EANS-Information of Significance: Binder+Co Aktiengesellschaft / Binder+Co order intake in Q1–3/2010 shows a clear upturn

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16.11.2010

Gleisdorf, November 16, 2010. During Q1–3/2010, Binder+Co, the
innovative machine and plant manufacturer from Gleisdorf in Austria,
was able to increase its order intake by a notable 50% over the
previous year. However, company sales revenues and EBIT remained
below the 2009 level.

In view of these facts, Karl Grabner, from the Binder+Co Management
Board is not dissatisfied: “Although our sales revenues and EBIT
figures for Q1–3/2010 were still below the levels of 2009, the
powerful upswing in order intake allows an optimistic view into the
coming year.”

Binder+Co, which is an internationally successful specialist in the
fields of processing, environmental and packaging technology, was
also able to close the third quarter of 2010 with a positive result.
As anticipated, due to the after-effects of the economic crisis, at
EUR 40.71 million and EUR 4.08 million respectively, sales revenues
and EBIT remained some 15% and 14% down on the figures for the
preceding year. However, order intake again demonstrated a marked
upward trend. In the first three quarters of 2010, this key
indicator, which is the most important of all with regard to the
future outlook, totalled EUR 48.92 million and was thus roughly 50%
higher than the comparable figure for the preceding year. Indeed, in
the third quarter order intake even emulated the new business level
of the record 2008 financial year.

Clearly positive results in all product segments In the first three
quarters of 2010, the Processing Technology Segment, which
specialises in drying, screening and sorting machines for the
building materials, stone and earth industries, achieved sales
revenues of EUR 19.33 million and thus again provided the largest
share of total sales revenues (47.5%; Q1-3/2009: EUR 22.12 million).
In spite of a dip in sales revenues, the Segment’s EBIT contribution
rose to EUR 1.63 million (Q1–3/2009: EUR 1.41 million). Moreover,
thanks to the vast improvement in order intake, which stood at EUR
19.99 million (Q 1-3/2009: EUR 10.71 million), the situation with
regard to new orders also stabilised. Single machine sales have
remained solid throughout the year to date and in the third quarter
there was also a tangible upturn with regard to system business.

At EUR 15.01 million, sales revenues in the Environmental Technology
Segment, which focuses on sorting machines for glass and plastics
recycling, were down on those of the preceding year (Q 1-3/2009: EUR
18.75 million). In addition, although EBIT amounted to EUR 2.12
million and was therefore again clearly positive, it failed to reach
the EUR 2.69 million of the preceding year. New contracts consisted
of a first-rate mix of single machines and medium-sized system
business and at EUR 20.61 million, order intake was well above the
EUR 13.99 million of 2009. Orders also continued to demonstrate
stable result quality.

During the first three quarters of 2010, the Packaging Technology
Segment, which

manufactures high-performance open mouth bagging machinery, was able
to clear orders to the value of EUR 6.37 million (Q1-3/2009: EUR 7.17
million). Solid spare parts business helped to maintain EBIT at a
clearly positive level of EUR 0.33 million (Q1-3/2009: EUR 0.65
million). Furthermore, at EUR 8.32 million order intake in the first
three quarters was EUR 0.46 million up on the EUR 7.86 million of
last year. Marked improvement in the order situation during Q3
Binder+Co order backlog at the end of September 2010 stood at EUR
26.14 million. This was 65.5% above the comparable value of the
previous year (September 30, 2009: EUR 15.79 million) and thus again
in line with the long-term average. The executive management assumes
that this positive trend will be maintained during the coming months.

Workforce numbers again on the increase In terms of a yearly
comparison, the streamlining of internal structures initiated in 2009
resulted in a fall in employee numbers to 233 as at September 30,
2010 (September 30, 2009: 245). However, owing to the marked rise in
order intake, the third quarter witnessed a continual increase in the
size of the workforce (June 30, 2010: 221).

The Binder+Co share price demonstrates a stable trend During the
third quarter of 2010, the price of the Binder+Co share, which is
traded on the mid market of the Vienna Stock Exchange, remained
extremely stable. Having started 2010 at a level of EUR 11.10, by
September 30, the share price had risen to EUR 12.25, which
corresponds with an increase of over 10%.

The Binder+Co Group Binder+Co AG is a specialist in the field of
processing, environmental and packaging technology and the world
market leader in the screening and glass recycling segments. The
company was listed on the Vienna Stock Exchange at the end of 2006
and is now part of the third market in the mid market segment. In
2009, Binder+Co was awarded the Austrian National Innovation Prize
for its development of the world’s first industrially mature system
for the sorting of heat-resistant glass from cullet.

end of announcement euro adhoc
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ots Originaltext: Binder+Co Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Inquiries

Karl Grabner, Member of the Board

Tel.: +43 (0) 3112/800-363

Branche: Machine Manufacturing
ISIN: AT000BINDER3
WKN:
Index: mid market
Börsen: Wien / Third Market