AUGUSTA TECHNOLOGIE AG 
By Corporate News
Strong first half of 2011 for AUGUSTA – Guidance confirmed• Sales revenues at EUR 79.9 million, increase of 36%
• Above-average growth in EBITDA to EUR 13.5 million (+41%)
• Acquisition of LMI Technologies Inc. strengthens Vision segment
Munich, August 4, 2011. AUGUSTA Technologie AG (ISIN DE000A0D6612) continued on its growth path in the first half of 2011 and increased its sales revenues, incoming orders and profitability over the previous year. After a very strong first quarter in 2011, the pace of growth slowed down in the second quarter, nevertheless clearly exceeding the last year’s figures.Consolidated revenues rose in cumulative terms to EUR 79.9 million, an increase of around 36 percent on the previous year (EUR 59.0 million). Quarter-on-quarter, at EUR 39.5 million sales revenues in Q2 of 2011 were up23 percent on the previous year (EUR 32.0 million). The Group’s EBITDA saw an above-average increase to EUR 13.5 million, up 41 percent (EUR 9.6 million) on the previous year. The EBITDA margin stood at 16.9 percent. In Q2 of 2011, EBITDA was 32 percent up from the previous year (EUR 5.08 million) to EUR 6.7 million.
Net income for the period increased by 10 percent to EUR 6.2 million (previous year: EUR 5.7 million). Earnings per share came to EUR 0.82 (previous year: EUR 0.75). It should be taken into account that AUGUSTA’s acquisition activities have resulted in increased depreciation due to purchase price allocations (PPA). Excluding the PPA depreciation, net income for the period came to EUR 7.7 million, resulting in earnings per share of EUR 1.01."We are very happy with our business performance so far and the acquisitions we have made this year. We are expecting the extremely high growth rates in the last quarters to return to normal pre-crisis levels. Nevertheless, we may still see above-average growth due to our market positioning and the acquisitions," remarked Amnon Harman, AUGUSTA’s CEO.
Acquisitions in the Vision segment support growth; sensor technology businesses still going strongWhile growth stabilized at a high level in the Vision segment, the late cyclical sensor technology business saw another substantial expansion. Sales revenues in the Vision segment were up 51 percent on the previous year to EUR 31.8 million (previous year: EUR 21.1 million). Sales revenues from the acquired companies P+S Technik, VDS and LMI, which were not included in the previous year, came to EUR 7.7 million in total, taking organic growth to 14 percent. At EUR 9.4 million, EBITDA was up 34 percent on the previous year (EUR 7.0 million), with EBITDA from the acquired companies totaling EUR 0.9 million. In the Sensors segment, sales revenues and profitability saw another upsurge. Sales revenues rose 27 percent in cumulative terms to EUR 48.1 million (previous year: EUR 37.8 million). EBITDA increased disproportionately in relation to sales revenues by 40 percent, reaching a staggering
EUR 6.7 million at the end of the first semester of 2011 (previous year: EUR 4.8 million).Page 1AUGUSTA Technologie AG • Willy-Brandt-Platz 3 • 81829 Munich • +49 - (0)89 - 4357155 - 19 • www.augusta-ag.com
Corporate News Confirmation of guidance for 2011Incoming orders climbed to EUR 86.5 million for the period ending June 30, 2011 and, at that level, were up 24 percent on the previous year. Order book was up roughly 28 percent year-on-year at EUR 65.6 million. "We have good visibility for the months ahead. Despite lower volumes of incoming orders, we already have around 55 percent of our projected sales revenues covered for the second half of 2011. We are expecting robust growth in sales revenues up to the end of the year despite the economic risks and are therefore sticking firmly to our guidance," said Berth Hausmann, AUGUSTA’s Chief Financial Officer.Based on our strong market position and well-filled order book, AUGUSTA is in a position to confirm its
guidance for 2011 with sales revenues ranging from EUR 153 to 163 million and EBITDA from EUR 27 to30 million.
Overview of half-year figures for 2011n EUR million | HY 2010 | HY 2011 | Change |
Sales revenues | |||
Group | 58.96 | 79.89 | +36% |
Sensors | 37.83 | 48.05 | +27% |
Vision | 21.13 | 31.84 | +51% |
EBITDA | |||
Group | 9.59 | 13.53 | +41% |
Sensors | 4.76 | 6.68 | +40% |
Vision | 6.97 | 9.35 | +34% |
Key figures | |||
Incoming orders | 69.94 | 86.46 | +24% |
Order book | 51.19 | 65.57 | +28% |
Net income | 5.67 | 6.22 | +10% |
Earnings per share in EUR | 0.75 | 0.82 | +9% |
Net income before PPA | 6.08 | 7.70 | +27% |
Earnings per share before PPA | 0.80 | 1.01 | +26% |
AUGUSTA Technologie AG • Willy-Brandt-Platz 3 • 81829 Munich • +49 - (0)89 - 4357155 - 19 • www.augusta-ag.com
Corporate News Overview of Q2/2011 figuresn EUR million | Q2 2010 | Q2 2011 | Change |
Sales revenues | |||
Group | 32.02 | 39.51 | +23% |
Sensors | 19.93 | 24.01 | +20% |
Vision | 12.09 | 15.50 | +28% |
EBITDA | |||
Group | 5.08 | 6.69 | +32% |
Sensors | 2.46 | 3.39 | +37% |
Vision | 3.97 | 4.52 | +14% |
Key figures | |||
Incoming orders | 36.47 | 46.29 | +27% |
Stefanie Zimmermann
Investor Relations & Corporate Communications Willy-Brandt-Platz 3, D-81829 Munich Tel.: +49 - (0)89 - 43 57 155 - 19 Fax: +49 - (0)89 - 43 57 155 - 59 E-mail: investor-relations@augusta-ag.comThe CompanyAUGUSTA Technologie AG is an integrated technology group with a focus on the niche markets of digital image processing (Vision) and sensor technology (Sensors).
The Vision business focuses on the supply of digital cameras and optical sensor systems for automation and enhancing quality, safety and efficiency. This business segment addresses a wide range of applications in different industries including manufacturing, health care and transportation technology. Digital film cameras for the media and entertainment market are a new niche segment being addressed. In the Sensors division, the company develops, produces and sells sensor systems for customer-specific applications. The product portfolio ranges from the sale of individual pressure sensors to the development of complex sensor and measuring systems. The main areas of application are medical technology, industrial plant construction, the automotive industry, and the aviation and aerospace industries. AUGUSTA generated sales revenues totaling EUR 129.3 million, and EUR 20.1 million in earnings before interest, tax, depreciation and amortization (EBITDA) in the 2010 financial year,.Page 3AUGUSTA Technologie AG • Willy-Brandt-Platz 3 • 81829 Munich • +49 - (0)89 - 4357155 - 19 • www.augusta-ag.com
