SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  DGAP-Adhoc: Mikron Holding AG: Mikron posts higher order intake and good order backlog; Andreas Steiner steps down from the Board of Directors

[January 23, 2014]

DGAP-Adhoc: Mikron Holding AG: Mikron posts higher order intake and good order backlog; Andreas Steiner steps down from the Board of Directors

(DGAP Ad Hoc Disclosures Via Acquire Media NewsEdge) Mikron Holding AG / Key word(s): Final Results 23.01.2014 07:00 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- Media release on preliminary volume figures for 2013 financial year Mikron posts higher order intake and good order backlog; Andreas Steiner steps down from the Board of Directors Biel, January 23, 2014, 7:00 a.m. The Mikron Group posted an order intake of CHF 246.4 million (previous year: CHF 236.3 million, +4%) and net sales of CHF 241.1 million (previous year: CHF 235.3 million, +2%) for the 2013 financial year. Order backlog increased by 12% to CHF 122.3 million (previous year: CHF 109.5 million). As already announced at the end of October 2013, however, the Group's EBIT will be significantly below the figure for 2012.


Andreas Steiner will not be standing for re-election to the Board of Directors at the Annual General Meeting on 8 April 2014. The Board of Directors does not intend to nominate a successor at the present time.

The Mikron Group's sales markets performed very differently in 2013. The high demand from the medical devices and pharmaceutical industries contrasted with very low demand from the automotive industry, particularly in the first half of the year. Overall, Mikron's market performance in 2013 was good, meeting expectations with a 2% increase in net sales. The Mikron Group even achieved a 12% increase in order backlog at the end of the year.

Mikron's Annual Report, containing the Group's detailed results for 2013, will be published at the Media and Analyst Conference on 10 March 2014.

Machining segment Mikron Machining is the leading supplier of customized, highly productive machining solutions for the manufacturing of complex, high-precision components made of metal. Customers in the automotive, watchmaking and writing instruments industries account for the majority of the segment's net sales.

Faced with persistent low demand and a continuous decline in orders in hand, the Machining business segment had a difficult first six months. In the second half of the year, however, the ongoing activities of enhancing existing and developing new machinery and tools paid off as various new orders brought about a reversal in this trend. For 2013 as a whole, the Machining business segment achieved an order intake of CHF 125.8 million (previous year: CHF 123.6 million, +2%) and net sales of CHF 125.2 million (previous year: CHF 134.3 million, -7%). The order backlog for the Machining business segment at the end of 2013 rose 13% to CHF 57.6 million compared with the end of 2012 (CHF 51.2 million).

Automation segment Mikron Automation is one of the world's leading manufacturers of customized, highly productive automation solutions for high-precision assembly and testing of products up to hand size. The segment operates primarily in the medical devices, pharmaceuticals, automotive and consumer goods industries.

Thanks to the good level of demand from the medical devices and pharmaceutical industries, particularly in the first six months, Mikron Automation increased its order intake to CHF 121.8 million in 2013 (previous year: CHF 113.0 million, +8%). In contrast, demand from customers in the automotive industry was disappointing, and order volumes in Asia were also below expectations. Mikron Automation's net sales rose to CHF 116.8 million (previous year: CHF 101.2 million, +15%) and its order backlog increased to CHF 65.0 million at the end of the year (previous year: 58.3 million, +11%).

Preliminary volume figures for 2013 financial year, compared to 2012 2013(1) 2012 +/- CHF million Order intake 246.4 236.3 4% - Machining 125.8 123.6 2% - Automation 121.8 113.0 8% Net sales 241.1 235.3 2% - Machining 125.2 134.3 -7% - Automation 116.8 101.2 15% Order backlog 122.3 109.5 12% - Machining 57.6 51.2 13% - Automation 65.0 58.3 11% (1) Divisional financial figures before consolidation --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Brief profile of the Mikron Group The Mikron Group markets machining and automation solutions, enabling customers around the world to master their precision manufacturing processes. Rooted in a culture of Swiss innovation, Mikron is a leading supplier to the automotive, medical devices, pharmaceutical, consumer goods, writing instruments and watch-making industries. The two divisions, Mikron Automation and Mikron Machining, are based in Boudry and Agno, Switzerland, with additional production facilities in Germany, Singapore, China and the United States. The Mikron Group employs approximately 1100 people who work to provide Mikron customers with an experience that reflects over 100 years of leadership in high-performance and high-precision production. Mikron Holding AG is listed on SIX Swiss Exchange (MIKN).

Contact Mikron Management AG, Martin Blom, CFO Mikron Group Phone +41 62 916 69 60, ir.mma@mikron.com Download Media Release www.mikron.com/news Investor Relations Calendar of Events 10 March 2014, 07.00 a.m. - Media release: Publication of the 2013 Annual Report 10 March 2014, 10.00 a.m. - Results press conference, ConventionPoint, SIX Swiss Exchange, Zurich 8 April 2014, 16.00 p.m. - Annual General Meeting 2014, Biel 18 July 2014, 07.00 a.m. - Media release: Semiannual results 2014 Except for the historical information contained herein, the statements in this media release are forward-looking statements that involve risks and uncertainties.

Mikron(R) is a trademark of Mikron Holding AG, Biel (Switzerland).

23.01.2014 News transmitted by EQS Schweiz AG.

The issuer is responsible for the contents of the release.

EquityStory publishes regulatory releases, media releases on the capital market and press releases.

The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies.

The Swiss news archive can be found at www.equitystory.ch/news ---------------------------------------------------------------------------

[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.