DGAP-News

M.A.X. Automation Group right on track to start the year 2015

DGAP-News: M.A.X. Automation AG / Key word(s): Quarter Results
M.A.X. Automation Group right on track to start the year 2015

15.05.2015 / 08:28

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PRESS RELEASE

M.A.X. Automation Group right on track to start the year 2015

- Order intake increases by approximately 36% in the first quarter

- Order book position at a record level as per March 31

- Group revenue of EUR 75.6 million around 4% higher than the same
quarter of last year

- Group EBIT before PPA improves by EUR 3.5 million to EUR 1.7 million

- Management Board confirms targets for financial year 2015


Düsseldorf, May 15, 2015 - M.A.X. Automation Group experienced a lively
course of business in the first quarter of 2015 and is thus fully in line
with plan. The company that specializes in high-quality automation
processes for the Industrial Automation and Environmental Technology
segments managed to improve key performance indicators, in some cases
rather significantly, compared to the same quarter of the previous year and
even set a new record for its order book position. Based on how the
business has been developing thus far, the Management Board confirms its
previous targets for the full year 2015.

Key figures for the first quarter of 2015

- Consolidated new order intake amounted to EUR 90.9 million, a 36.5%
increase compared to the same quarter of the previous year (EUR 66.6
million).

- The consolidated order book position per March 31, 2015, reached the
record level of EUR 174.4 million, a 17.8% improvement over the same
day in 2014 (EUR 148.0 million). The book-to-bill ratio of 1.20 also
suggests further growth in sales.

- Group sales increased by 3.5% from EUR 73.0 million to EUR 75.6
million.

- Consolidated earnings before interest and taxes (EBIT) and PPA-related
amortization improved by EUR 3.5 million to EUR 1.7 million. Both the
growth of operations and currency effects contributed to this
performance.

- Earnings for the period, which are usually weaker in the first quarter
in line with seasonal effects, increased to EUR -0.2 million. A
quarterly loss of EUR 2.7 million was posted for the same quarter of
last year.

- Equity amounted to EUR 100.0 million as per March 31. At a solid EUR