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Muehlhan AG: publishes first quarter 2015 results - Seite 2

In the Oil & Gas business segment, the company achieved total sales of
EUR12.0 million, considerably higher than the prior-year figure of EUR9.3
million.
At EUR3.8 million, the Wind segment's sales were also higher (by EUR0.5
million) than in the prior-year period.
The Industry and Infrastructure business reported total sales of EUR14.1
million in the first quarter of 2015 (previous year: EUR16.6 million).

Overall, following an expected modest start to the year, Muehlhan posted a
slight loss of
EUR -0.1 million (previous year: EUR0.3 million). Taking into account all
known factors affecting income, the Executive Board confirms its 2015
forecast of earnings before interest and taxes (EBIT) of between EUR4
million and EUR6 million for the full year.

The Company's key financial indicators are shown in the following table:

in kEUR                                        1st Quarter    1st Quarter
                                               2015           2014
Sales                                          55,291         50,815
EBITDA                                         1,481          1,583
EBIT                                           -90            305
EBT                                            -513           -192
Earnings per share (EUR)                       -0.02          -0.01
Consolidated earnings after non-controlling    -450           -240
interests
Cash flow                                      2,562          1,673
                                               31 March 2015  31 December
                                                              2014
Fixed assets                                   51,345         47,567
Equity                                         64,888         61,268
Balance sheet total                            135,135        118,517
Employees (on average)                         2,682          2,675

About Muehlhan: Worldwide, the Muehlhan Group is a reliable partner in
industrial services and high-quality surface protection. As one of the few
full-service providers, we offer our customers a broad range of services
designed to meet the exacting quality standards expected in professional
industrial services. Our customers benefit from our exceptional
organizational skills, on-time delivery, the technical expertise that
differentiates us from our competitors and our more than 130 years of
experience.
Our operations are divided into four business segments: Ship, Wind, Oil &
Gas and Industry. With our workforce of more than 2,600 employees at over
30 locations worldwide, we generated sales revenues of EUR218 million in
2014. We intend to use this stable foundation to further expand our
business in the coming years and to continue moving our Group forward
through proximity to our customers in the global market.
For more information, visit www.muehlhan.com.

Press contact: Muehlhan AG; Tel: [phone]; e-mail:
[e-mail]



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Language: English
Company: Muehlhan AG
Schlinckstrasse 3
21107 Hamburg
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.muehlhan.com
ISIN: DE000A0KD0F7
WKN: A0KD0F
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart; Open Market (Entry Standard)
in Frankfurt


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