BINDER + CO AG
Marked increase in order backlog creates a sound basis for 2015
Gleisdorf/Vienna, April 16th 2015
At yesterday's 16th Annual General Meeting, as expected the Binder+Co AG shareholders took positive note of the presented 2014 financial statements. In a problematic and turbulent market climate, 2014 sales revenues and EBIT fell below the levels of 2013, but order intake improved by 22% to EUR 109.2 million. Moreover, a sizeable rise in order backlog to EUR 57.80 million at the beginning of 2015 (January 1st 2014: EUR 36.59 million) should allow an intensified resumption of the growth course pursued since 2008 and provide a sound basis for further expansion.
Following the approval granted by yesterday's Annual General Meeting, Binder+Co will pay its shareholders a dividend of EUR 0.60 per share for the financial year expired (2013: EUR 0.80). The ex-dividend date is April 20th 2015, and the dividend payment date April 23rd 2015.
Management Board member Karl Grabner: "With the agreed dividend we have underlined our commitment to offer our shareholders reasonable participation in the success of the company, while at the same time taking into account the lower results with the slight reduction as compared to 2013." Karl Grabner is also optimistic with regard to the outlook for the current financial year: "The considerable increase in order backlog with which we started the 2015 financial year permits the expectation that we will be able to return to our growth course."
The Binder+Co Group
Binder+Co is a specialist in the field of processing, environmental and packaging technology and the world market leader in the screening and glass recycling segments. The company was listed on the Vienna Stock Exchange at the end of 2006 and is now part of the Third Market in the mid market segment. The Binder+Co Group consists of Binder+Co AG, the three fully owned subsidiaries Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd., as well as the Statec Binder GmbH joint venture (50.7%).
Inquiries
Karl Grabner, Member of the Management Board
Phone: +43 (0) 3112/800-363
Gleisdorf/Vienna, April 16th 2015
At yesterday's 16th Annual General Meeting, as expected the Binder+Co AG shareholders took positive note of the presented 2014 financial statements. In a problematic and turbulent market climate, 2014 sales revenues and EBIT fell below the levels of 2013, but order intake improved by 22% to EUR 109.2 million. Moreover, a sizeable rise in order backlog to EUR 57.80 million at the beginning of 2015 (January 1st 2014: EUR 36.59 million) should allow an intensified resumption of the growth course pursued since 2008 and provide a sound basis for further expansion.
Following the approval granted by yesterday's Annual General Meeting, Binder+Co will pay its shareholders a dividend of EUR 0.60 per share for the financial year expired (2013: EUR 0.80). The ex-dividend date is April 20th 2015, and the dividend payment date April 23rd 2015.
Management Board member Karl Grabner: "With the agreed dividend we have underlined our commitment to offer our shareholders reasonable participation in the success of the company, while at the same time taking into account the lower results with the slight reduction as compared to 2013." Karl Grabner is also optimistic with regard to the outlook for the current financial year: "The considerable increase in order backlog with which we started the 2015 financial year permits the expectation that we will be able to return to our growth course."
The Binder+Co Group
Binder+Co is a specialist in the field of processing, environmental and packaging technology and the world market leader in the screening and glass recycling segments. The company was listed on the Vienna Stock Exchange at the end of 2006 and is now part of the Third Market in the mid market segment. The Binder+Co Group consists of Binder+Co AG, the three fully owned subsidiaries Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd., as well as the Statec Binder GmbH joint venture (50.7%).
Inquiries
Karl Grabner, Member of the Management Board
Phone: +43 (0) 3112/800-363
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