DGAP-Adhoc: Balda AG preliminary results: Revenues increase by around 11 percent in 2008


Balda AG / Key word(s): Preliminary Results

12.02.2009 08:39

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted

by DGAP – a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.


– Revenues at 238.0 million euros (previous year: 215.3 million euros)

– Positive EBIT of 1.4 million euros

Bad Oeynhausen, February 12, 2009 – According to preliminary results, Balda

AG, listed in the Prime Standard of the Frankfurt Stock Exchange, achieved

revenues amounting to 238.0 million euros (previous year: 215.3 million

euros) in its continued operations in 2008. That is an increase of 22.7

million euros or 10.5 percent. In comparison to Q4 2007, revenues in the

infocom business jumped by around 10 percent in Q4 2008.

Taking into account special effects, impairment write-offs and allowances

for accounts receivable, which burdened the result, the Balda Group

recorded an operating result (EBIT) amounting to 1.4 million euros

(previous year: 13.5 million euros) in its continued operations in the

fiscal year 2008. In contrast to 2008 the previous year was characterized

by positive special effects.

At closing date 2008 Balda Medical, being up for sale, Balda

Grundstücksvermietungs GmbH & Co. KG and the Brazilian production sites

have been assigned to the discontinued operations. Touch screen producer

TPK, held as a financial asset since October 2008, is only shown as income

from investments in Q4 2008. This pro rata income contribution was positive

for Q4 2008. TPK revenues amounted to 127.3 million euros in Q4 2008 alone.

Including the discontinued business divisions the Balda Group is expecting

negative earnings before taxes (EBT) for the fiscal year 2008. As of

September 30, 2008 EBT amounted to minus 15.1 million euros.

Balda is publishing its annual report 2008 and final numbers on March 25,

2009. On this day the annual press conference is taking place as well.


Information and Explaination of the Issuer to this News:

Company profile Balda AG

The Balda Group develops and produces highly integrated devices comprising

plastic and electronic components, primarily for the telecommunications

sector. In addition, the company manufactures high-tech components such as

headphones and hands-free sets.

The future is derived from past experience. Balda has developed an active

culture of continuous transformation through the traditions established

within the hundred years of its existence. Since its founding, innovation

and technology have been the significant driving forces of progress and the

guarantors of corporate success. Today, Balda is an internationally

positioned high-tech company with innovative products and a high

performance capacity.

Balda AG, which is registered in the Prime Standard on the German Stock

Exchange, services international brand-name clients in the mobile

telecommunications sector, medical technology and other similar markets.

The Group produces close to its customers’ locations in the expanding

growth markets. With four production facilities, the Group has a strong

position in China and Malaysia. Plants in Brazil and India, as well as the

facility in Germany for Balda Medical, underline the Group’s international

focus. Within the framework of a shareholding in a leading producer of

touch screens in China, Balda is participating in the dynamic development

in the touch-sensitive display sector.

The vision was and is clear: Balda will strengthen its technological

innovations potential and further expand in the promising growth regions of

Asia. Balda will thus achieve the conditions for profitable growth and a

sustainable increase in added value.

* * *

This ad-hoc-announcement includes ‘forward-looking statements’ which are

based on the current expectations of the management of Balda. They are

subject to risks and uncertainty because they relate to events and depend

on circumstances that will occur in the future, such as, for example,

developments in the mobile communications industry, changes in technology

and the ability to timely and successfully develop new products and various

other factors. Balda does not undertake any obligation to update publicly

or revise forward-looking statements except to the extent legally required.

This ad-hoc-announcement is not an offer of securities for sale or a

solicitation of an offer to purchase securities in the United States or

elsewhere. The shares in Balda AG (the ‘Shares’) may not be offered or sold

in the United States or to or for the account or benefit of U.S. persons

(as such term is defined in Regulation S under the U.S. Securities Act of

1933, as amended (the ‘Securities Act’)) unless registered under the

Securities Act or pursuant to an exemption from such registration. The

Shares have not been and will not be registered under the Securities


If you have any questions please contact: Balda AG, Clas Röhl, Phone: +49

5734 922 2728, Fax: +49 69 710456450. Email: croehl@balda.de, Internet:


12.02.2009 DGAP’s 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: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen


Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: info@Balda.de

Internet: www.balda.de

ISIN: DE0005215107

WKN: 521510

Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr

in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service