DGAP-News: ‘New Balda’ wins orders from prominent customers


DGAP-News: Balda AG / Key word(s): Incoming Orders

‘New Balda’ wins orders from prominent customers

10.07.2013 / 10:38


– Supply agreement with premium-segment US audio company expanded thanks

to innovative Balda technology

– Initial project inquiries from German medical customers for production

in the United States

– Another international medical customer acquired

– Consolidated sales target for 2013/2014: EUR 85 to 90 million

Bad Oeynhausen, 10 July 2013 – The Balda Group, a provider of high-quality

plastics solutions, today announced that following its strategic

repositioning it has won orders from prominent customers. In the Balda

Technical segment, for instance, the partnership with a premium-segment US

audio company was expanded considerably. In addition, an innovative

manufacturing technology is being used for the first time in production at

the Anaheim, California, plant thanks to technology transfer from Germany

to the United States. This involves integrating the surface decoration

directly into the production process to create a high-quality feel for the


The Balda Medical segment is also increasingly benefiting from the

strategic opportunities provided by the acquisition at the end of 2012 of

US-based plastics companies Balda C. Brewer and Balda HK Plastics. Balda

Medical has received its first requests from Balda customers in Europe who

wish to manufacture in the United States. The United States is the world’s

largest market for medical technology products. Balda has medical

production facilities abroad in Anaheim, Ontario and Oceanside, all located

in California in a ‘medical valley.’

Balda Medical has also attracted another international customer with

headquarters in Germany. Balda will manufacture cuvettes for this prominent

manufacturer of medical technology equipment.

Based on the current order situation and the Group’s current portfolio,

i.e. excluding any further acquisitions, the Management Board expects to

report consolidated sales of between EUR 85 and 90 million and an EBITDA

margin (EBITDA as a percentage of sales) in the high single-digit range for

the 2013/2014 financial year (reporting date: 30 June). Both operating

segments are expected to meet the target EBITDA margin of 15% before

intra-Group charges.

Dominik Müser, Chief Executive Officer of Balda AG: ‘The new Balda is an

increasingly attractive partner for global customers in the United States

as well as Europe. It is becoming more and more apparent that the

acquisitions in the United States at the end of 2012 were the right step.

Both US-based companies have contributed positively to Group profit since

their initial consolidation on 1 January 2013. In financial year 2013/2014,

which has just begun, they will again contribute substantially to our

planned revenue growth and to reinforcing the positive earnings performance

of the Balda Group.’


Frank Elsner

Frank Elsner Kommunikation für Unternehmen GmbH

Tel.: +49 – 54 04 – 91 92 0

Fax: +49 – 54 04 – 91 92 29

Mail: office@elsner-kommunikation.de

About Balda

Balda is a provider of first-class solutions for demanding, high-quality

applications in the fields of medical technology, optics, the automotive

industry and other specialist industrial sectors. The Group’s Balda Medical

and Balda Technical operating divisions have operations worldwide, and the

company maintains production facilities in Germany and the USA. The success

of Balda, which employs around 1,000 people, is based on the deployment of

leading-edge, cost-effective technologies, coupled with the trust-based

collaboration with customers. The Balda AG share (ISIN: DE0005215107) is

listed on the SDAX segment of Deutsche Börse. The Group’s financial year

ends on 30 June.



End of Corporate News


10.07.2013 Dissemination of a Corporate News, transmitted by DGAP – a

company of EQS Group AG.

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

DGAP’s Distribution Services include Regulatory Announcements,

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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 News DGAP News-Service


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