Roding, April 29, 2009
The technology group Mühlbauer, a globally acting and independent consultant and manufacturer of innovative security solutions for the TECURITY® market, continues its stable dividend policy: At the eleventh annual general meeting at the company's location in Roding today, the shareholders have accepted the proposal by the administration and decided a dividend payout of EUR 1.00, which equals the previous year's level. Furthermore, the annual general meeting formally approved the action of the personally liable shareholder for the financial year with a large majority and agreed to all items of the agenda.
In his report to the shareholders, Josef Mühlbauer, personally liable shareholder of the company group, drew a positive balance of the financial year 2008: "We have qualified as a reliable partner of numerous governments and authorities and will continue our way to an international leading system partner for complete ID projects." In the financial year 2008, the company invested in the development and expansion of the locations of USA and Slovakia and thus expedited the important internationalization of the group. Mühlbauer also painted a rosy picture of the future: "Thanks to the strong core business Cards & TECURITY®, we have a stable basis for the further development of the company," said Mühlbauer.
On the previous day, the technology group Mühlbauer presented the figures for the first quarter. The sales revenue of EUR 38.1 miliion decreased by 11.7% compared to the same quarter last year and EBIT with EUR 2.4 million was considerably lower than the level of EUR 7.1 million of last year due to exceptional charges. However, the number of new orders increased by 8.3% to EUR 52.5 million owing to the substantial order increase in the Cards & TECURITY® business. The order backlog at the end of the first quarter increased by 23.1%.
*********************************************
Discover the smart world of TECURITY®
The Mühlbauer Group is the only one-stop-shop technology partner for the card, Smart Card, passport/ePassport and RFID industry. With nearly 2,000 employees, technology centers in Germany, Malaysia, the U.S. and Slovakia and a worldwide sales and service network, the Mühlbauer Group is the world’s market leader in innovative systems and software solutions for the production and personalization of cards, passports and RFID applications. Mühlbauer also develops and produces innovative systems such as micro-chip die sorting, flexible solar cells or carrier tape equipment for specific niche applications in the semiconductor back-end area (Semiconductor Related Products), as well as labelling and marking systems for traceability of electronic components (Traceability). Mühlbauer’s Precision Parts and Systems segment produces high precision components both for the manufacturing of its own products and to other manufacturers in sensitive industries such as aerospace, motorsports, medical and semiconductor industry.
*********************************************
For further information please contact:
MÜHLBAUER HOLDING AG & CO. KGaA
Tilo Rosenberger
Corporate Communications
Josef-Mühlbauer-Platz 1
93426 Roding, Deutschland
Tel: +49 9461 952 – 1653F
Fax: +49 9461 952 – 8520
tilo.rosenberger@muehlbauer.de
www.muehlbauer.de
