DGAP-News

Muehlhan AG: First quarter results of 2016 (news with additional features) - Seite 2

and discontinued operations according to IFRS 5 has been made.

in EUR million                                 1st quarter    1st quarter
                                               2016           2015
Results
Sales                                          59.3           55.3
EBITDA1                                        2.8            1.5
EBIT2                                          1.1            -0.1
EBT3                                           0.7            -0.5
Consolidated earnings after non-controlling    0.2            -0.5
interests
Earnings per share (EUR)                       0.01           -0.02
Cash flow from operating activities            -1.4           -5.9
Capital expenditures                           2.8            2.7

in EUR million 31.3.2016 31.12.2015
Balance sheet
Fixed assets4 53.7 53.1
Equity 66.3 66.0
Equity ratio in % 47 48
Balance sheet total 142.4 138.0

Employees                             31.3.2016                  31.12.2015
Number of employees                   3,087                      2,844

(annual average)

1 EBITDA: Earnings before interest, taxes, depreciation and amortization
2 EBIT: Operating income (Earnings before interest and taxes)
3 EBT: Earnings before taxes
4 Fixed assets: Total of non-current assets less deferred tax assets

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.
We have an established market presence in the four business segments in
which we operate: Ship, Renewables, Oil & Gas and Industry/Infrastructure.
With our workforce of more than 2,800 employees at over 30 locations
worldwide, we generated sales revenues of EUR239 million in 2015. 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]



+++++
Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=NMLJCMYGFD
Document title: Muehlhan AG publishes results for first quarter of 2016

---------------------------------------------------------------------------

06.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------


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


End of News DGAP News Service
---------------------------------------------------------------------------

461127 06.05.2016