further development into a high-tech mechanical
engineering group makes us more comparable to other companies that offer
sophisticated system and component solutions and results in a change in the
relevant peer group for our share. We plan to use this to gradually catch
up on the current valuation markdown that traditional investment companies
experience on the capital market."

Press contact:
Frank Elsner / Frank Paschen
Frank Elsner Kommunikation für Unternehmen GmbH
Phone: +49 - 5404 - 91 92 0
Fax: +49 - 5404 - 91 92 29

About M.A.X. Automation:
M.A.X. Automation AG (WKN: 658090/ISIN: DE0006580905), Düsseldorf, is an
internationally active group of companies that includes the two segments
Industrial Automation and Environmental Technology. M.A.X. Automation
offers technologically advanced products and solutions in both areas for
order-based special machine construction and for standard systems. The
group companies that comprise M.A.X. Automation are active in sustainable
growth markets such as automobile manufacturing, medical technology,
recycling, packaging automation, and the electrical and electronics
industries. We develop and manufacture technologically sophisticated
components and system solutions for special machine construction that meet
our customers' individual demands. Innovative technologies from areas such
as microassembly and robotics are used here. http://www.maxautomation.de



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Language:    English                                             
Company:     M.A.X. Automation AG                                
             Breite Straße 29-31                                 
             40213 Düsseldorf                                    
             Germany                                             
Phone:       +49 (0)211 90991-0                                  
Fax:         +49 (0)211 90991-11                                 
E-mail:      Investor.Relation@maxautomation.de                  
Internet:    www.maxautomation.de                                
ISIN:        DE0006580905                                        
WKN:         658090                                              
Listed:      Regulated Market in Frankfurt (General Standard);   
             Regulated Unofficial Market in Berlin, Dusseldorf,  
             Hamburg, Munich, Stuttgart                          
 
 
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