Mühlbauer Holding AG & Co. KGaA

ots Ad hoc-Service: Mühlbauer Holding Profitable growth continues

The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Roding (ots Ad hoc-Service) - According to interim figures, Mühlbauer, world market and technology leader in the manufacture of turn-key solutions of Smart Cards, Smart Labels and LEDs, has achieved a record income before taxes of about EUR 7.2 million in the first quarter and exceeded the first quarter results of the preceding year (EUR 2.6 million) by 180 percent. Net income climbed to EUR 3.9 million (1.5 million) by 155 percent compared to the quarter of the previous year, thus continuing its extremely positive course of growth. The operating income rose from EUR 1.7 million to almost EUR 3.9 million by 129 percent. By fully taking advantage of favourable market conditions, the positive interest income has grown dynamically during the first quarter of the current business year and with EUR 2.5 million, it has exceeded the period of the previous year (EUR 0.3 million) by EUR 2.2 Mio. With EUR 0.24, income per share according to DVFA/SG has tripled in comparison with the reference period of the preceding year (EUR 0.08). With a turnover of more than EUR 22 million reached in the first quarter 2000, company sales climbed by 81 percent significantly surpassing last year's comparative figures (EUR 12.2 million). This increase is exclusively due to the persistent expansion of Mühlbauer's market share and organic growth. The rapidly increasing demand for the company's products and services led to the most successful quarter in company history concerning order income. With an order income of more than EUR 31 million, Mühlbauer achieved an order plus of almost 158 percent in comparison with EUR 12 million during the same period of the previous year. On March 31, 2000, the order backlog amounted to EUR 37.5 million (EUR 16.1 million). The Mühlbauer-Group develops, produces and sells turn-key solutions for the manufacture of Smart Cards, Smart Labels and LEDs. As a result of the favourable development of income, a dividend of EUR 0.30 (previous year: EUR 0.23) for the fiscal year 1999 is suggested to the Annual General Meeting. The detailled quarterly report will be available from May 16, 2000 at Mühlbauer company. End ----------------------------------------------------- Internet: http://recherche.newsaktuell.de Original-Content von: Mühlbauer Holding AG & Co. KGaA, übermittelt durch news aktuell

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