Press Release
 
Binder+Co AG Management Board enlarged    

Gleisdorf/Vienna, 4 May 2017
 
With effect from the beginning of May, a third member has been added to the Management Board team of the Styria-based machinery and plant manufacturer Binder+Co. The responsibilities of the new appointee Alexander Liaunig comprise finance, controlling and human resources. In addition he has assumed responsibility for Bublon GmbH within the Binder+Co Group.
 
Since 2013, Alexander Liaunig, who has a degree in business administration, has been a member of the Management Board of Liaunig Industrieholding AG, chairman of the Supervisory Boards of Waagner-Biro AG, Waagner-Biro Bridge Systems AG, Waagner-Biro Stahlbau AG and Waagner-Biro Stage Systems AG as well as a member of the Advisory Board of Wild GmbH. With effect from 30 April 2017, he has resigned as member of the Supervisory Board of Binder+Co AG to support the company as a member of the Management Board in the next few years. His successor as Supervisory Board chairwoman is Kerstin Gelbmann, who was appointed to the Supervisory Board of Binder+Co AG in April 2016.
 
Karl Grabner from the Binder+Co Management Board: “For Binder+Co as a medium-sized company, international expansion represents a special challenge to which we have responded with the appointment to the Management Board of a new, third member. We are delighted that with Alexander Liaunig we are able to welcome a team colleague with many years of experience and extensive knowledge of our company.”
 
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 Binder+Co Group consists of Binder+Co AG, the four fully owned subsidiaries Comec-Binder S.r.l., Bublon GmbH, Binder+Co Machinery (Tianjin) Ltd. and Binder+Co USA Inc. as well as the Statec Binder GmbH joint venture (50.7%).
 
Inquiries
Karl Grabner, Member of the Board
Tel.: +43/3112/800-363

Press Release

The Annual General Meeting authorizes the sale of treasury shares by the Management Board 

Gleisdorf, 20 April 2017

At yesterday’s 18th Annual General Meeting, as expected the Binder+Co shareholders took positive note of the presented 2016 financial statements. In a mixed market environment, the group achieved record sales revenues of EUR 120.12 million, although at EUR 4.48 million EBIT was lower than anticipated. The higher order backlog at the end of 2016, totalling EUR 47.25 million, forms a solid basis for the current financial year. 
 
The Annual General Meeting also agreed that from a net profit for the 2016 financial year of EUR 1,775,570.83, the entire amount should be carried forward. Reference was made to the resolution of the 17th Annual General Meeting that from the net profit for 2015 a dividend of EUR 1.49 per eligible share be distributed in two instalments. The payment date for the first of these part-dividends (EUR 0.70 per share) was 21 April 2016 and the second (EUR 0.79 per share) will be paid on 21 April 2017.      
 
Finally, the Binder+Co Board was authorized for a period of 60 months to sell up to 85,548 company-held treasury shares at a minimum price of EUR 12.00 per share. In order to avoid a prospectus requirement, only those shareholders listed yesterday in the Binder+Co share register as holding more than 250 company shares can be considered as prospective buyers.  

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 Binder+Co Group consists of Binder+Co AG, the four fully owned subsidiaries Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd. and und Binder+Co USA Inc., as well as the Statec Binder GmbH joint venture (50.7%).

Inquiries
Karl Grabner, Member of the Board,
Tel.: +43/3112/800-363

Gleisdorf, 21 March 2017

• At EUR 120.12 million, 2016 sales revenues were at a record high
• EBT of EUR 4.48 million failed to live up to expectations  
• Order intake stood at the record level of EUR 122.44 million
• Order backlog of EUR 47.25 million provides a stable platform for 2017

 
Karl Grabner from the Binder+Co Management Board sums up the past financial year as follows: “We look back upon 2016 with mixed feelings because on the one hand, we made considerable gains with regard to sales revenues and order intake and achieved new record figures. However, on the other, EBT did not keep pace with this performance.” 
 
Generally hesitant growth
In 2016, the sales markets of the Gleisdorf-based machinery and plant builder Binder+Co presented a highly disparate picture, although overall there was tentative growth. While demand in the EU was stable, but at a low level, the situation in North America remained positive. The base materials industry continued to show increased demand and potash mining provided strong market impulses worldwide. 
 
New sales record, EBT below expectations
With a 26% rise in consolidated sales revenues to EUR 120.12 million, Binder+Co crossed the EUR 100 million threshold for the first time (2015: EUR 95.50 million). However, owing to intensified competition and the related pressure on margins, EBT was well below expectations at EUR 4.48 million (2015: EUR 5.31 million). 
 
With revenues of EUR 58.61 million (2015: EUR 47.08 million), Processing Technology, which covers the screening, wet and thermal processing, drying and comminution areas, was again the strongest sales segment. The Environmental Technology Segment, which focuses on machinery for the recycling of materials such as glass, paper and plastics, raised its sales to EUR 31.64 million (2015: EUR 23.23 million). Moreover, in 2016 the Packaging Segment was able to enlarge its sales revenues to EUR 29.87 million (2015: EUR 25.19 million).
 
High export quota
In 2016, Binder+Co obtained 93.0% of its sales revenues outside its domestic Austrian market. The EU (excluding Austria) constituted the largest sales market with 40.7% (2015: 36.7%) followed by Asia/Australia with 25.7% (2015: 27.0%). The Rest of Europe, including Russia provided 14.0% (2015: 15.1%), the Americas 7.4% (2015: 9.0%) and Africa 5.2 % (2015: 4.8%).
 
Outlook
Binder+Co assumes that in the coming years the contributions to sales revenues from the Asia/Australia, North and South American regions will increase. Order backlog of EUR 47.25 million at the end of 2016 provides a promising platform for the current financial year during which the company has set itself the target of improving result quality.
 
Binder+Co share
With the expiry of the last trading day on 29 July 2016, Binder+Co withdrew from the stock exchange. This move was the result of the tightening of the market abuse regulations, which for issuers in the Third Market of the Vienna Stock Exchange also means a substantial enlargement of the obligation to supply information.
 
Prior to this, the Binder+Co AG Annual General Meeting held on 12 April 2016 agreed to replace the company’s bearer shares with registered shares and this resolution took effect with entry into the Binder+Co AG company register on 30 July 2016. Subsequently, the bearer shares were exchanged for registered share certificates and the names of the shareholders entered into the Binder+Co AG share register. Among other benefits, this now permits direct communications with all shareholders. Following the conclusion of the substitution and subsequent invalidation declaration process, at the beginning of February 2017 a total of 3,612 shares were declared null and void.   
 
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 Binder+Co Group consists of Binder+Co AG, the four fully owned subsidiaries Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd. and und Binder+Co USA Inc., as well as the Statec Binder GmbH joint venture (50.7%).
 
Inquiries
Karl Grabner, Member of the Board,
Tel.: +43/3112/800-363

Gleisdorf, 3 October 2016
 
At the Binder+Co AG Annual General Meeting held on 12 April 2016, it was agreed to amend company articles §§ 4, 21 and 24 in a manner that would allow the replacement of the company’s bearer shares by registered shares. This amendment to the articles was entered into the Binder+Co AG company register on 30 July 2016, thereby rendering incorrect the content of the bearer shares of Binder+Co AG stockholders, which are securitised by an amendable global certificate with the numbers 1 to 3,750,000 ISIN AT000BINDER3.
 
For this reason, on 1 August 2016, via UniCredit Bank Austria AG, Binder+Co AG requested its stockholders to exchange their deposited bearer shares for effective registered shares by 30 September 2016.

To date not all company stockholders have complied with this request.

Therefore, following receipt of court approval, Binder+Co AG now intends to initiate an invalidation procedure. Via three announcements in the Official Gazette of the “Wiener Zeitung”, pursuant to
§67 Para.2 and §58 Para.2 of the Austrian Stock Corporation Act, those stockholders who have not yet instructed the banks managing their accounts to submit their bearer shares for conversion into registered shares will be urged to hand over their bearer shares for replacement by new registered share certificates in the period from 13 October 2016 (beginning of the day) to 31 January 2017 (course of the day). Any shares, which in spite of the threefold request have not been submitted for exchange into registered shares within the stated deadline by 31 January 2017 (course of the day), will subsequently be declared invalid.

Information regarding the share exchange can also be found on the company website at 
www.binder-co.at under the heading "Binder+Co share".

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 Binder+Co Group consists of Binder+Co AG, the four fully owned subsidiaries Comec-Binder S.r.l., Bublon GmbH, Binder+Co Machinery (Tianjin) Ltd. and Binder+Co USA Inc., as well as the Statec Binder GmbH joint venture (50.7%).

Inquiries
Karl Grabner, Member of the Board
Tel.: +43/3112/800-363

Gleisdorf, 8 September 2016
 
In the first half of 2016, Binder+Co, the Gleisdorf-based, international specialist for processing, environmental and packaging technology, was able to raise its sales revenues to EUR 52.0 million. EBIT was maintained at the level of last year. Order intake was markedly higher at EUR 71.0 million and therefore order backlog amounted to EUR 63.8 million. The Binder+Co management assumes that the sales revenue and income figures for the year as a whole will surpass those of 2015.
 
While sales revenues in H1/2016 were around 27% up on the figure for last year at EUR 52.00 million (H1/2015: EUR 40.95 million), owing to the orders with weaker margins brought in under massive competitive pressure during 2015, at EUR 0.70 million EBIT remained at the level of the previous year (H1/2015: EUR 0.65 million).   
 
Order intake rose by 66% to EUR 71.04 million and thus represented a half-year record (H1/2015: EUR 42.92 million). Moreover, by contrast to last year, it consisted of a blend of profitable single machine business and large volume plant contracts. Order backlog as at 30 June 2016 stood at EUR 63.84 million, which was 14% higher than in the previous year and thus represented an extremely solid figure. 
 
Karl Grabner from the Binder+Co Management Board:
“We were unable to achieve a truly satisfying result in the first half of 2016, but from the beginning of the year order intake has been at a high level and since the end of the first quarter, a turnaround in the result trend is also clearly tangible. Accordingly, for the year as a whole, I anticipate sales and result figures that will both surpass those for 2015.”
 
Moderate increase in workforce numbers, investment spending slightly higher than in the preceding year Binder+Co workforce numbers rose moderately from 385 at the end of 2015 to 394 as at 30 June 2016. Investments in the first half of 2016 amounted to EUR 1.79 million and were thus slightly up on the level of the comparable period of last year. Spending focused on new equipment in the R&D area and after-sales, as well as innovative product development, which enables the group to continually extend its leadership in the fields of dewatering, sorting and packaging technology. 
 
New subsidiary in the USA
The newly founded American subsidiary, which is based in Denver, Colorado, became operative in August. In view of the fact that in North America Binder+Co has already established good business relationships in the cullet recycling area, the new sales unit is initially focusing on the marketing of glass and plastics recycling technology. Subsequently, the other Binder+Co products (BUBLON, drying and screening technology) will be positioned in this important market. The development of the new subsidiary is the responsibility of Johannes Pohl, who was appointed to the Management Board in the autumn of 2015 in order to deal with this and other assignments.
 
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 Binder+Co Group consists of Binder+Co AG, the four fully owned subsidiaries Comec-Binder S.r.l., Bublon GmbH, Binder+Co Machinery (Tianjin) Ltd. and Binder+Co USA Inc., as well as the Statec Binder GmbH joint venture (50.7%).
 
Inquiries
Karl Grabner, Member of the Board
Tel.: +43/3112/800-220

Gleisdorf, 1 June 2016

The conversion of the company’s bearer shares into registered shares was approved at the 17th Binder+Co AG Annual General Meeting held on 12 April 2016. As a result of the switch to registered shares, it is planned to delist the stocks currently traded on the Third Market of the Vienna Stock Exchange.

Binder+Co AG intends to make the related entry in the company register on 29 July 2016 and therefore the share will remain part of Third Market trading at the Vienna Stock Exchange until 28 July 2016.   

The exchange of bearer for registered shares is scheduled to commence on 1 August 2016. Information regarding the delisting and share conversion can be found on the company website at www.binder-co.at under the heading "Binder+Co share".

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 Board
Tel.: +43/3112/800-363

In the first quarter of 2016, Binder+Co, the Gleisdorf-based, international specialist for processing, environmental and packaging technology, was able to increase its sales revenues slightly to EUR 21.97 million. However, at minus EUR 0.75 million EBIT slipped into the red. Nevertheless, owing to record order intake and a solid order backlog, the Binder+Co management assumes that the sales revenue and income figures for the year as a whole will reach those of 2015.

Gleisdorf, 11 May 2016

Although sales revenues in Q1/2016 were around 4% up at EUR 21.97 million and thus slightly exceeded the figure of the preceding year, owing to the orders brought in under massive competitive pressure during 2015, EBIT deteriorated in the traditionally weak first quarter to minus EUR 0.75 million (Q1/2015: EUR 0.35 million). Conversely, order intake was double that of the previous year at EUR 44.00 million and by contrast to 2015, consisted of a blend of profitable single machine business and large volume plant contracts. Order backlog as at 31 March 2016 stood at EUR 66.86 million, which was 22.4% higher than in the preceding year and thus represented a solid figure. 

Karl Grabner, from the Binder+Co Management Board: 
“Naturally enough, I am dissatisfied with the result for the first quarter. Nonetheless, the negative EBIT represents a consequence of the difficult market situation during 2015 and there are already indications of a turnaround. Since the start of this year, order intake has been very good and I am cautiously optimistic that we will be able to raise our 12-month sales revenues and income to the levels of 2015.” 

Order intake markedly higher in all three segments 
In the first quarter of 2016, sales in the Processing Technology Segment, which includes the screening, wet processing, drying and comminution areas, were 47.0% up on the figure for the preceding year at EUR 12.55 million. The losses incurred by Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd., which are subsidiaries allocated to this segment, continued to have a negative impact on this result amounting to minus EUR 0.05 million, but this represented an improvement over the comparable period of last year (Q1­/2015: minus EUR 0.46 million). Order intake showed a considerable increase of 56.3% at EUR 14.35 million and this represented an indication of the greater readiness to invest of the markets served.  

Sales revenues in the Environmental Technology Segment, which focuses mainly on sorting machinery for glass cullet, paper and plastics recycling, amounted to EUR 5.31 million and therefor remained at roughly the level of the preceding year (Q1/2015: EUR 5.22 million). However, segment EBIT was down on the 2015 figure of minus EUR 0.10 million at minus EUR 0.76 million owing to weaker result margins on the plant projects obtained during 2015. By contrast, order intake was more than double that of the comparable period of the preceding year, rising from EUR 6.70 million to EUR 16.17 million.

At EUR 4.11 million, Packaging Technology Segment sales revenues in the first quarter of 2016 lagged well behind the excellent EUR 7.33 million of the previous year. This resulted in a smaller EBIT contribution of EUR 0.06 million, which was also lower than the EUR 0.91 million achieved in Q1 2015. However, order intake developed strongly and at EUR 13.48 million was more than twice that of the first quarter of 2015 (EUR 5.64 million). 

Moderate increase in workforce numbers, investments at the level of the preceding year                                                  
Binder+Co workforce numbers rose from 385 at the end of 2015 to 393 as at 31 March 2016. Investments in the first quarter of 2016 amounted to EUR 0.75 million and thus remained at the level of the comparable period of last year.

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 Board, Tel.: +43/3112/800-363, karl.grabner@binder-co.at

Switch to registered shares as a basis for delisting agreed

Gleisdorf/Vienna, 13 April 2016

At yesterday’s 17th Ordinary Annual General Meeting, as expected the Binder+Co AG shareholders took positive note of the presented financial statements for 2015. In an unsettled market environment sales revenues were raised to a new record level of EUR 95.50 million. EBIT was 38% up on the preceding year at EUR 5.93 million, although this still did not replicate the top figures of previous financial years. The order backlog of EUR 45.06 at the beginning of the year (1.1.2015: EUR 57.80 million) formed a solid basis for the continuation in 2016 of the recent sales upturn.     

For the financial year expired, following approval by yesterday’s AGM Binder+Co will pay its shareholders a dividend of EUR 1.49 per share (2015: EUR 0.60). 21 April 2016 has been determined as the date for the payment of EUR 0.70 for each share bearing a dividend entitlement. The ex-day in 18 April 2016. 21 April 2017 has been determined as the date for the payment of EUR 0.79 for each share bearing a dividend entitlement. The ex-day in 18 April 2017.

Following an amendment to section 4 (Share Capital and Shares) of the Binder+Co AG company articles, it was agreed to convert the current bearer shares into registered shares. This provides a basis for the planned delisting of the shares traded at present on the Third Market of the Vienna Stock Exchange.

During the elections to the Supervisory Board Kerstin Gelbmann was appointed for the first time and the mandates of Alexander Liaunig, Thomas Jost, Nikolaus Schaschl, Veit Sorger and Kurt Berger were renewed. The new board’s period in office terminates with the AGM granting a discharge for the 2020 financial year. During the constituent meeting of the Supervisory Board that followed the AGM, Alexander Liaunig was appointed as board chairman and Thomas Jost as his deputy.    

Management Board member Karl Grabner: “As a result of our stable dividend policy, for the past ten years we have offered our shareholders appropriate participation in company success. We have again underlined this commitment in the current year with a dividend payment of EUR 1.49 per share.” He went on to add: “In future, the Binder+Co share should also remain a dividend-paying stock.”  

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 Board
Tel.: +43/3112/800-363

Gleisdorf, 2 March 2016

At yesterday’s meeting of the Binder+Co Supervisory Board, the Supervisory and Management Boards agreed to present a resolution to the next Annual General Meeting proposing a conversion of the current bearer shares into registered shares.

The preconditions have thus been created for a vote by the shareholders at the 17th Annual General Meeting of Binder+Co AG on 12 April 2016 regarding the change to company articles necessitated by the above measure. The reason for this move is the proposed stiffening of the market abuse regulations planned for July 2016, which will also result in a substantial increase in the information obligations of Third Market issuers on the Vienna Stock Exchange. As a consequence of the switch to registered shares, a delisting of the shares currently traded in the Third Market is planned.

As from today, 2 March 2016, the proposed resolutions can be downloaded from the company homepage www.binder-co under the heading “Investors / Annual General Meeting”.

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 Board
Tel.: +43/3112/800-363

At EUR 95.50 million 2015 sales revenues set a new record  
EBIT up by 38% at EUR 5.93 million
EBIT margin raised from 4.9% to 6.2%
Order backlog of EUR 45.06 million provides a satisfactory basis for 2016

Gleisdorf, 2 March 2016

Karl Grabner, from the Binder+Co Management Board: “Following the conclusion of the unsatisfactory 2014 financial year, we undertook everything possible to revert to our traditional strengths. These aims have been partially realized, as evidenced by sales revenues in 2015 of EUR 95.50 million, which constituted a new record and a roughly 38% improvement in EBIT to EUR 5.93 million. Therefore, although as yet we have not quite reached our final objectives, we have taken a significant step forward.”

A mixed market environment
In general, Binder+Co’s main markets demonstrated hesitant growth during 2015. The industries served by the group continued to show little inclination to invest and particularly in the EU demand remained at a low level throughout the year. This resulted in a further deterioration in margins in the plant engineering area. By contrast single machine business in the USA developed in a positive manner, especially in the recycling segment. There was also stronger demand from the base materials industry and the global potash sector generated a marked increase in demand worldwide. The demand for packaging technology in the petrochemicals industry declined sharply, but remained stable in the foods and feedstuffs industries.    

New sales record, EBIT markedly higher
During the 2015 financial year, the Binder+Co Group had consolidated sales revenues of EUR 95.50 million (2014: EUR 87.94 million) and thus achieved a new record. EBIT amounted to EUR 5.93 million (2014: EUR 4.30 million) and was therefore also considerably higher, although the peak values of previous financial years were still not reached. This was due to more intensive competition in the European market and the negative contributions to the results of three of the subsidiaries purchased or founded in recent years.

Sales growth in all three segments 
In 2015, the Processing Technology Segment, which includes the screening, wet processing, drying and comminution areas, was characterized by increased competition that led to a fall in the attainable margins. Furthermore, the losses at the fully owned Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd. subsidiaries had a negative effect on the segment result. Segment sales revenues amounted to EUR 47.08 million (2014: EUR 46.58 million) and thus constituted 49.3% of total sales revenues (2014: 53.0%). Owing to strong single machine and spare part business results, segment EBIT totalled EUR 2.09 million (2104: EUR 1.01 million). Order intake for the period was down on the record level of 2014 at EUR 42.72 million.  

The demand for Environmental Technology Segment products, which consist mainly of sorting machinery for glass cullet, paper and plastics recycling, strengthened considerably during 2015. This upturn, which was due primarily to the US market, had a positive effect upon result quality. Sales revenues were higher at EUR 23.23 million (2014: EUR 18.87 million) and EBIT rose to EUR 1.00 million (2014: EUR 0.30 million). Order intake also improved notably to EUR 25.45 million.      

The Packaging Technology/Miscellaneous Segment raised its sales revenues in 2015 to EUR 25.19 million (2014: EUR 22.49 million) although its EBIT eased slightly to EUR 2.84 million (2014: EUR 2.99 million). Owing to the fall in the price of crude oil, the propensity to invest in the petrochemicals industry declined sharply with the result that at EUR 18.26 million, order intake was lower than in 2014. 

Asia/Australia becomes the largest sales market for the first time
In 2015 the Binder+Co Group obtained 92.6% of its sales revenues from exports. With a share of sales revenues of 38.1% Asia and Australia became the largest sales market for the first time and was followed by Western Europe (excluding Austria) with 34.0%, while the Americas provided 9.0%, Central and Eastern Europe (CEE and CIS) 6.7% and Africa 4.8% of sales revenues.

Stable demand trend
Binder+Co was able to obtain new orders with a value of EUR 86.43 million in 2015 and therefore as at 31 December 2015, possessed order backlog of EUR 45.06 million, which represented a satisfactory basis for the 2016 financial year.

Binder+Co share price development
Starting from a level of EUR 18.85 at the beginning of 2015 a sizeable price increase led to a high for the year of EUR 21.00 on 9 April. On 21 December the share fell to its yearly low and ended 2015 at EUR 17.50. All in all, the value of the Binder+Co share declined by 7.2% in 2015, but nonetheless remained 175.0% above the value of the initial quotation on 27 December 2006.

Outlook
Binder+Co assumes that sales revenue growth in the coming years will increasingly emanate from Asia and North and South America. At the same time, the sales revenues from key and target accounts are to be expanded worldwide. With order backlog of EUR 45.06 million at the beginning of 2016, it should be possible to maintain the sales growth of last year. 

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 Board
Tel.: +43/3112/800-363
karl.grabner@binder-co.at

Gleisdorf, 2 March 2016

At EUR 95.50 million 2015 sales revenues set a new record  
EBIT up by 38% at EUR 5.93 million
EBIT margin raised from 4.9% to 6.2%
Order backlog of EUR 45.06 million provides a satisfactory basis for 2016

Karl Grabner, from the Binder+Co Management Board: “Following the conclusion of the unsatisfactory 2014 financial year, we undertook everything possible to revert to our traditional strengths. These aims have been partially realized, as evidenced by sales revenues in 2015 of EUR 95.50 million, which constituted a new record and a roughly 38% improvement in EBIT to EUR 5.93 million. Therefore, although as yet we have not quite reached our final objectives, we have taken a significant step forward.”

A mixed market environment
In general, Binder+Co’s main markets demonstrated hesitant growth during 2015. The industries served by the group continued to show little inclination to invest and particularly in the EU demand remained at a low level throughout the year. This resulted in a further deterioration in margins in the plant engineering area. By contrast single machine business in the USA developed in a positive manner, especially in the recycling segment. There was also stronger demand from the base materials industry and the global potash sector generated a marked increase in demand worldwide. The demand for packaging technology in the petrochemicals industry declined sharply, but remained stable in the foods and feedstuffs industries.    

New sales record, EBIT markedly higher
During the 2015 financial year, the Binder+Co Group had consolidated sales revenues of EUR 95.50 million (2014: EUR 87.94 million) and thus achieved a new record. EBIT amounted to EUR 5.93 million (2014: EUR 4.30 million) and was therefore also considerably higher, although the peak values of previous financial years were still not reached. This was due to more intensive competition in the European market and the negative contributions to the results of three of the subsidiaries purchased or founded in recent years.

Sales growth in all three segments 
In 2015, the Processing Technology Segment, which includes the screening, wet processing, drying and comminution areas, was characterized by increased competition that led to a fall in the attainable margins. Furthermore, the losses at the fully owned Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd. subsidiaries had a negative effect on the segment result. Segment sales revenues amounted to EUR 47.08 million (2014: EUR 46.58 million) and thus constituted 49.3% of total sales revenues (2014: 53.0%). Owing to strong single machine and spare part business results, segment EBIT totalled EUR 2.09 million (2104: EUR 1.01 million). Order intake for the period was down on the record level of 2014 at EUR 42.72 million.  

The demand for Environmental Technology Segment products, which consist mainly of sorting machinery for glass cullet, paper and plastics recycling, strengthened considerably during 2015. This upturn, which was due primarily to the US market, had a positive effect upon result quality. Sales revenues were higher at EUR 23.23 million (2014: EUR 18.87 million) and EBIT rose to EUR 1.00 million (2014: EUR 0.30 million). Order intake also improved notably to EUR 25.45 million.      

The Packaging Technology/Miscellaneous Segment raised its sales revenues in 2015 to EUR 25.19 million (2014: EUR 22.49 million) although its EBIT eased slightly to EUR 2.84 million (2014: EUR 2.99 million). Owing to the fall in the price of crude oil, the propensity to invest in the petrochemicals industry declined sharply with the result that at EUR 18.26 million, order intake was lower than in 2014. 

Asia/Australia becomes the largest sales market for the first time
In 2015 the Binder+Co Group obtained 92.6% of its sales revenues from exports. With a share of sales revenues of 38.1% Asia and Australia became the largest sales market for the first time and was followed by Western Europe (excluding Austria) with 34.0%, while the Americas provided 9.0%, Central and Eastern Europe (CEE and CIS) 6.7% and Africa 4.8% of sales revenues.

Stable demand trend
Binder+Co was able to obtain new orders with a value of EUR 86.43 million in 2015 and therefore as at 31 December 2015, possessed order backlog of EUR 45.06 million, which represented a satisfactory basis for the 2016 financial year.

Binder+Co share price development
Starting from a level of EUR 18.85 at the beginning of 2015 a sizeable price increase led to a high for the year of EUR 21.00 on 9 April. On 21 December the share fell to its yearly low and ended 2015 at EUR 17.50. All in all, the value of the Binder+Co share declined by 7.2% in 2015, but nonetheless remained 175.0% above the value of the initial quotation on 27 December 2006.

Outlook
Binder+Co assumes that sales revenue growth in the coming years will increasingly emanate from Asia and North and South America. At the same time, the sales revenues from key and target accounts are to be expanded worldwide. With order backlog of EUR 45.06 million at the beginning of 2016, it should be possible to maintain the sales growth of last year. 

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 Board
Tel.: +43/3112/800-363
karl.grabner@binder-co.at
 

In the first three quarters of 2015, Binder+Co, the Gleisdorf-based, international specialist for processing, environmental and packaging technology was able to further raise both its sales revenues and EBIT. In addition there was marked improvement in the result quality of new business. Therefore, for 2015 as a whole, the Binder+Co management is seeking higher sales revenue and result figures than those of 2013 and 2014.

Gleisdorf, 11 November 2015

At EUR 65.25 million sales revenues in the first three quarters of 2015 exceeded the figure for the same period of last year by around 11%. In addition, EBIT was roughly quadrupled and amounted to EUR 1.92 million. Order intake declined by around 26% to EUR 64.95 million, but as opposed to the previous year was comprised largely of smaller, but more lucrative single machine projects. This also applied to order backlog, which on 30 September 2015 was down on the figure for last year, but remained solid at EUR 53.92 million.       

Karl Grabner from the Binder+Co. Management Board: “We are satisfied with the current Binder+Co financial year, as in the first three quarters of 2015, we were not only able to raise sales revenues and EBIT, but also increase the share of profitable single machine projects in new business. On this platform, it continues to be our aim to attain sales revenues and results that are above the levels of 2013 and 2014.”

The strengths of the Binder+Co Group: three different segments
Sales revenues in the Processing Technology Segment, which is the strongest segment and covers the screening, wet processing, drying and comminution areas, amounted to EUR 29.76 million, which was 8% lower than the 2014 figure. The main reason for this fall was the fact that no large-volume plant projects were cleared in the first three quarters of 2015. However, following negative results in both the previous year and the first half of this year, at EUR 0.11 million EBIT was once again positive. Nonetheless, this figure again mirrors the weak results of the Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd. subsidiaries, which are allotted to this segment. Owing to the intense competition surrounding the allocation of plant projects, order intake was well down on the EUR 47.26 million of the previous year at EUR 29.63 million.      

Sales revenues in the Environmental Technology Segment, which focuses on sorting machines for glass, paper and plastics recycling, were some 25% up on those of the previous year at EUR 17.34 million. However, notwithstanding this rise, in the first three quarters segment EBIT remained negative at minus EUR 0.34 million owing to the completion of plant projects offering weaker result margins (Q1–3/2014: EUR 0.38 million). Order intake rose by around 30% to stand at EUR 19.91 million.

Following a consolidation phase in 2014, the Packaging Technology Segment, which is managed by the independent subsidiary Statec Binder GmbH, was able to raise its sales revenues by roughly 37% to EUR 20.16 million and EBIT by around 60% to EUR 2.15 million. By contrast, at EUR 15.41 million, order intake in the first three quarters of 2015 was some 38% down on the highly positive level of last year.

Workforce numbers steady, investment programme concluded
As at 30 September 2015, the Binder+Co workforce, which numbered 373 at the end of 2014, had increased marginally to 376 employees.  

The long-term investment programme at group headquarters in Gleisdorf was largely completed in 2014. Consequently, in the first three quarters of 2015, at EUR 1.83 million investment spending was considerably lower than that in the comparable period of last year (EUR 6.01 million).

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
Dr. Karl Grabner, Member of the Board
Tel.: +43/3112/800-363

Binder+Co AG Management Board enlarged

Gleisdorf, 26 August 2015

With effect from 1 September 2015, a third member is to be added to the Management Board team of the Styria-based machinery and plant manufacturer Binder+Co. The responsibilities of the new appointee, Johannes Pohl, will not only include the opening up of new markets, in particular in the USA, but also the marketing of new products. The main priority in this connection is the BUBLON process for the production of a purely natural base material for manufacturers in the construction, insulation and soundproofing materials industry.     

A graduate industrial engineer, Johannes Pohl was previously employed in a number of managerial functions at the KOMPTECH recycling machinery production company and among other assignments established the American subsidiary of this globally active group. 

Karl Grabner, from the Binder+Co Management Board: “For Binder+Co as a medium-sized company, international expansion represents a special challenge to which we have now responded with the appointment to the Management Board of a new, third member. We are delighted that with Johannes Pohl we are able to welcome a team colleague with such extensive experience in sales management and strategic market development.”  

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
Dr. Karl Grabner, Member of the Board
Tel.: +43/3112/800-363

In the first half of 2015 Binder+Co, the Gleisdorf-based, international specialist for processing, environmental and packaging technology was able to improve its sales revenues, EBIT and order backlog markedly. The declared aim of the Binder+Co management for the year as a whole is therefore to raise sales revenues and the result for the year to levels that exceed those of 2013 and 2014.

Gleisdorf, 12 August 2015

At EUR 40.95 million sales revenues in the first half of 2015 surpassed the figure for the same period of the last year by around 15% (H1­/2014: EUR 35.76 million). Following negative EBIT of minus EUR 0.49 million in the comparative period of 2014, the first half of 2015 saw Binder+Co again achieve positive EBIT of EUR 0.65 million. The order situation and hence the medium-term outlook also developed satisfactorily and as at 30 June 2015, Binder+Co order backlog stood at EUR 56.12 million, which was slightly higher than the already solid EUR 54.79 million of the preceding year. 

Karl Grabner from the Binder+Co Management Board: “In the first half of 2015, Binder+Co was again able to raise its sales revenues, EBIT and order backlog. We are also extremely satisfied with the order intake situation. The related figure was lower than in 2014, but no longer consisted of large-volume system and plant projects with poor margins and instead was dominated by lucrative single machine projects. All in all, we assume that in 2015 we will be able to lift both sales revenues and income to levels above those of 2013 and 2014.” 

The strengths of the Binder+Co Group: three different segments
Sales revenues in the Processing Technology Segment, which is the strongest segment and covers the screening, wet processing, drying and comminution areas, amounted to EUR 17.12 million, which represented a roughly 42% share of total sales. The 9% decline in sales revenues as compared to the preceding year can be traced to the fact that no large-volume plant projects were cleared in the first quarter of 2015. Moreover, as the subsidiaries allocated to the segment are yet to develop as anticipated, in spite of a marked improvement segment EBIT remained negative at minus 0.58 million. Owing to the lack of large volume system and plant business, order intake was considerably down on the figure for the preceding year at EUR 18.71 million.

Sales revenues in the Environmental Technology Segment, which focuses on classification machines for glass, paper and plastics recycling, were some 28% up on those of the previous year at EUR 11.06 million. Nonetheless, segment EBIT remained negative at minus EUR 0.33 million owing to weaker result margins on the plant projects undergoing completion (H1/2014: EUR 0.07 million). Order intake rose by around 25% to stand at EUR 14.93 million.

The Packaging Technology Segment, which is managed by the independent subsidiary Statec Binder GmbH, was able to increase its sales revenues by roughly 54% to EUR 12.77 million and its EBIT by around 79% to EUR 1.56 million. By contrast, at EUR 9.28 million, order intake was roughly 35% down on the highly positive level of the first half of 2014.

Workforce numbers
Owing to personnel structure streamlining, workforce numbers at Binder+Co fell marginally from 373 at the end of 2014 to 369 as at 30 June 2015.

Investments
As compared to the same period of 2014, Binder+Co Group investments in the first half of 2015 were considerably lower at EUR 1.37 million (H1/2014: EUR 3.33 million). This was due to the fact that the long-term investment programme at group headquarters in Gleisdorf was largely completed in 2014.

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 Board
Tel.: +43/3112/800-363

As compared to the previous year, in the first quarter of 2015 Binder+Co, the Gleisdorf-based, international specialist for processing, environmental and packaging technology, was able to register a slight improvement in all its group key indicators. The Binder+Co management therefore assumes that sales revenues and income for the year as a whole will be higher than the values for 2013 and 2014.

Gleisdorf, 13 May 2015

The positive trend with regard to Binder+Co order intake that has been apparent since the middle of 2014 continued in the first quarter of 2015 due to the more favourable market climate in the USA and intensive marketing activities in Europe. All in all, in Q1/2015, Binder+Co acquired new orders worth EUR 21.52 million and thus surpassed the figure for the comparable period of 2014 by 9.3%.

Karl Grabner, from the Binder+Co. Management Board: “With sales revenues of EUR 21.09 million in the first quarter of 2015, we are 26% up on the past year and have been able to turn negative EBIT of minus EUR 0.74 million into a positive figure of EUR 0.35 million. Especially pleasing however is the order situation and thus our medium-term outlook. As at 31 March 2015, our order backlog stood at EUR 58.23 million and on the basis of the roughly EUR 29.5 million of relevance to 2015, it is our declared aim to raise both sales revenues and income to levels above those of 2013 and 2014.”

The strengths of the Binder+Co Group – Three different segments
Sales revenues in the Processing Technology Segment, which covers the screening, wet processing, drying and comminution areas amounted to EUR 8.54 million, which represented a 40.5% share of total sales. The 7% decline in sales revenues as compared to the preceding year can be traced to the fact that no large-volume plant projects were cleared in the first quarter of 2015. As was the case last year, segment EBIT was negative at minus EUR 0.46 million and once again this related to the losses made by the subsidiaries allocated to the segment, which in 2015 still failed to develop as anticipated. Order intake at EUR 9.18 million was 9% lower than in the previous year. 

Sales revenues in the Environmental Technology Segment, which focuses on sorting machines for glass, paper and plastics recycling, were a notable 29.2% up on those of the previous year at EUR 5.22 million. Nonetheless, segment EBIT remained slightly negative at minus EUR 0.10 million owing to weaker result margins on the plant projects undergoing completion. The bulk of order intake of EUR 6.70 million, which was higher than in the preceding year, consisted of strong single machines, spare parts and services business.

The Packaging Technology Segment, which is managed by the independent subsidiary Statec Binder GmbH, showed the best development, more than doubling its sales revenues in the first quarter of 2015 as opposed to the comparative period of 2014 to EUR 7.33 million. The segment’s EBIT contribution also rose by EUR 0.12 million to EUR 0.91 million, while at EUR 5.64 million, order intake remained at the level of Q1/2014.

Workforce slightly larger
Workforce numbers as at 31 March 2015 totalled 378, having risen marginally from the 2014 year-end figure of 373. This was due largely to the strengthening of the sales structures in all group companies.
 
Investments
The long-term investment programme at group headquarters in Gleisdorf was largely completed in 2014. Therefore, at EUR 0.74 million (Q1/2014: EUR 1.69 million), Binder+Co Group investments in Q1/2015 were considerably lower than in the comparable period of 2014. 

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%).

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%).

2014 sales revenues at EUR 88.0 million slightly down on those of the previous year
EBIT considerably lower at EUR 4.3 million
Bublon GmbH makes a positive contribution to results in only its second business year 
Order intake up by 22% at EUR 109.2 million

Gleisdorf, March 12, 2015

Karl Grabner, from the Binder+Co Management Board: “2014 was certainly not a brilliant year for Binder+Co and both sales revenues and EBIT were below the levels of 2013. On the one hand, this was due to the poor order intake in the first quarter and on the other, to initial losses at our younger subsidiaries. However, a turnaround commenced in the second quarter with a marked improvement in demand and a 22% increase in order intake as compared to 2013 provides a good basis for the current financial year.”

Problematic and inconsistent market environment
Particularly in the EU, demand in the industries served by Binder+Co remained weak in 2014 and almost inevitably this led to a deterioration in result margins, which was especially evident in the plant and systems area. By contrast, Binder+Co experienced strong demand from the global potash processing industry and the North American recycling market.  

Sales revenues and EBIT down on the preceding year                                                               
On the basis of order backlog of EUR 36.59 million at the beginning of the financial year, Binder+Co achieved consolidated sales revenues of EUR 87.94 million in 2014, which were thus 5.5% down on the previous year. The main reason for this decline was the lack of large-volume system and plant orders. EBIT fell from EUR 5.39 million to EUR 4.30 million owing to both the high level of competitive pressure in the markets and branches served in Europe, residual costs derived from the sizeable fluctuations in the use of capacity, and the negative EBIT contributions from the Comec-Binder S.r.l. und Binder+Co Machinery (Tianjin) Ltd. subsidiaries. As a consequence, the EBIT margin declined to 4.9% (2013: 5.8%).  

Processing Technology Segment with new order intake record 
Processing Technology is the strongest segment in terms of sales revenues, but in 2014 its business was characterized by systems orders obtained under price pressure, which resulted in a tangible reduction in result quality. Furthermore, the losses at the Comec-Binder S.r.l. and Binder+Co Machinery (Tianjin) Ltd. subsidiaries, which are reported in this segment, had a negative effect on the segment result. By contrast, the Bublon GmbH was already able to make a positive contribution to results in its second year of business. Segment sales revenues amounted to EUR 46.58 million and thus constituted 52.97% of total sales revenues. Owing to strong single machine and spare part business results, segment EBIT, which was negative in 2013, was clearly positive at EUR 1.01 million. Moreover, order intake stood at a new record level of EUR 57.94 million.  

Environmental Technology Segment under pressure
Demand for Environmental Technology Segment products during 2014 fell short of expectations and in addition competitive pressure increased sharply. Nonetheless, as a consequence of the capture of several plant projects from mid-year onwards, order intake was raised considerably to EUR 20.52 million. Sales revenues were down on the 2013 figure at EUR 18,87 million and therefore in 2014 the Environmental Technology Segment provided 21.46% of total sales revenues. Relatively low result margins on plant and systems projects resulted in an EBIT contribution of only EUR 0.30 million.

Packaging Technology with virtually doubled order intake
In 2014, the independent subsidiary Statec Binder GmbH nearly doubled its order intake to a total of EUR 30.73 million. Segment sales revenues were down on the record level of 2013 at EUR 22.49 million, but remained well above the average of recent years. Moreover, with EBIT of EUR 2.99 million, Packaging Technology again provided a highly significant percentage of group EBIT.

Export business further enlarged
The international share of total sales revenues rose slightly to 94.2%, thus again underlining the enormous importance of export business. With a share of sales revenues of 42.5%, Western Europe (excluding Austria) was once more the largest sales market, followed by Asia and Australia with 26.1%, while Africa provided 9.7%, the Americas 8.5%, Central and Eastern Europe (CEE and CIS) 7.4% of sales revenues.

Demand clearly higher
Binder+Co was able to raise its order intake by 22% to EUR 109.19 million and therefore as at 31 December 2014, possessed an order backlog of EUR 57.80 million for 2015 and subsequent years.

Binder+Co share price development
Starting from a level of EUR 21.40 at the beginning of 2014, during the year the price of the Binder+Co share fell by 11.9% to close at EUR 18.85. It was therefore 188.5% above the value of the initial quotation on 27 December 2006.
 
Outlook
With an order backlog of EUR 57.80 million at the beginning of the year, in 2015 it should be possible to resume the growth course initiated in 2008 with renewed intensity and thus secure a solid basis for further expansion. The objective of the management is to maintain sales growth and result quality at a level above the branch average.

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%).

While during the first three quarters of 2014, the Gleisdorf-based international specialist for processing, environmental and packaging technology was subject to a tangible decline in both sales revenues and results, new business showed a marked increase of 62% over the preceding year.

Gleisdorf, November 12, 2014

In the third quarter of 2014, the upturn in Binder+Co order intake, which was already indicated during the second quarter, continued to gather strength. All in all, in the first nine months of the year new orders with a value of EUR 87.39 million were acquired, thus surpassing the figure for the comparable period of 2013 by 61.6%.

Karl Grabner, from the Binder+Co Management Board: “With sales revenues of EUR 58.92 million, during the third quarter the negative EBIT of the first half-year was turned into a plus of EUR 0.49 million. This is less than we expected, but it does indicate a clear upward trend. At EUR 65.03 million, our order backlog is 157% higher than in the previous year and even though more than half of this total will first be recognized after 2014, the order backlog of relevance to 2014 amounts to some EUR 27.2 million. This underpins our goal of emulating the sales revenues and result figures achieved in 2013.” 

Segments: sales revenues and results down, but more orders across the board
Although slightly weaker than in the preceding year, with EUR 32.11 million Processing Technology was again the strongest segment and provided the largest share of total sales revenues. As in the first half-year, segment EBIT remained negative due both to the losses of the young subsidiaries reported under the segment and the lack of contributions to the result on the part of the parent company. By contrast, order intake based on large plant projects rose by 74.5%.

Sales revenues in the Environmental Technology Segment, which focuses on classification machines for glass and plastics recycling, totalled EUR 13.85 million and were therefore below the level of the preceding year. As a consequence, segment EBIT fell considerably to EUR 0.38 million. The increase in new orders is based largely on high-volume systems business.

The Packaging Technology Segment, which is managed by the independent subsidiary Statec Binder GmbH, also showed a decline in sales revenues and results as compared to the above-average figures for the comparable period of 2013. Nonetheless, order intake in this segment was also up, rising by around 80%.

Constant workforce numbers
By the end of 2013, continuing internationalization had resulted in a considerable increase in the size of the Binder+Co Group workforce to 370. On September 30, 2014, own personnel numbered 373.

Investments
By the end of the third quarter of 2014, Binder+Co had invested a sum of EUR 6.00 million in expansion at the individual Group locations. The focus of this spending continued to be Gleisdorf and related mainly to the construction of the new Group headquarters, which commenced in 2012, and production modernization.

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%). In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity. Moreover, in 2011 it received both the Austrian National Prize for Work Safety for its introduction of special safety measures for apprentices, and the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region. In 2012, the company was also presented with the TRIGOS Styria in the Ecology category for its efforts in the resource conservation area.

Even though the first half of 2014 still brought Binder+Co, the international specialist for processing, environmental and packaging technology, tangible falls in both sales revenues and results, the level of new business recovered considerably.

Gleisdorf, 13 August 2014

The sideways trend in Binder+Co order intake that has been evident for several months was successfully interrupted in the second quarter of 2014. In the first half of 2014, the company was able to acquire new orders with a total value of EUR 53.99 million and thus exceeded the figure for the comparable period of 2013 of EUR 37.95 million by nearly a half (+42.3%). 

Karl Grabner, Member of the Binder+Co Management Board: “It is especially pleasing that in the second quarter we were able to capture an increasing number of system and plant projects. Previously, over a long period our new business was carried by single machine contracts alone. This was still evident in the sales revenues of the first half-year, which at EUR 46.22 million were 22.6% below the 2013 figure. EBIT was therefore also negative at minus EUR 0.49 million. The main reasons were the continuation of weak order intake in the first quarter of 2014, as well as the fact that a major order obtained in 2013, which will extend over several years, will not contribute to sales revenues in 2014. The Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd. subsidiaries, and the parent company were all affected by this negative development.”

Conversely, the order backlog situation and hence the medium-term outlook are both promising. As at 30 June 2014, Binder+Co order backlog totalled EUR 54.79 million, which was a notable 72.0% up on the EUR 31.86 million of the previous year. However, some EUR 23.46 million of this figure will first have an effect on sales revenues in 2015 and the following years.

Segment sales revenues and results lower, but more orders across the board
As the strongest segment, during the period under report Processing Technology provided sales revenues of EUR 18.82 million. Although slightly down, this again represented the largest share of total sales, whereby as in the first quarter the segment result remained negative. The losses suffered by the young subsidiaries allocated to this segment and the lack of result contributions from the parent company continued to be a burden. By contrast, order intake was raised by almost 60% and included larger systems orders.

The sales revenues of the Environmental Technology Segment, which focuses on sorting machines for glass and plastics recycling, totalled EUR 8.65 million and were therefore clearly down on the value of the preceding year. Segment EBIT was just positive and thus also demonstrated a tangible fall. Nonetheless, order intake was raised, mainly through large volume system business.

The Packaging Technology Segment, which is managed by the independent subsidiary Statec Binder GmbH, also showed a downturn in sales revenues and results as compared to the aboveaverage figures for the same period of 2013. However, order intake for the period was raised by around a third and apart from a continuation of positive single machine, spare part and service business, a larger sized systems order was also captured.

Stable outlook
As already mentioned, as at 30 June 2014 Binder+Co oder backlog was 72.0% up on the value for the preceding year at EUR 54.79 million. However, current order backlog contains contracts of around EUR 23.46 million, which will extend beyond 2014. On the basis of an order backlog of around EUR 31.33 million for 2014, the aim of the management continues to be the retention of sales revenues and results at the levels of 2013.

Workforce numbers constant
In 2013, continuing internationalization resulted in a marked increase in the size of the Binder+Co workforce to 370 at year-end. As at 30 June 2014, the company had 369 own employees.

Investments
In the first half of 2014, Binder+Co invested a sum of EUR 3.3 million. The focus of this spending continued to be the construction of the new group headquarters at Gleisdorf, which commenced in 2012.

Binder+Co share price remains solid
During the first six months of 2014 the price of the Binder+Co share, which is traded on the mid market of the Vienna Stock Exchange, fell back by 6.6% from EUR 21.40 to EUR 19.99 and then remained stable.

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%). In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity. Moreover, in 2011 it received both the Austrian National Prize for Work Safety for its introduction of special safety measures for apprentices, and the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region. In 2012, the company was also presented with the TRIGOS Styria in the Ecology category for its efforts in the resource conservation area.

The first quarter of 2014 resulted in a perceptible decline in sales revenues and earnings on the part of the Gleisdorf-based international specialist for processing, environmental and packaging technology. The company had somewhat more success in attracting new business, although demand was also restrained.

Gleisdorf, May 14, 2014

Generally the prevailing trends towards a perceptible dampening of demand and a significant increase in competitive pressure which were already noticeable in 2013, especially in Europe, the
domestic market of Binder+Co, continued in the first quarter of 2014. Nevertheless, in the first three months of the year Binder+Co succeeded in acquiring new orders to the amount of EUR 19.68 million, thus slightly surpassing the level of EUR 19.37 million in the prior-year period. The total order backlog as of March 31, 2014 was EUR 39.53 million, a rise of 5.6% from the previous year (March 31, 2013: EUR 37.43 million). However, this order volume includes a large-scale multiyear order totaling about EUR 18 million which will not yet make any contribution to sales revenues in 2014. For this reason and as a consequence of the retrained order intake in the first quarter, sales revenues of the Group declined by 24.2% to EUR 16.73 million. EBIT reflected this development and was negative at minus EUR 0.74 million.  

Karl Grabner, Member of the Management Board of Binder+Co: “In the first quarter of 2014 we were still confronted with losses generated by the Chinese subsidiary we first established last year as well as our Italian subsidiary. In addition, the parent company has also been unable to make a positive earnings contribution so far this year. This can be mainly attributed to orders we acquired in 2013 at low margin levels as a consequence of the unfavorable market situation. Accordingly, we are in the process of adjusting our own and leasing capacities to reflect the lower sales revenues. With respect to new business, one positive development is that we were contracted right at the beginning of the year to supply another BUBLON facility. This is further evidence that this completely new technology is beginning to establish itself on the market. As this shows, top companies also consistently invest in innovation and further development of their own products, even in economically turbulent times. Moreover, we succeeded in penetrating interesting new markets and customer segments in 2013, such as the coal mining sector in China or potassium chloride (potash) processing in Canada. This not only opens up new potential but enables us to reduce our dependency on our domestic market of Europe.”

Segments: Decreases in sales revenues and earnings, but more orders for the most part
The Processing Technology Segment generated sales revenues of EUR 9.18 million in the first three months of 2014, which was once again the largest though somewhat reduced share of the Group’s sales revenues. However, earnings were negatively impacted by the above-mentioned losses in the young subsidiaries assigned to this segment as well as the lack of a positive earnings contribution from the parent company. In contrast, the order intake of the segment could be increased by a solid 12%. The sales revenue contribution of the Environmental Technology Segment focusing on sorting machines for glass, paper and plastics recycling totaled EUR 4.04 million, a considerable drop from the comparable prior-year figure. Segment earnings were also negative as a consequence of the decline in sales revenues. First-quarter sales revenues of the independent subsidiary Statec Binder GmbH, which coordinates the business of the Packaging Technology Segment, decreased. Segment EBIT was also weaker, whereas the order intake of the segment could be increased by about 25%.

Outlook
As previously mentioned, the order backlog of Binder+Co as at March 31, 2014 was higher than in the previous year, but includes a large-scale multi-year contract in the Processing Technology Segment valued at EUR 18 million which will not make a contribution to sales revenues in the current financial year. The management expects earnings margins to decline due to the difficult economic conditions in Europe. Nevertheless, earnings in 2014 should remain at the previous year’s level due to the disproportionately high share of the business with single machines.

Slight reduction of the workforce
The increasing internationalization of Binder+Co led to an increase in the number of employees of close to 9% to 370 as per the end of 2013, the highest level to date. The workforce declined slightly to 367 as at March 31, 2014, and should continue to decrease slightly in the upcoming quarterly periods.

Further investments at the Gleisdorf site
In the first quarter of 2014 Binder+Co invested a total of EUR 1.692 million. The focus of this spending continued to be the construction of the new Group headquarters at the Gleisdorf site.

The Binder+Co share – Share price maintained
The share price of the Binder+Co share traded on the mid market of the Vienna Stock Exchange increased by 6.5% in the first quarter of 2014 from EUR 21.40 to EUR 22.79. Most recently the Binder+Co share was traded at a price ranging between EUR 22 and EUR 23.

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%). In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity. Moreover, in 2011 it received both the Austrian National Prize for Work Safety for its introduction of special safety measures for apprentices, and the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region. In 2012, the company was also presented with the TRIGOS Styria in the Ecology category for its efforts in the resource conservation area.

Penetration of new market and customer segments proceeds as planned 

Gleisdorf/Vienna, April 10, 2014

Following the approval granted by yesterday’s Annual General Meeting, Binder+Co will pay its shareholders a dividend of EUR 0.80 per share for 2013 (2012: EUR 1.10). The ex-dividend date is April 15, 2014, and the dividend payment date April 18, 2014.

Management Board member Karl Grabner: “Although market conditions continue to be problematic, during 2013 we were again able to tap into important new branches and markets. Other significant highlights included the start of operations at our new location in China, the enlargement of our plant in Gleisdorf and the expansion of our product range. We have thus generated significant impulses for the medium- and long-term growth of our group and with the agreed dividend we have once more underlined our commitment to offer our shareholders reasonable participation in the success of the company. Nonetheless, through the reduction as compared to 2012, we have also taken the lower results into account.”

The AGM also approved the election of Mag. iur. Hubertus Nikolaus Schaschl, MSc to the Supervisory Board. He succeeds DDr. Erhard Schaschl, who with the end of yesterday’s meeting relinquished his Supervisory Board mandate. Mag. iur. Hubertus Nikolaus Schaschl, MSc was therefore appointed to the Supervisory Board until the end of the Annual General Meeting that agrees the discharge for the 2015 financial year. 

In addition, the Management Board reported on the buy-back of own shares, which are offered to all company employees and members of the Management Board in the course of a stock option programme. To date, 129,914 shares, or 3.46% of share capital, have been repurchased. Following the exercise of the entitlements from the stock option programme amounting to 44,366 shares, as at the closing date of April 9, 2014, Binder+Co holds a total of 85,548 own shares, or 2.28% of stock.

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%). In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity. Moreover, in 2011 it received both the Austrian National Prize for Work Safety for its introduction of special safety measures for apprentices, and the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region. In 2012, the company was also presented with the TRIGOS Styria in the Ecology category for its efforts in the resource conservation area.

Gleisdorf, March 6, 2014

2013 sales revenues 6.7% higher at EUR 93 million
2013 EBIT down on the preceding year, but solid at EUR 5.4 million
Packaging Technology raises its sales revenues by 84.3 %
New Chinese subsidiary assembles 23 screening machines in its first year of operation 
New markets and customer segments penetrated 

Karl Grabner, from the Binder+Co Management Board: “For us, 2013 was characterized by medium- and long-term group growth. And by growth we do not simply mean becoming ever larger and achieving annual rises in all our key indicators. Instead, for us growth also involves the targeted adaptation of our structural basis in step with the opening up of new markets and customer segments. Accordingly, against a background of solid, ongoing business development, our focus was on capacity expansion through the start of operations at our new location in China, the enlargement of the Gleisdorf plant and the supplementation of our product portfolio. As a result, although market conditions continued to be difficult, we were again able to tap into important new branches and markets."

An increasingly challenging market environment 
In 2013, the economic environment for Binder+Co’s mechanical engineering business became steadily more difficult. The marked weakening in demand in the EU resulted in a deterioration in result margins, which was particularly evident in the system and plant area. From a Binder+Co perspective, as far as investment decisions were concerned, the construction and construction supply industries were extremely reticent and orders from the iron and steel industry during 2013 also failed to live up to expectations. Furthermore, while the recycling branch demonstrated positive demand levels, competition in this segment intensified, which led to increased pressure on prices. 

Successful penetration of new markets
Nonetheless, in the course of the targeted expansion and spread of its activities during 2013 Binder+Co was able to tap into interesting new markets and customer segments. Successful entry into the Chinese coal mining industry via screening technology products and an increase in Canadian orders for potassium chloride (potash) drying plants provide clear evidence of the growth potential in both sectors. The past year also showed a continuation of the very strong demand in Asia for high-performance packaging technology products.  

Chinese subsidiary already very active in its first business year
In January 2013, the fully owned subsidiary Binder+Co Machinery (Tianjin) Ltd. received a business licence from the Chinese authorities and in May operations commenced at the sales, production and services location in Wuqing. The first business year closed with notable successes, 23 screening machines having been assembled at the new plant and Binder+Co sales in China doubling as a consequence. Initially, the Wuqing operation is to concentrate on the production of screening machines for the Chinese coal mining industry. Subsequently, activities in the Chinese recycling industry are to be stepped up gradually.

Further sales revenue growth, EBIT down on 2012
In spite of demanding conditions, in 2013 Binder+Co raised its sales volumes over the previous year by 6.7% to EUR 93.04 million. A decisive factor in this increase was the steady growth of single machine, services and spare part business. By contrast, a revival in large-volume system and plant orders only commenced in the final quarter of the year. EBIT for the period under report remained solid at EUR 5.39 million, but was 35.9% down on the EUR 8.41 million of the preceding year. In addition to strong competitive pressure in the markets and branches served in Europe, this fall was due primarily to the anticipated initial losses at the subsidiaries currently in the development phase.

As the strongest segment in terms of sales revenues, Processing Technology business in 2013 was characterized by systems orders, which were obtained under price pressure and therefore contributed to a marked reduction in result quality. In addition, the anticipated start-up losses at the Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd. subsidiaries had a negative effect on the segment result. Nevertheless, segment sales amounted to EUR 38.6 million (2012: EUR 42.08 million) and thus constituted 41.5% of total sales revenues. In spite of strong single machine business results, segment EBIT was negative at EUR –2.01 million (2012: EUR 3.09 million). Total order intake in the Processing Technology Segment stood at EUR 55.15 million in the period under review and was therefore notably higher than the figure of the preceding year (2012: EUR 42.12 million).

Demand for Environmental Technology Segment products during 2013 remained good, but there was a sharp increase in competitive pressure. Consequently, although numerous orders were again obtained in the single machine area, order intake was well down on the EUR 28.26 million achieved in 2012 at EUR 17.89 million. With sales of EUR 26.19 million (2012: EUR 29.75 million) the segment provided 28.1% of total revenues. Solid single machine business ensured an EBIT contribution of EUR 3.05 million (2012: EUR 3.52 million).

Following exceptionally high order intake in 2012, the Packaging Technology know-how concentrated in the independent subsidiary Statec Binder GmbH again provided solid order intake in 2013 with contracts worth a total of EUR 16.49 million (2012: EUR 28.15 million). Owing to the excellent order backlog at the beginning of the year, segment sales revenues rose to EUR 28.25 million (2012: EUR 15.33 million), while EBIT totalled EUR 4.35 million (2012: EUR 1.80 million) and thus represented a major contribution to total EBIT.  

Export business continues to be of major significance
Consolidated international sales during the period under review provided 92.2% (2012: 91.1%) of total revenues, thus again confirming the primary importance of export business. With a share of sales revenues of 41.7%, Western Europe (excluding Austria) was again the largest sales market, followed by Asia and Australia with 31.1%, the Americas with 8.6%, Central and Eastern Europe (CEE and CIS) with 7.0% and Africa with 3.8%.

Demand remains low-key
Thanks to an order backlog of EUR 40.16 million, Binder+Co started the 2013 financial year with a sizeable cushion. By contrast, order intake during the first nine months of the year under report remained at a low level of around EUR 18 million per quarter. Only the fourth quarter stood out with EUR 35.45 million, indicating the dispersal of the investment backlog, which had developed in the initial three quarters of 2013. All in all, order intake in 2013 amounted to EUR 89.53 million, which was EUR 9.00 million or 9.1% lower than the value for the preceding year (2012: EUR 98.53 million). As at December 31, 2013, Binder+Co had secured an order backlog of EUR 36.59 million for 2014 and subsequent years.

Binder+Co share price development
During the period under review, the price of the Binder+Co share showed a marked fall, although this followed considerable rises in past years. Starting from a level of EUR 27.50 at the beginning of 2013, during the year the share price fell by 22.2% before closing at a solid EUR 21.40. It was therefore still 214.0% above the value of the initial quotation on December 27, 2006.

Outlook 2014
In view of the fact that, from a Binder+Co perspective, a short-term recovery in the EU cannot be expected, the intensification of overseas market activities, which the company has been pursuing for a number of years, represents an important measure for the securing of sustained, positive group development. With an order backlog of EUR 36.59 million at the beginning of the year, in 2014 the company should be able to continue its growth course on the basis of a secured position.

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%). In 2010,  Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in  2011 received the Austrian National Prize for Work Safety for its introduction of special accident prevention measures for  apprentices. In the same year, the company was also honoured with the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region.

Gleisdorf, November 13, 2013. In the first nine months of 2013, Binder+Co, the international specialist for processing,  environmental and packaging technology, which has its headquarters in Gleisdorf/Austria, was able to raise its sales  revenues by 17.0%. EBIT remained solid at EUR 3.43 million, but owing to initial losses at subsidiaries, which are still in the development phase, was down on the level of the previous year. Conversely, in spite of a continuation of difficult market  conditions, the company was able to make inroads into new markets and customer segments.

Karl Grabner, from the Binder+Co Management Board: “As a result of the successful penetration of new markets and customer segments, during the first three quarters of 2013 we were able to lay a basis for future successes. Owing to the excellent order backlog at the beginning of the year, we succeeded in raising our sales revenues for the period under review by 17.0%. The performance of Packaging Technology was especially encouraging, as it not only doubled its sales revenues, but also provided the largest EBIT of all segments. In view of the initial losses of our young subsidiaries, we can state that overall we closed the first nine months of the year in a generally satisfactory manner with solid EBIT of EUR 3.43 million."

The deterioration in market conditions and the considerable increase in competition, which represented the predominant trend in the first half of 2013, continued in the third quarter.  Consequently, at EUR 54.08 million (Q1–3/2012: EUR 64.90 million) order intake was 16.7% below the figure for the  preceding year. However, on the basis of the excellent order backlog at the beginning of the year, Binder+Co increased its sales revenues by 17.0% to EUR 68.89 million (Q1–3/2012: EUR 58.89 million) and demonstrated good use of capacity. Moreover, although the anticipated, initial losses at the Comec-Binder S.r.l., Bublon GmbH and Binder+Co Machinery (Tianjin) Ltd. subsidiaries placed a burden on EBIT, it remained firm at EUR 3.43 million (Q1–3/2012: EUR 4.98 million). As far as new business was concerned, demand in all three segments continued to focus almost exclusively on single machines and there was practically no interest in systems and plants. Therefore, order backlog at the end of the period under report amounted to EUR 25.30 million, which was 27.3% below the value for the previous year.

Successful entry into new markets
In the first three quarters of 2013, Binder+Co was able to open up interesting new markets and customer segments. For example, entry into the Chinese coal mining market via screening technology products and an increase in drying system orders for potash treatment in Canada, serve as confirmation of the growth potential in both these branches. In addition, the steady demand for high-performance packaging technology from Asia also continued in 2013.

Packaging Technology boom
As the strongest segment in terms of volume, during the first nine months of the year Processing Technology provided sales revenues of EUR 28.18 million and thus the largest share of Group sales. However, its EBIT was burdened by the aforementioned losses from the new subsidiaries, which have all been allotted to this segment. Sales revenues in the Environmental Technology Segment, which focuses on classification machines for glass and plastics recycling, were 5.3% below the figure for the previous year at EUR 19.49 million and the segment result was also down on the excellent comparative total of the previous year at EUR 2.06 million. By contrast, the Packaging Technology Segment, which is managed by the independent subsidiary Statec Binder GmbH, was able to more than double its sales revenues in the first nine months of 2013 to EUR 21.22 million (Q1–3/2012: EUR 10.24 million). On this basis, the segment’s EBIT also rose to EUR 2.83 million (Q1–3/2012: EUR 1.01 million) and represented the largest contribution from allthree segments.

Cautious outlook
Far lower order backlog as compared to the preceding year and the challenging market conditions currently prevailing do not permit any certainty of outlook. In addition, the continuing weaknesses in system and plant business have prompted the management to revise its forecasts for the whole of 2013 to an EBIT margin of around 6–8% based on a slight increase in sales revenues.

Moderate workforce enlargement
Continuing internationalization also involves a moderate  increase in the size of the Binder+Co Group workforce. As at September 30, 2013, this numbered 371, which was 8.5% up on the comparative figure of the previous year.

Investments in key areas
In the first nine months of 2013, Binder+Co invested a sum of EUR 3.57 million at the Gleisdorf location in the construction of the new Group headquarters and the installation of new  production equipment.

The Binder+Co share continues to ease
During the first three quarters of the 2013 financial year, the  price of the Binder+Co share, which is traded on the mid market of the Vienna Stock Exchange, fell back by 27.20% from EUR  27.50 to EUR 20.02.

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%). In 2010,  Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in  2011 received the Austrian National Prize for Work Safety for its introduction of special accident prevention measures for  apprentices. In the same year, the company was also honoured with the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region.

Gleisdorf, August 14, 2013.  In the first half of 2013, Binder+Co, the international specialist for processing, environmental and packaging technology, which has its headquarters in Gleisdorf/Austria, was able to raise its sales revenues by 23.4%, although owing to initial losses at subsidiaries still in the development phase, EBIT was below the level of the previous year at EUR 2.3 million. Once again, solid order intake was achieved in spite of an increasingly difficult market climate.   

Karl Grabner, from the Binder+Co Management Board: “Even though our new subsidiaries placed a burden on EBIT, we concluded the first half-year in a highly satisfactory manner with an increase in sales revenues of 23.4%. Moreover, in recent years we have laid the foundations for the long-term development of Binder+Co through increasing internationalization, as exemplified in the second quarter of 2013 by the start of full operative business at our new Binder+Co Machinery (Tianjin) Ltd. subisidiary. However, it should be added that at present we see a deterioration in market conditions and a marked increase in competitive pressure.”    

During the first half of 2013, the tangible upward trend in Binder-Co order intake of the fourth quarter 2012 eased considerably. All in all, in the first six months of the year, Binder+Co, acquired new orders worth EUR 37.95 million, which constituted a fall of 19.0% over the comparative period of 2012. By contrast, on the basis of the solid order backlog of EUR 40.16 million at the beginning of the year, the group was able to attain sales revenues of EUR 46.22 million in the first half-year, which represented a 23.4% increase (H1/2012: EUR 37.46 million). However, scheduled initial losses at the Comec-Binder S.r.l., Bublon GmbH und Binder+Co Machinery (Tianjin) Ltd. subsidiaries, which are all in the development phase, placed a burden on EBIT, which although at the satisfactory level of EUR 2.33 million was 22.6% down on the figure for the previous year (H1/2012: EUR 3.01 million).

As far as new business was concerned, demand in all three segments continued to focus almost exclusively on single machines to the virtual exclusion of systems and plants. Order backlog as at June 30, 2013 amounted to EUR 31.86 million, which was 16.6% lower than the value for the previous year (June 30, 2012: EUR 38.19 million).

In the first half of 2012, Processing Technology, which is traditionally the strongest segment, again provided the largest share of group sales revenues with EUR 19.46 million. However, its result was negatively affected by the aforementioned, anticipated initial losses from the young subsidiaries allotted to this segment. The contribution to sales revenues of the Environmental Technology Segment, which focuses on sorting machines for glass and plastics recycling, totalled EUR 13.63 million and was therefore 7.2% up on the level of the preceding year. The segment result also surpassed the good 2012 figure. The Packaging Technology Segment, which is managed by the independent subsidiary Statec Binder GmbH, achieved sales revenues of EUR 13.3 million in the first half of 2013. As compared to the same period of 2012, this represented growth of 140.0%, which was also reflected by a notable improvement in the result. In all three segments, the share of high-margin spare part and services business remained constant at a high level.

Solid order backlog provides a positive outlook
Order backlog as at June 30, 2013 stood at EUR 31.86 million and although this figure was down on last year (June 30, 2012: EUR 38.19 million), it still offers a solid basis for further development in the 2013 financial year. The Binder+Co management therefore assumes that sales revenues and the result for 2013 can be maintained at the level of the preceding year.

Workforce enlarged
In the wake of the increasing internationalization of the Binder+Co Group, as opposed to the end of 2012, as at June 30, 2013, workforce numbers had risen by a further 6.5% to 362.   

Further investments at the Gleisdorf location
The new and rebuilding projects commenced at the Gleisdorf location in 2012 continued during H1/2013 with investment amounting to EUR 2.13 million.

The Binder+Co share eases considerably
Following considerable rises in past years, the first half of 2013 saw the price of the Binder share, which is traded on the mid market of the Vienna Stock Exchange, fall by 24.4% from EUR 27.50 at the beginning of the year, to EUR 20.80 at the end of the period under review.

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%). In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in 2011 received the Austrian National Prize for Work Safety for its introduction of special accident prevention measures for apprentices. In the same year, the company was also honoured with the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region.

Gleisdorf, May 15, 2013. In the first quarter of 2013, Binder+Co, the Gleisdorf-based specialist for processing, environmental and packaging technology was able to raise its sales revenues by 26.3%. At EUR 0.94 million, EBIT remained at roughly the level of the preceding year.

Karl Grabner, from the Binder+Co Management Board: “Having achieved an increase in sales revenues of 26%, we can be satisfied with the first quarter of 2013. However, in spite of continued internationalization and the start of full operative business by our new subsidiary, Binder+Co Machinery (Tianjin) Ltd., in the second quarter of this year, Binder+Co is still largely subject to the extremely variable economic environment in Europe.”

In the first quarter of 2013, the clear upward order intake trend of the last three months of 2012 weakened markedly. All in all, Binder+Co acquired new orders totalling EUR 19.37 million, which was 10.2% below the figure for the comparative period of 2012. However, on the basis of excellent order backlog of EUR 40.16 million from the beginning of the year, sales revenues of EUR 22.07 million were obtained in the first quarter, which exceeded the value of the preceding year by EUR 17.47 million, or 26.3%. Notwithstanding the burdens incurred at both Comec-Binder S.r.l. and Bublon GmbH, the Group’s still young subsidiaries, EBIT remained virtually at the level of the previous year (Q1/2012: EUR 1.03 million). Moreover, order backlog stood at EUR 37.43 million, which was 13.7% higher than the total as at March 31, 2012.

In the first quarter of 2013, Processing Technology again provided the largest share of sales revenues with EUR 10.95 million. Sales revenues in the Environmental Technology Segment, which focuses on classification machines for glass and plastics recycling, were 16% up on those of the previous year at EUR 5.93 million. The Packaging Technology Segment, which is managed by the independent subsidiary Statec Binder GmbH, had first quarter sales revenues of EUR 5.19 million in the first quarter of 2013. This represented an increase of 71.3% over the preceding year and a sizeable contribution to the increase in Binder+Co Group sales revenues.  

It is also pleasing that spare parts and servicing business remained strong in all three segments, as this offers sizeable margins.

Good order backlog provides a positive outlook
Order backlog as at March 31, 2013 stood at EUR 37.43 million (March 31, 2012: EUR 32.91 million) and thus forms a solid foundation for further business development in the remainder of the 2013 financial year. The management assumes that sales revenues and the result for the year can at least be maintained at the level of 2012.

Workforce enlarged
In the wake of growing internationalization, the size of the Binder+Co Group workforce also increased. As at March 31, 2013, the workforce totalled 352, which was 3.5% up on the year-end figure for 2012. 

Further investments at the Gleisdorf location
The new and rebuilding projects commenced at the Gleisdorf location in 2012 continued during Q1/2013 with investment amounting to EUR 1.05 million.

Binder+Co-Aktie share somewhat weaker
Having commenced the year at a level of EUR 27.50, by March 31, 2013 the price of the Binder share, which is traded on the mid market of the Vienna Stock Exchange, had fallen back by 8.4% to EUR 25.19.

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%). In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity. Moreover, in 2011 it received both the Austrian National Prize for Work Safety for its introduction of special safety measures for apprentices, and the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in der D-A-CH region.

800x600 Normal 0 21 false false false DE-AT X-NONE X-NONE MicrosoftInternetExplorer4 Thomas Jost, a member of the Liaunig Industrieholding GmbH Board, assumes the chairmanship of Binder+Co AG

Further sales revenue and order intake growth in 2012

Gleisdorf/Vienna, April 11, 2013

As anticipated, Binder+Co AG shareholders took positive note of the 2012 financial statements presented at yesterday’s Annual General Meeting. In an uneven but generally favourable economic climate, the Gleisdorf-based processing, environmental and packaging technology specialist achieved further growth during the past year. Sales revenues in 2012 amounted to EUR 87.16 million and were therefore 6.7% higher than in the preceding year, while at EUR 8.41 million, EBIT remained at roughly the 2011 level of EUR 8.54 million. Moreover, order intake was further expanded, rising 13.8% to EUR 98.53 million. 

Following the approval granted by yesterday’s Annual General Meeting, Binder+Co will pay its shareholders a dividend of EUR 1.10 per share for 2012 (2011: EUR 1.10). The ex-dividend date is April 12, 2013, and the dividend payment date April 16, 2013.

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.”

Following the reappointment of Kurt Berger, Erhard Grossnigg, Alexander Liaunig and Erhard Schaschl, who already sat on the Supervisory Board, Thomas Jost and Veit Sorger were newly elected as Board members. Following the end of their period in office, Herbert Liaunig, the Board chairman to date, and the long-term Board member, Gerhard Heldmann, were no longer available for re-election. The Management Board paid tribute to their services for Binder+Co since the beginning of the 1990s and on behalf of the entire workforce thanked them for their decades of commitment, through which they have exerted a major influence upon the successful development of the company. At its subsequent constituent meeting, the Supervisory Board elected Thomas Jost as its chairman and Alexander Liaunig as vice-chairman. 

The AGM also agreed to a resolution regarding the approval of what is already the company’s third share repurchasing programme and authorized the Management Board to buy back own shares in accordance with Section 65 para 1 subpara 4 of the Austrian Stock Corporation Act for the purpose of issue to employees, managerial staff and members of the Management Board. This authorization is granted for a period of 30 months following approval of the resolution and therefore applies until October 10, 2015.

In the course of the preceding Binder+Co buy-back programmes, 129,914 shares, or 3.46% of share capital have been repurchased. Following the exercise of the entitlements from the stock option programme amounting to 44,366 shares, as at the closing date of April 10, 2013, Binder+Co holds a total of 85,548 own shares or 2.28% of stock.

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 two fully owned subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in 2011 received the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region.

Gleisdorf, March 7, 2013.

Karl Grabner, from the Binder+Co Management Board: “2012 was again a year of growth for  Binder+Co in two regards, as we not only achieved pleasing increases in sales revenues and order intake, but also invested further in internationalization. With the foundation in January 2013 of Binder+Co Machinery (Tianjin) Ltd. we took another important step in our transition from being a Styrian SME into an international company group.”

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Overall the economic environment for Binder+Co’s mechanical engineering business in 2012 presented an extremely varied picture. System and plant business in the Packaging Technology Segments picked up considerably and demand in the Processing Technology and Environmental Technology Segments remained stable, if largely limited to single machine and spare part business.

Sales growth
Binder+Co achieved sales revenues of EUR 87.16 million in 2012, which were thus 6.7% up on the previous year. A decisive factor in this increase was the steady growth of single machine, services and spare part business. EBIT for the period under report amounted to EUR 8.41 million and was therefore only slightly down on the 2011 figure of EUR 8.54 million, whereby the latter was subject to the positive influence of non-periodic income of EUR 1.3 million.

As in the previous year, during 2012 the Processing Technology Segment was characterized by single machines, service and spare part business offering solid margins. By contrast, large-volume system and plant business was subject to massive price pressure and came to a virtual halt in the regions served by Binder+Co. Nonetheless, as a result of the extension of its competence to include comminuting technology, Binder+Co was able to obtain a number of systems orders in both its domestic Austrian and neighbouring German markets. Moreover, the course of business for Comec-Binder S.r.l. in northern Africa was particularly satisfactory. Bublon GmbH, which commenced its marketing activities in 2012, was unable to book any sales revenues. All in all, Segment sales amounted to EUR 42.08 million, which represented 48.3% of total revenues.

Demand in the Environmental Technology Segment during 2012 remained stable. Binder+Co succeeded in acquiring several interesting, international projects with a focus on western Europe. Moreover, the Group’s leading market position was secured by its recently developed sensor units for the identification of the lead content in cullet and the sorting of heat-resistant special glass. With sales of EUR 29.75 million, the Segment provided 34.1% of total revenues.

Owing to the steady expansion of the product range since 2008, in 2012 the Packaging Technology know-how concentrated in the independent subsidiary Statec Binder GmbH experienced a leap in demand, which was reflected by a marked improvement in order intake. Contracts with a total value of EUR 28.15 million were acquired worldwide (2011: EUR 16.20 million) and at the same time Segment sales amounted to EUR 15.33 million (2011: EUR 14.99 million) and therefore represented 17.6% of Group revenues.

Export business continues to be of major significance
Consolidated international sales during the period under review provided 91.1% (2011: 88.9%) of total revenues. With a share of sales revenues of 47.5%, western Europe (excluding Austria) was again the largest sales market, followed by Asia and Australia with 20.5%. Central and eastern Europe (CEE and CIS) provided 9.9% of sales revenues, Africa 9.3% and the Americas 3.9%.

Strong demand in the fourth quarter of 2012
Binder+Co started the 2012 financial year with a good order backlog cushion of EUR 28.83 million. Solid demand in the first three quarters was subsequently followed by new order intake in the fourth quarter of EUR 33.63 million. As a result, order intake in 2012 amounted to EUR 98.53 million, which was 13.8% up on the figure for the preceding year (2011: EUR 86.58 million). Consequently, order backlog as at December 31, 2012 stood at a new record level of EUR 40.16 million.    

Since mid-January Binder+Co is also at home in China
The required documentation for the foundation of the fully owned Binder+Co Machinery (Tianjin) Ltd. subsidiary was submitted in December 2012 and on January 16, 2013, the Chinese authorities promptly issued a business licence, which means that operations can commence at any time.  
The new subsidiary will serve Binder+Co as a sales, service and assembly location and will be used initially for the production of screening machines for the Chinese coal mining industry. However, subsequently the new base is to be used to gradually increase access to the Chinese recycling industry. 

Positive Binder+Co share price development
In line with the ATX, during the period under review the price of the Binder+Co share developed in a most positive manner. Starting from a level of EUR 21.32, the price rose steadily until mid-April and on the twelfth of the month reached a historic high of EUR 32.60. For the rest of the year the share price then moved between EUR 26.00 and EUR 28.00 before closing the year at EUR 27.50,  to be down at EUR 23.20 at the end of February.
800x600 Normal 0 21 false false false DE-AT X-NONE X-NONE MicrosoftInternetExplorer4

The Binder+Co Group
Binder+Co AG 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 two fully owned subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in 2011 received the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region

 Gleisdorf, November 13, 2012. As compared to the same period of the preceding year, during Q1–3/2012, Binder+Co, the international specialist for processing, environmental and packaging technology, which has its headquarters in Gleisdorf/Austria, was able to raise its sales revenues by 10.2%. EBIT and order intake remained stable at the level of the preceding year, totalling EUR 4.98 million and EUR 64.90 million respectively. Order backlog at the end of September 2012 was slightly lower at EUR 34.80 million.

Karl Grabner, from the Binder+Co Management Board: “Our sales revenues in the first three quarters of 2012 showed clear expansion and despite the scheduled losses of our new subsidiaries, EBIT remained stable. We continue to assume that growth will be achieved for the year as a whole, even though order intake in the summer months slowed slightly.”

The tangible upward trend in Binder+Co order intake that commenced in mid-2010 lost some of its momentum during the summer of 2012. Therefore, following the growth of the first half-year, Binder+Co order intake in Q1–3 amounted to EUR 64.90 million and thus remained at the level of the preceding year (Q1–3/2011: EUR 65.07 million). Nonetheless, the solid order intake from the beginning of the year formed the basis for sales revenues of EUR 58.89 million and thus an increase of 10.2% (Q1–3/2011: EUR 53.43 million). Moreover, EBIT remained steady at a solid EUR 4.98 million in spite of the scheduled initial losses at the Comec-Binder S.r.l. and Bublon GmbH subsidiaries, which specialize in comminution technology and the marketing of an innovative technology for the production of a pure and natural base composite for construction materials with outstanding insulation and soundproofing. Order backlog as at September 30, 2012 amounted to EUR 34.8 million, which was 2.3% lower than the 2011 value (September 30, 2011: EUR 35.61 million) and reflected the general economic situation in Europe.

Processing Technology sales revenues and order intake both considerably higher
In the first three quarters of 2012, Processing Technology again provided the largest share of sales revenues with an increase of 23.4% to EUR 28.06 million. This Segment supplies the construction materials, stone and earth industries with machinery for the comminution, screening, thermal treatment and sorting of bulk goods. Due to initial losses at the Group’s newest subsidiaries (Comec-Binder S.r.l., taken over in July 2011 and Bublon GmbH, founded in January 2012), which are both allotted to the Processing Technology Segment, as compared to the preceding year the EBIT contribution fell from EUR 2.26 million to EUR 1.72 million. However, order intake improved markedly, rising to EUR 33.74 million (Q1–3/2011: EUR 19,84 million).

Environmental Technology sales revenues and EBIT both higher
Sales revenues in the Environmental Technology Segment, which focuses on classification machines for glass and plastics recycling, totalled EUR 20.59 million and therefore showed a small increase (Q1–3/2011: EUR 19.96 million). EBIT improved tangibly, rising to EUR 2.25 million (Q1–3/2011: EUR 1.66 million). The marked fall in order intake to EUR 18.66 million (Q1–3/2011: EUR 32.26 million) was the result of delayed decisions regarding the allocation of several large-volume systems contracts.

Packaging Technology remains solid
The Packaging Technology Segment manufactures high-performance open mouth bagging machinery for free flowing bulks such as fertilizers, plastic granulate, seeds, foods, feedstuffs and salts, and is managed by the independent subsidiary Statec Binder GmbH. In the first nine months of 2012, its sales revenues remained stable at the solid level of the preceding year and amounted to EUR 10.24 million (Q1–3/2011: EUR 10.74 million). However, at EUR 1.01 million EBIT fell just short of the good comparative figure for 2011 (Q1–3/2011: EUR 1.06 million). Order intake also developed satisfactorily, for although at EUR 12.50 million it was slightly lower than the EUR 12.97 million of 2011, third quarter business in the spare part and services sector, which offers sizeable margins, remained constant at a high level and was thus responsible for the strong EBIT margin of 9.9%.

Positive outlook for the year as a whole
In spite of the fact that, as compared to the value of the previous year (September 30, 2011: EUR 35.61 million) order backlog as at September 30, 2012 fell marginally by 2.3% to EUR 34.80 million, in view of the stable situation with regard to single machine order receipts and the expectation of large volume systems orders in the near future, the management continues to assume that the overall sales revenues for 2012 will exceed those of the preceding year.

Workforce enlarged
Binder+Co’s expansion strategy also had an effect on employee numbers. As at September 30, 2012, the workforce totalled 342, which was roughly 10% up on the figure for September 30, 2011.

Sizeable investments at the Gleisdorf location
The new and rebuilding projects commenced at the Gleisdorf location in 2011 continued during the first three quarters of 2012 with investment amounting to EUR 5.50 million. The focus of this spending was on a new entrance area, the general renovation of a 5,000 m2 production hall and the purchase of a new laser cutting system.

The Binder+Co share makes considerable gains
Having commenced the year at a level of EUR 21.32, by September 30, 2012 the price of the Binder share, which is traded on the mid market of the Vienna Stock Exchange, had risen by 26.6% to EUR 27.00.

The Binder+Co Group
Binder+Co AG 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 two fully owned subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in 2011 received the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region.

 Gleisdorf, October 16, 2012. Two apprentices from the Styrian mechanical engineering company, Binder+Co, recently captured the winner and runner-up titles at the National Welding Championships and have thus qualified for the up-and-coming World and European Championships.

A Binder+Co apprentice has not only just brought the national title in welding to Gleisdorf, but the runner-up in this category is also a trainee in the apprenticeship scheme of this model Styrian company. As the national champion, Christoph Schmallegger has qualified for WorldSkills 2013, the world trades championships, which will be held in Leipzig/Germany. Franz Auner, the runner-up, will take part in the 2014 European Championships.

Binder+Co is delighted by the splendid success of its trainees, as confirmed by Karl Grabner from the Binder+Co Board: “We would like to sincerely congratulate both apprentices on their outstanding achievements!” This confirms the great value that the company has long attached to the in-house training of skilled workers. Binder+Co is well aware that its apprentices make a major contribution to corporate success. Karl Grabner: “The overall framework at Binder+Co supports this positive development. Moreover, our thanks are also due to Manfred Lafer, the head of our apprenticeship courses, who has a highly positive influence on our youngsters, not only in a specialist regard, but also in connection with communications and social skills.”

Board member, Jörg Rosegger, is equally convinced of the importance of apprenticeships at Binder+Co: “Among other effects, the excellent specialist training of our apprentices helps us with our efforts towards internationalisation. This is because during the creation of our assembly support units in other countries we need extremely well trained skilled workers, as is currently the case in China. Therefore, the ability to recruit this personnel from among our own ranks is a significant advantage.”

The fact that former Binder+Co apprentices assume key positions is demonstrated by numerous employees such as Bruno Egger, the head of production, who laid the basis for his career at Binder+Co with company training as a fitter.
 
The Binder+Co Group
Binder+Co AG 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 two fully owned subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in 2011 received the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region.

Gleisdorf, August 14, 2012. In the first half of 2012, Binder+Co, the international specialist for processing, environmental and packaging technology, which has its headquarters in Gleisdorf/Austria, was able to raise its order intake by 8.8% over the comparable period of 2011. At EUR 37.46 million sales revenues were also up by 11.5%, while at EUR 3.01 million, EBIT remained at the positive level of the preceding year. Order backlog at the end of the first half-year improved by 14.1%.

Karl Grabner, from the Binder+Co Management Board: “We have completed a highly satisfactory first half of 2012 and as we assume that positive demand is set to continue in the coming months, both sales revenues and the result for the entire year should surpass the levels of 2011. In addition, during the current year, business is picking up at both Comec-Binder S.r.l. and Bublon GmbH, our two newest subsidiaries.”

The tangible upward trend in Binder+Co order intake that commenced in mid-2010 continued in the first half of 2012, although its pace was somewhat more moderate than in the preceding year. All in all, Binder+Co acquired new orders worth EUR 46.85 million, which constituted a rise of 8.8% over the comparative period of 2011. On the basis of the solid order intake at the beginning of the year, sales revenues of EUR 37.46 million were obtained and the good figure of EUR 33.59 million for 2011 was thus surpassed by 11.5%. EBIT also remained stable at EUR 3.01 million (H1/2011: EUR 3.03 million), in spite of initial losses at the Group’s two newest subsidiaries comprised by Comec-Binder S.r.l. and Bublon GmbH, which specialize in comminution technology and the marketing of an innovative technology for the production of a pure and natural base composite for construction materials with outstanding insulation and soundproofing characteristics. Order backlog as at June 30, 2012 amounted to EUR 38.19 million, which was 14.1% higher than the value for June 30, 2011 and 32.5% up on the 2011 year-end figure.

Processing Technology makes sizeable gains
In the first half of 2012, Processing Technology again provided the largest share of sales revenues with an increase of 18.6% to EUR 19.27 million. This Segment supplies the construction materials, stone and earth industries with machinery for the comminution, thermal treatment, screening and sorting of bulk goods. Due to initial losses at the Group’s newest subsidiaries (Comec-Binder S.r.l., taken over in July 2011 and Bublon GmbH, founded in January 2012), which are both allotted to the Processing Technology Segment, as compared to the preceding year the EBIT contribution fell from EUR 1.72 million to EUR 1.41 million. However, order intake improved markedly, rising to EUR 24.71 million (H1/2011: EUR 13.92 million).

Environmental Technology sales revenues and EBIT both higher
Sales revenues in the Environmental Technology Segment, which focuses on classification machines for glass and plastics recycling, totalled EUR 12.72 million and were therefore 6.9% up on the level of the preceding year. This facilitated an improvement in EBIT to EUR 1.33 million (H1/2011: EUR 1.10 million). New order volume also increased to EUR 13.83 million (H1/2011: EUR 19.30 million) and not only derived from single machine, spare part and service business, but also systems sales.

Packaging Technology remains solid
The Packaging Technology Segment manufactures high-performance open mouth bagging machinery for free flowing bulks such as fertilizers, plastic granulate, seeds, foods, feedstuffs and salts, and is managed by the independent subsidiary Statec Binder GmbH. In the first half of 2012, its sales revenues remained stable at the level of the preceding year and amounted to EUR 5.47 million. However, EBIT was raised to EUR 0.27 million (H1/2011: EUR 0.21 million). Order intake also developed satisfactorily. Although at EUR 8.31 million it was lower than the EUR 9.86 million of 2011, during the second quarter business in the spare part and services sector, which offers sizeable margins, remained constant at a high level. 

Good order backlog provides a positive outlook
Order backlog as at June 30, 2012 stood at EUR 38.19 million, which was 14.1% up on the comparable value of the previous year (June 30, 2011: EUR 33.46 million). The Binder+Co management assumes that this stable demand trend will continue in the coming months and therefore sales revenues and the result for 2012 will exceed those of the preceding year.

Workforce enlarged
The positive business trend resulted in an increase in employee numbers. As at June 30, 2012, the workforce totalled 327, which was 1.6% up on the year-end figure for 2011. 

Sizeable investments at the Gleisdorf location
The new and rebuilding projects commenced at the Gleisdorf location in 2011 continued during H1/2012 with investment amounting to EUR 4.03 million.

Binder+Co share price gains almost a third
Having commenced the year at a level of EUR 21.32, by June 30, 2012 the price of the Binder share, which is traded on the mid market of the Vienna Stock Exchange, had risen by 31.3% to EUR 28.00.

The Binder+Co Group
Binder+Co AG 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 two fully owned subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in 2011 received the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region.

Gleisdorf, May 10, 2012

In the first quarter of 2012, Binder+Co, the Gleisdorf-based specialist for processing, environmental and packaging technology received 8.6% more orders than in the comparable period of 2011. Sales revenues and EBIT remained at the level of the preceding year. Order backlog rose by 24.1%.

Karl Grabner, from the Binder+Co Management Board:
“We can be satisfied with the first quarter of 2012 and assume that the coming months will continue to show solid demand. If so, sales revenues and the result for the year should exceed those of 2011. In addition, this year business will get under way at both our new Comec-Binder S.r.l. and Bublon GmbH subsidiaries.”

The upward trend in Binder+Co order intake that commenced in mid-2010 continued in the first quarter of 2012, although the increase was somewhat more moderate than in the preceding year. All in all, in the period under report, Binder+Co acquired new orders worth EUR 21.57 million, which corresponded with a rise of 8.6% over the comparative period of 2011. The solid order intake at the beginning of the year enabled the attainment of sales revenues of EUR 17.47 million and thus the retention of the positive level of the previous year (Q1/2011: EUR 17.34 million). In spite of the initial losses at both the new Comec-Binder S.r.l. and Bublon GmbH subsidiaries, EBIT remained stable at EUR 1.03 million (Q1/2011: EUR 1.10 million). Order backlog as at March 31, 2012 amounted to EUR 32.91 million, which represented a 24.1% increase over the value for the previous year and a rise of 14.2% since year-end 2011.
 
Processing Technology remains the strongest source of sales revenues
In the first quarter of 2012, Processing Technology again provided the largest share of sales revenues with an increase of 16.5% to EUR 9.33 million. This Segment supplies the construction materials, stone and earth industries with machinery for the comminution, thermal processing, screening and sorting of bulk goods. Due to initial losses at the new Comec-Binder S.r.l. and Bublon GmbH subsidiaries, which are both allotted to the Processing Technology Segment, as compared to the preceding year the EBIT contribution fell from EUR 0.67 million to EUR 0.43 million. However, order intake was up at EUR 11.86 million (March 31, 2011: EUR 9.03 million)

Environmental Technology shows an increase in EBIT
Sales revenues in the Environmental Technology Segment, which focuses on sorting machines for glass and plastics recycling, were well below the EUR 7.04 million of the previous year at EUR 5.11 million. This was due to a decline in large volume system and plant orders. However, single machine, spare part and service business, which offers solid margins, facilitated a 23.1% improvement in EBIT to EUR 0.48 million. The volume of new orders also increased, rising to EUR 6.22 million (March 31, 2011: EUR 6.04 million).

Packaging Technology continues to make sizeable progress
The Packaging Technology Segment manufactures high-performance open mouth bagging machinery for free flowing bulks such as fertilizers, plastic granulate, seeds, foods, feedstuffs and salts, and is managed by the independent subsidiary Statec Binder GmbH. In the first quarter of 2012, its sales revenues rose by 32.3% to EUR 3.03 million and EBIT trebled to EUR 0.12 million. Moreover, owing to the fact that segment order intake contains a large percentage of contracts in the spare part and services sector, which offers sizeable margins, this figure also developed satisfactorily and amounted to EUR 3.49 million (Q1/2011: EUR 4.80 million).

Good order backlog provides a positive outlook
Order backlog as at March 31, 2012 stood at EUR 32.91 million, which was 24.1% up on the comparable value of the previous year (March 31, 2011: EUR 26.52 million). The management assumes that this stable demand trend will continue in the coming months and therefore sales revenues and the result for 2012 will exceed those of the preceding year.

Workforce enlarged
The positive business trend resulted in an increase in employee numbers. As at March 31, 2012, the workforce totalled 328, which was 1.9% up on the year-end figure for 2011.

Sizeable investments at the Gleisdorf location
The new and rebuilding projects commenced at the Gleisdorf location in 2011 continued during Q1/2012 with investment amounting to EUR 1.66 million.

Binder+Co share gains 43%
Having commenced the year at a level of EUR 21.32, by March 31, 2012 the price of the Binder+Co share, which is traded on the mid market of the Vienna Stock Exchange, had risen by 43.1% to EUR 30.50.

The Binder+Co Group
Binder+Co AG 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 two fully owned subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in 2011 received the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region.

Gleisdorf/Vienna, April 12, 2012

As anticipated, Binder+Co AG shareholders took positive note of the 2011 financial statements presented at yesterday’s Annual General Meeting. In an uneven but generally favourable economic climate, the Gleisdorf-based processing, environmental and packaging technology specialist demonstrated marked growth in 2011. At EUR 81.71 million, sales revenues in 2011 were 29% higher and EBIT rose 18% to EUR 8.54 million. Moreover, order intake was up by 25% to EUR 86.58 million. 
On the basis of solid order backlog of EUR 28.83 million at the beginning of the year, the considerably enlarged product range with new BUBLON technology and the products of Comec-Binder S.r.l., which was consolidated in 2011, as well as the planned strengthening of direct sales in overseas markets, it remains the declared aim of the Binder+Co management that both growth and result quality in 2012 will be well above the branch average.

Following the approval granted by yesterday’s Annual General Meeting, Binder+Co will pay its shareholders a dividend of EUR 1.10 per share for 2011 (2010: EUR 1.00).

The Annual General Meeting appointed the Vienna-based Grant Thornton Unitreu Wirtschaftsprüfungs- und Steuerberatungs GmbH as the auditors for the 2012 financial year.

In principle, the Amendment to the Austrian Companies Act 2011 requires that unlisted corporations alter their stocks from bearer to registered shares. Excluded from this requirement are those companies whose stocks were traded on the Third Market of the Vienna Stock Exchange on August 1, 2011. In order to continue to facilitate the tradability of its shares, Binder+Co AG has claimed this right and will not change its stocks from bearer to registered shares. The corresponding adjustment of the current company articles to the Amendment to the Austrian Companies Act 2011 took place through the approval of the Annual General Meeting to alterations to §§4 and 21.  

The Management Board also reported on the buy-back of own shares, which within the scope of a stock option programme, are on offer to all company employees and members of the Management Board. To date 129,914 shares, which constitute 3.46% of share capital, have been repurchased. Following the exercise of the stock option programme with 32,111 shares, as at April 11, 2012, Binder+Co held 97,803 own shares. 

Management Board member, Karl Grabner: “With the agreed dividend and our stock option programme we have underlined our commitment to offer our shareholders and employees reasonable participation in company success.” 

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 two fully owned subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successful implementation of inventive capacity and in 2011 received the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the top SME in the D-A-CH region.

 Gleisdorf, March 8, 2012.

Karl Grabner, from the Binder+Co Management Board:
“2011 was a year of growth for Binder+Co. We not only considerably improved all our key indicators, but we also greatly boosted our product portfolio and market presence with our two new subsidiaries Comec-Binder S.r.l. and Bublon GmbH.”
 
An inconsistent but nonetheless generally positive market environment
All in all the economic environment for Binder+Co’s mechanical engineering business in 2011 was most positive, although segment development differed greatly. System and plant business in the Environmental and Packaging Technology Segments picked up considerably, while demand remained stable in the Processing Technology Segment, but was limited to single machine and spare part business.

Sales revenues and EBIT well up on the preceding year
Healthy order backlog at the beginning of the financial year and strong order intake of EUR 86.58 million resulted in a 29% increase in sales revenues to EUR 81.71 million (2010: EUR 63.25 million). Decisive in this improvement were large-volume system and plant business in the Environmental Technology Segment, the marked rise in single machine sales in the Packaging Technology Segment, and solid single machine and spare part business in the Processing Technology Segment. EBIT also surged, gaining 18% to stand at EUR 8.54 million (2010: EUR 7.22 million) and owing to a virtually balanced financial result, EBT amounted to EUR 8.54 million (ROSEBT: 10.5%).

Strong EBIT growth in the Processing Technology Segment
In 2011, the Processing Technology Segment, which specializes in drying, screening and sorting for the construction materials, stone and earth industries, was again characterized by single machine business offering solid margins. All in all, Segment order intake amounted to EUR 31,99 million and its sales revenues in the past year to EUR 30.74 million. The resultant EBIT contribution totalled EUR 3.79 million.
    During 2011, demand in the Environmental Technology Segment, which focuses on classification machines for glass and plastics recycling, developed in a particularly satisfactory manner. New order intakes totalling EUR 38.39 million were obtained and the recently developed sensor units for the identification of the lead content in cullet and the sorting of heat-resistant special glass helped to secure Binder+Co’s technological market leadership. Segment sales revenues amounted to EUR 35.98 million and EBIT to EUR 3.29 million.
     The Packaging Technology Segment, which manufactures high-performance open mouth bagging machinery for free flowing bulks such as fertilizers, plastic granulate, seeds, foods, feedstuffs and salts, is managed by the independent subsidiary Statec Binder GmbH. In 2011, Binder+Co’s extensive know-how in this sector created a sizeable leap in demand, which was mirrored by a marked improvement in both sales revenues and income. Orders worth a total of EUR 16.20 million were obtained worldwide and at the same time, Segment sales revenues rose to EUR 14.99 million and the EBIT contribution to EUR 1.46 million. 

Export business continues to be of major significance
The consolidated, international sales revenues of the Binder+Co Group in 2011 represented 88.9% (2010: 87.4%) of total sales revenues, which underlined the massive importance of export business. With a share of sales revenues of 40.5%, western Europe (excluding Austria) was again the largest sales market, followed by central and eastern Europe (CEE and CIS) with 17.8%, Asia and Australia with 17.5%, the Americas with 7.8% and Africa with 5.3%.

Demand in 2011 at a high level
Following a somewhat difficult period due to the economic crisis, Binder+Co started the 2011 financial year in a markedly strengthened position with order backlog of EUR 24.01 million. The company was then able to maintain the positive trend that commenced in 2010 with strong order intakes in all four quarters. All in all, order intake in 2011 amounted to EUR 86.58 million, which was well above the figure for the preceding year (2010: EUR 69.34 million). As at December 31, 2011, Binder+Co had secured an order backlog of EUR 28.83 million.

Good possibilities for growth overseas
The Binder+Co management sees the stepping up of its overseas activities and the continued, intensive support of the key European market as providing good, medium-term opportunities for growth. Of special importance in this regard are Binder+Co’s leadership in the area of sensor technology for the sorting of diverse raw materials, and the thermal treatment of perlite for purposes including the manufacture of top quality insulation and soundproofing materials. Accordingly, the achievement of growth and result quality that are well above the branch average remains one of Binder+Co’s declared managerial objectives.

The Binder+Co share price shows a positive trend
During the period under review the price of the Binder+Co share rose markedly, which was in contrast to the ATX. Starting from a level of EUR 15.90, in the first half of 2011 the share made sizeable gains before demonstrating considerable volatility in the third quarter. At year-end 2011 it stood at EUR 21.32 and as a consequence was 34.1% up on the figure at the beginning of the year and 113.2% above the value of the initial quotation on December 27, 2006. If the dividend payments made are added to this figure, a total shareholder return of 143.6% results.

The Binder+Co Group
Binder+Co AG 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 two fully owned subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successfully implemented inventiveness and in 2011 received the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the most outstanding SME in the D-A-CH region (Germany, Austria, Switzerland).

Gleisdorf, January 16, 2012. The internationally successful Binder+Co AG has started the 2012 financial year with the foundation of a new subsidiary in the shape of Bublon GmbH. This independent company will handle the marketing of BUBLON technology, which Binder+Co unveiled in the autumn of 2011. This technology allows the production of an entirely natural basic composite for the manufacture of building materials with outstanding heat and noise insulation characteristics. As a result of this expansion, the Binder+Co Group now consists of a total of four companies. 

Karl Grabner, from the Binder+Co Management Board: “The foundation of our subsidiary Bublon GmbH, represents a further advance in our growth strategy and a milestone with regard to the marketing of our new BUBLON technology. We envisage extremely interesting market potential for this innovative process, the exploitation of which will provide us with considerable sales revenue growth.” 

Binder+Co’s foundation of Bublon GmbH has created a solid platform for the global marketing of its process for the production of a fully natural basic composite used in the manufacture of building materials, which was presented to a specialist audience in the autumn of 2011. The outstanding noise and heat insulation characteristics in question derive from the expansion of perlite and obsidian, and the use of the “popcorn-like” behaviour of these natural raw materials, which when heated to over 800°C demonstrate an up to 20-fold increase in volume.     

Bublon GmbH will operate as a supplier of complete plants and if required, apart from core BUBLON technology, will also cover the up- and downstream comminution, screening, drying and packaging process phases with Group products. This will open up interesting new market potential in the industrial regions of Europe, the USA, Japan and above all, in future, China.   

Like Comec-Binder S.r.l., which was founded in 2011, Bublon GmbH is owned entirely by Binder+Co AG. The sales revenues and results of these two subsidiaries are allocated to the Processing Technology Segment. 

The Binder+Co Group
Binder+Co AG 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 two fully owned subsidiaries Comec-Binder S.r.l. and Bublon GmbH, and the Statec Binder GmbH joint venture. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its successfully implemented inventiveness and in 2011 received the Best Open Innovator Award of the Zeppelin University Friedrichshafen as the most outstanding SME in the D-A-CH region (Germany, Austria, Switzerland).

Gleisdorf, November 16, 2011. Binder+Co, the specialist for innovative machinery and plants in the fields of processing, environmental and packaging technology from Gleisdorf in Austria, completed Q1–3/2011 with marked increases in both sales revenues and EBIT. Order intake developed in an equally dynamic manner and workforce numbers also rose. Moreover, solid order backlog points to a satisfactory result for the year as a whole.  

Karl Grabner, from the Binder+Co Management Board is clearly pleased: “The dynamism of recent months continued during the third quarter of 2011. As a consequence, up to now the current financial year has proceeded in a more than satisfactory manner. On the basis of the positive order situation, we anticipate a marked improvement in sales revenues and results for the year as a whole.”   

For the internationally successful Binder+Co, the first three quarters of 2011 were characterized by a continuing upward trend with regard to order intake. The orders received in 2011 with a volume of EUR 65.07 million represent an increase of 33.0% over the comparable period of 2010. In addition, owing to positive order backlog at the beginning of the year and solid order intake, sales revenues were 31.2% higher at EUR 53.43 million (Q1–3/2010: EUR 40.71 million). On this basis, EBIT improved to EUR 4.98 million (Q1–3/2010: EUR 4.08 million).

While the Processing and Packaging Technology Segments were characterized by a growing number of single machine projects, the bulk of order intake in the Environmental Technology Segment consisted of longer-term plant and system business. All in all, order backlog as at September 30, 2011, stood at EUR 35.61 million and was therefore up by more than a third on the figure of EUR 26.14 million from the previous year. 

Strong growth in all production segments
In Q1–3/2011, the Processing Technology Segment, which specializes in drying, screening and sorting machinery for the construction materials and minerals industries, again provided the largest share of total sales revenues with EUR 22.73 million (Q1–3/2010: EUR 19.33 million). On the back of strong single machine and spare part business, the Segment’s EBIT contribution amounted to EUR 2.26 million and was thus markedly higher than the value of the preceding year (Q1–3/2010: EUR 1.63 million). As at September 30, 2011, order intake stood at EUR 19.84 million (Q1–3/2010: EUR 19.99 million) and continued to derive entirely from single machine, spare part and service business.

At EUR 19.96 million, sales revenues in the Environmental Technology Segment, which focuses on sorting machines for glass and plastics recycling, were clearly up on those of the preceding year (Q1–3/2010: EUR 15.01 million). However, the EBIT total of EUR 1.66 million was down on the preceding year (Q1–3/2010: EUR 2.12 million) as a result of the fact that an increasing number of complete plant projects with lower margins were cleared. New contracts worth EUR 32.26 million (Q1–3/2010: EUR 20.61 million) also consisted largely of complete systems and numerous projects involving the upgrade of existing plant capacity.

During the first three quarters of 2011, Binder+Co’s Packaging Technology Segment, which manufactures high-performance open mouth bagging machinery, achieved sales revenues of EUR 10.74 million (Q1–3/2010: EUR 6.37 million) and thereby again confirmed its positive development since 2008. The Segment’s EBIT contribution rose to EUR 1.06 million, which was treble the EUR 0.33 million of the previous year. Order intake improved in an equally positive manner, rising to EUR 12.97 million and thus exceeding the EUR 8.32 million of the preceding year by roughly 56%.

Solid demand ensures a positive outlook for 2011
Binder+Co order backlog as at September 30, 2011, stood at EUR 35.61 million, which was 36.2% higher than the comparable value of the previous year (September 30, 2010: EUR 26.14 million). On the basis of this positive demand trend, the executive management anticipates that the sales revenues and result for the current financial year will clearly surpass the 2010 values. 

Workforce numbers boosted considerably
The upturn in the key financial indicators was reflected by a major increase of 33.5% in employee numbers to 311 as at September 30, 2011.

The Binder+Co share price demonstrates a positive trend overall
Following a clearly upward trend in the first half of 2011, in the third quarter of the year, the shares traded in the mid market of the Vienna Stock Exchange demonstrated great volatility. Having commenced 2011 at a level of EUR 15.90, by September 30, the Binder+Co share price had risen to EUR 19.90, which corresponded with an increase of around 25%. To date, the high for the year amounted to EUR 24.90.

The Binder+Co Group
Binder+Co AG 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. In 2010, Binder+Co was awarded the Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant special glass from recycling cullets. Moreover, the Binder+Co Group recently expanded its product range in the comminuting technology area through the incorporation of Comec-Binder S.r.l.

Gleisdorf, October 13, 2011. Today, the innovative machine and complete systems manufacturer Binder+Co, recently granted the Open Innovation Award in Berlin, presents its latest development to the wider audience of research and industry: BUBLON – an optimised method for producing an all-natural lightweight material and filler with significantly improved properties in comparison to conventional methods. The president of the Chinese Perlite Association, amongst others, is also attending the ceremonial presentation of the first BUBLON plant in Gleisdorf.

"Our success in recent years is based on the consistent implementation of new ideas as well as the pursuit of a meaningful supplement and expansion of our product range: BUBLON combines both, creating an innovative method that fits perfectly into our portfolio, as the upstream and the downstream process steps are already among our core competencies. We see very attractive market potential for this technology, whose development would bring us a significant increase in sales", explains Karl Grabner, member of the Management Board of Binder+Co.

"Popcorn" with excellent insulation properties
Due to the trace water contained in the starting material, perlite and obsidian multiply their volume up to 20-fold when heated. Similar to the fabrication of popcorn, BUBLON uses this feature of the raw materials, which exist in large quantities, to produce an excellent base for the manufacture of building materials with superb insulation properties. In conjunction with the corresponding binders, the innovative "popcorn" produced in BUBLON plants can be processed into insulation plates or lightweight materials, like (insulation) plaster and (thermal insulation) mortar as well as used in cavities of concrete block to improve the level of insulation.

Binder+Co's latest product innovation is based on an invention developed by a joint Austrian-Chinese team. In China, it already is a successfully applied procedure, whose rights of use Binder+Co has secured.

Significant advantages over conventional methods
"Perlite popcorn" produced with conventional methods has strong hygroscopic properties, which, together with its low dimensional stability as well as low strength, are responsible for this product only being of limited use for the construction and insulating material industries.

The expanded perlite, manufactured with BUBLON plants, is well suited for further processing into plates and molded parts due to its low water absorption and closed surface. Furthermore, the new method allows to specifically adjust the bulk density as well as the strength of the granules, and is also characterised by a significantly lower energy consumption.

Open Innovation at Binder+Co
The development of BUBLON in Gleisdorf is carried out in close cooperation with the Chinese partner Chi-Che Euro-Technic, the Leoben University of Natural Resources and Applied Sciences and the FH Joanneum University of Applied Sciences. Therefore, a pilot plant has been built at Binder+Co's headquarters in Gleisdorf, which not only serves the further optimisation of the new method, but is also already being used for experimental purposes by the first potential customers.

Perfect integration into Binder+Co's product portfolio
Before BUBLON is used, the raw material must be comminuted, screened, dried and the finished product also packaged. As these steps have been among the core competencies of Binder+Co, BUBLON integrates optimally into the existing product portfolio.

Potential BUBLON customers include the construction industry, brick, ready-mix plaster and insulation panel manufacturers as well as the fire protection and industrial soundproofing industry.

The Binder+Co Group
Binder+Co AG 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. Binder+Co was awarded the 2010 Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant special glass from recycling cullets. Moreover, the Binder+Co Group recently expanded its product range in the comminuting technology area through the incorporation of Comec-Binder S.r.l.

Gleisdorf, September 30, 2011. Binder+Co, the innovative machine and plant manufacturer from Gleisdorf, Austria, has won the Open Innovation Award in the category "Best SME". Tuesday night, board member Karl Grabner received the prestigious trophy at the second Open Innovation Conference of Handelsblatt in Berlin.

"In recent years, we have been proud to receive several awards, with last year's Austrian National Innovation Prize being a landmark appreciation of our approach to innovation. We are particularly delighted and honoured that a medium-sized Styrian enterprise could win a transnational prize such as the Open Innovation Award in Berlin", explains Karl Grabner, member of the Management Board of Binder+Co

In her encomium, Prof. Ellen Enkel of the Zeppelin University in Friedrichshafen praised the exemplary implementation of Open Innovation at Binder+Co. Its most important elements are generating ideas via close cooperation with key customers, using the expertise of various universities, research institutions, suppliers and competitors as well as the market introduction of new products through customer partnerships. Last, but certainly not least, the Open Innovation philosophy is an important part of Binder+Co's strategic approach.

Under scientific monitoring of the Zeppelin University Friedrichshafen, representatives of Henkel AG, Procter & Gamble Service GmbH, Osram AG and Deutsche Telekom AG formed the high-calibre jury for this award, which includes Germany, Austria and Switzerland.

This year, the Open Innovation Award was presented for the second time during the Open Innovation Conference of Handelsblatt, the largest German-language business and financial newspaper. Besides Binder+Co, the Schäffler Group ("Best Overall Concept") and BDF Beiersdorf ("Best Partnering Concept") were also awarded.

The Binder+Co Group
Binder+Co AG 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. Binder+Co was awarded the 2010 Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant special glass from recycling cullets. Moreover, the Binder+Co Group recently expanded its product range in the crushing technology area through the incorporation of Comec-Binder S.r.l.

Gleisdorf, August 17, 2011. Binder+Co, the innovative machine and plant manufacturer from Gleisdorf in Austria, closed the first half of the 2011 financial year in successful manner. Company sales revenues were 31% higher at EUR 33.59 million and EBIT was 35% up at EUR 3.03 million. Order intake rose by 45% to EUR 43.08 million and order backlog increased by 53% to EUR 33.46 million. In addition, Binder+Co continued its group expansion with the acquisition of the Italian mechanical engineering company Comec. 

In view of these facts, Karl Grabner, from the Binder+Co Management Board is well pleased: “We can not only reflect with satisfaction on a successful first half-year in 2011, but the upturn in order intake also allows us to view the future with optimism.”

In the first half of 2011, Binder+Co, which is an internationally successful specialist in the fields of processing, environmental and packaging technology, was able to maintain the upward order intake trend, which commenced in the middle of 2010. All in all, in the period from January to June 2011, the company captured new orders worth EUR 43.08 million, which as compared to the figure for the first six months of the last year represented an increase of 45.4%. On this basis, Binder+Co achieved a marked increase in sales revenues to EUR 33.59 million (H1/2010: EUR 25.72 million). EBIT also improved considerably over the preceding year, rising to EUR 3.03 million (H1/2010: EUR 2.24 million).

This positive development derived from single machine, spare part and service business offering healthy margins. Therefore, the shift away from large-volume, longer-term system and plant business towards short-term, single orders, which commenced with the economic crisis in the preceding years, was prolonged. However, the Environmental and Packaging Technology Segments again obtained more extensive system orders during the first half of 2011. 

Clear upturn in all product segments
With sales revenues of EUR 16.25 million, the Processing Technology Segment, which specializes in drying, screening and sorting machinery for the construction materials and minerals industries, again provided almost a half of total company revenues in the first six months of 2011 (H1/2010: EUR 13.18 million). Borne by solid single machine and spare part business, the Segment’s EBIT contribution rose to EUR 1.72 million and was thus markedly higher than that of the preceding year (H1/2010: EUR 1.11 million). Order intake increased to EUR 13.92 million (H1/2010: EUR 9.65 million) and continued to derive mainly from single machine, spare part and service business. 

At EUR 11.90 million, sales revenues in the Environmental Technology Segment, which focuses on sorting machines for glass and plastics recycling, were well up on the preceding year (H1/2010: EUR 8.30 million). Accordingly, Segment EBIT also improved to EUR 1.10 million (H1/2010: EUR 0.89 million). Order intake in the first six months of 2011 continued to consist largely of complete systems and numerous projects involving the enlargement of existing capacity. The first half of 2011 also witnessed a considerable strengthening of order intake from the solid level of the previous year to EUR 19.30 million (H1/2010: EUR 13.93 million). 

During the first half of 2011, the Packaging Technology Segment, which manufactures high-performance open mouth bagging machinery, had sales revenues of EUR 5.44 million (H1/2010: EUR 4.24 million) and thus confirmed its positive progress since 2008. The mixture of single machine orders with healthy margins and the completion of large-volume systems orders from 2010 provided an EBIT contribution of EUR 0.21 million, which corresponded with the EUR 0.24 million of last year. Order intake developed in a highly positive manner and with a total of EUR 9.86 million, surpassed the 2010 value of EUR 6.05 million by EUR 3.81 million. Spare part and service business in the first six months of 2011 was also well up on that for the comparable period of 2010.

Marked improvement in the order situation
Binder+Co order backlog at the end of June 2011 stood at EUR 33.46 million, which was 53.1% higher than the comparable figure for the preceding year (June 30, 2010: EUR 21.85 million). On the basis of this positive trend, the management assumes that during the current financial year, Binder+Co will surpass the sales revenue and result figures for 2010.

Furthermore, the second half-year should see initial positive impulses emanate from the acquisition of the Italian mechanical engineering company, Comec, which was completed on July 11, 2011.

Workforce enlarged
The upturn in key business indicators was reflected by a sizeable increase in workforce numbers. As at June 30, 2011 these totalled 253, a rise of 14.5% over the 221 of the previous year.

The Binder+Co share price shows a positive trend
During the first half of 2011, the price of the Binder+Co share, which is traded on the mid market of the Vienna Stock Exchange, again showed considerable gains. Having started 2011 at a level of EUR 15.90, by June 30, the share price had climbed to EUR 23.00, which constituted an increase of 44.7%.

The Binder+Co Group
Binder+Co AG 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. Binder+Co was awarded the 2010 Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant special glass from recycling cullets. Moreover, the Binder+Co Group recently expanded its product range in the crushing technology area through the incorporation of Comec-Binder S.r.l.

Gleisdorf, June 29, 2011. Following last year’s National Prize for Innovation, the Styria-based mechanical engineering company Binder+Co has now received another important Austrian award in the shape of the 2011 National Prize for Work Safety. 

The Austrian National Prize for Work Safety is awarded biannually to companies that raise health and safety standards in the workplace beyond statutory requirements by means of innovative, in-house projects.

During a festive ceremony held on June 21, the Austrian Federal Minister for Social Affairs, Rudolf Hundstorfer, presented this year’s National Prizes for Work Safety. Apart from Binder+Co, Baxter, Cemex and Artbau Zagler also received awards. A jury composed of representatives of the social partnership, accident insurance funds, the scientific world and the health and safety inspectorate undertook the evaluation of the projects submitted.

As Minister Hundstorfer underlined in his opening address, it is of vital importance that the physical damage caused to employees due to industrial accidents or the incorrect use of equipment be further reduced. This should not merely result in increased working process productivity, but first and foremost, prevent the frequently catastrophic human and social consequences of a working accident for the affected employee.   

The Binder+Co project stood out due to the fact that it related to apprentice training and was therefore targeted on the improved safety of young employees in connection with tools and equipment. In cooperation with experts from the health and safety inspectorate, the AUVA and the district administrative authority, Binder+Co developed various stickers for the marking of tools. These stickers can be simply applied and allow the apprentices and their trainers to quickly and easily recognize, whether or not they should use a particular device. The system is also to be introduced at other companies across the country with immediate effect.   

The prize was received by the project initiator and Binder+Co AG production manager, Bruno Egger, who himself commenced his career at Binder+Co as an apprentice.

To celebrate the prize award and as a small gesture of appreciation for this outstanding initiative, the Binder+Co Board invited the entire workforce to a small, in-company festivity. Moreover, as is almost traditional, the prizewinner, Bruno Egger, helped the Board members to serve snacks and beverages.  

The Binder+Co Group
Binder+Co AG 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. In 2010, Binder+Co was honoured with the Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant special glass from cullet.

Gleisdorf, May 18, 2011. Binder+Co, the innovative machine and plant manufacturer from Gleisdorf in Austria, began the 2011 financial year in a highly successful manner. Company sales revenues were some 44% higher at EUR 17.34 million, EBIT more than trebled to EUR 1.10 million and order intake was 70% up at EUR 19.87 million. 

In view of these facts, Karl Grabner, from the Binder+Co Management Board is well pleased: “For us, 2011 has begun positively and we can reflect with satisfaction on a successful first quarter. Not only were we able to considerably increase both our sales revenues and results, but the upswing in order intake also permits an optimistic view of the future.”

In the first quarter of 2011, Binder+Co, which is an internationally successful specialist in the fields of processing, environmental and packaging technology, was able to maintain the upward order intake trend, which commenced in the middle of 2010. All in all, in the period from January to March 2011, the company captured new orders worth EUR 19.87 million, which as compared to the figure for the first quarter of the last year, represented an increase of 70.0%. On this basis, Binder+Co achieved quarterly sales revenues of EUR 17.34 million (Q1/2010: EUR 12.06 million) and EBIT was more than trebled to stand at EUR 1.10 million (Q1/2010: EUR 0.31 million).

This positive development continued to be borne by single machine, spare part and service business, which provided solid margins. Therefore, the shift away from large-volume, longer term system and plant business towards short-term, single orders that commenced with the economic crisis in the preceding years, was prolonged. However, the Environmental and Packaging Technology Segments again obtained more extensive system orders during the first quarter of 2011. 

Clearly positive results in all production segments
In the first quarter of 2011, the Processing Technology Segment, which specializes in drying, screening and sorting machinery for the construction materials and minerals industries, achieved sales revenues of EUR 8.01 million and thus again provided the largest share of total sales revenues (46.2%; Q1/2010: EUR 6.18 million). The Segment’s EBIT contribution rose to EUR 0.67 million and was thus markedly higher than the EUR 0.13 million of the preceding year. Positive order intake of EUR 9.03 million (Q1/2010: EUR 4.19 million) ensured a solid use of production capacity. 

At EUR 7.04 million, sales revenues in the Environmental Technology Segment, which focuses on sorting machines for glass and plastics recycling, almost doubled over the preceding year (Q1/2010: EUR 3.68 million). In addition, Segment EBIT multiplied to EUR 0.39 million (Q1/2010: EUR 0.08 million). Order intake showed a good mixture of single machines and medium-sized systems business and at EUR 6.04 million attained a stable level. 

During the first quarter of 2011, the Packaging Technology Segment, which manufactures high-performance open mouth bagging machinery, had sales revenues of EUR 2.29 million (Q1/2010: EUR 2.20 million). As a result of the clearing of a number of low-margin system orders, the EBIT contribution was down on the preceding year and stood at EUR 0.04 million (Q1/2010: EUR 0,10 million). By contrast, order intake developed in an extremely positive manner and at EUR 4.80 million was EUR 3.23 million up on the EUR 1.57 million of the previous year. Apart from spare part and service business, systems business began to show signs of far greater robustness.  

Marked improvement in the order situation
Binder+Co order backlog at the end of March 2011 stood at EUR 26.52 million, which was 50.9% up on the comparable figure of the preceding year (March 31, 2010: EUR 17.57 million) and thus in line with the long-term average. The management assumes that the positive demand trend will continue in the coming months.

Workforce enlarged
The improved order situation led to an enlargement of the workforce, which as at March 31, 2011 totalled 251, an increase of more than 10% on the 227 of the previous year. 

The Binder+Co share price shows a positive trend
During the first quarter of 2011, the price of the Binder+Co share, which is listed on the mid market of the Vienna Stock Exchange, once again rose considerably. Having started the year at a level of EUR 15.90, by March 31, 2011 the share price had climbed to EUR 18.40, which constituted an increase of over 15%.   

The Binder+Co Group
Binder+Co AG 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. Binder+Co was awarded the 2009 Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant special glass from recycling cullets.

2010 sales revenues at the level of the preceding year, EBIT higher

Gleisdorf/Vienna, March 31, 2011

As expected, Binder+Co AG shareholders took positive note of the 2010 financial statements presented at yesterday’s Annual General Meeting. In an unsettled economic situation, the Gleisdorf-based processing, environmental and packaging technology specialist was able to post a solid result. At EUR 63.25 million, sales revenues remained virtually unchanged over 2009, but EBIT was raised to EUR 7.22 million. Moreover, in the second half of 2010 order intake returned to the new business level of the record year 2008. 

On the basis of the forecasts of economic improvements and stable machinery business in the EU, the management anticipates further sales revenues and EBIT growth in 2011.

Following the approval granted by yesterday’s Annual General Meeting, Binder+Co will pay its shareholders a dividend of EUR 1 per share for 2010 (2009: EUR 0.60).

A further item on the agenda of the Annual General Meeting was the election of the Supervisory Board – Alexander Liaunig and Erhard Schaschl were newly appointed. In the subsequent constituent meeting of the freshly elected Supervisory Board, Herbert Liaunig was selected as chairman and Kurt Berger confirmed as his deputy. 

In addition, the Annual General Meeting approved a change in the company articles in §4 Para. 4 (stock rights committee) and an extension of the approved capital for a further five years. 

The Annual General Meeting agreed to the nomination of the Vienna-based Grant Thornton Unitreu Wirtschaftsprüfungs- und Steuerberatungs GmbH as the auditors for the 2011 financial year.

Furthermore, the resolution authorizing the Management Board to buy back own shares approved by the Annual General Meeting held on March 26, 2009, was reworded and in the current version is valid until September 30, 2013. The shares purchased will be put on offer to all company employees and members of the Management Board within the scope of a stock option programme. To date 123,765 shares, which constitute 3.3% of share capital, have been repurchased. Following the exercise of the stock option programme with 14,652 shares, as at March 30, 2011, Binder+Co held 109,113 own shares. 

Management Board member, Karl Grabner: “With the agreed dividend and the revised stock option programme we have underlined our commitment to offering our shareholders and employees reasonable participation in company success.” 

The Binder+Co Group
Binder+Co AG 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 has been listed on the Vienna Stock Exchange since the end of 2006 and is currently quoted in the third market of the mid market segment. In 2009, Binder+Co was awarded the Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant special glass from cullet.

Gleisdorf, March 2, 2011.

“With sales revenues of EUR 63.25 million and EBIT of EUR 7.22 million, in 2010 we not only surpassed the figures for the preceding year, but also returned to our pre-crisis levels. Order intake in the second half-year even returned to the record level of 2008 and therefore we can be genuinely satisfied.” Karl Grabner, member of the Binder+Co Management Board.

Generally difficult and unsettled market environment
The economic environment for Binder+Co’s mechanical engineering business in 2010 presented an extremely inconsistent picture. While Environment Technology picked up markedly and demand in the Packaging Technology Segment remained largely stable, the Processing Technology Segment was characterized by extreme volatility caused by major demand fluctuations in the systems and plant business.

Sales revenues marginally higher than in 2009, EBIT consolidated further
In spite of relatively low order backlog at the beginning of the year, Binder+Co sales revenues in 2010 amounted to EUR 63.25 million and were therefore slightly up on those of the preceding year (2009: EUR 63.13 million). The positive mix of large volume system and plant business and solid single machine and spare part business played a major role in this regard and ensured constant good use of production capacity throughout 2010. At EUR 7.22 million, EBIT was above the EUR 6.66 million of the previous year and also just over the previous record figure of EUR 7.2 million achieved in 2008.

Particularly satisfactory development in the Environmental Technology Segment
In 2010, the Processing Technology Segment, which specializes in drying, screening and sorting machinery for the construction materials and stone and earth industries, was characterized by single machine business offering solid margins. In total, order intake in this segment amounted to EUR 26.32 million. Segment sales revenues in the past financial year totalled EUR 28.85 million (45.6% of total sales revenues) and the resultant EBIT contribution amounted to EUR 2.20 million.
       Demand in the Environmental Technology Segment, which focuses on sorting machines for glass and plastics recycling, developed in a particularly satisfactory manner during 2010. Binder+Co again succeeded in acquiring interesting international projects with an emphasis on western Europe and by the end of the year had accumulated new order intakes totalling EUR 32.41 million. The newly developed sensor units for the identification of the lead content in cullet and the sorting of heat-resistant special glass met with immediate market acceptance and thus secured Binder+Co’s technological market leadership. With sales revenues of EUR 24.13 million, in 2010 the Environmental Technology Segment provided 38.2% of total sales revenues. It also furnished an EBIT contribution of EUR 4.07 million (56.4% of total EBIT).
       The Packaging Technology Segment, which is managed by the independent subsidiary Statec Binder GmbH, produces high-performance machinery for the open mouth bagging of free-flowing bulk goods such as fertilizers, plastic granulate, seeds, foods and feedstuffs or salts. In spite of the difficult global market situation, the Segment was able to bring in worldwide orders totalling EUR 10.61 million, which related mainly to single machines and small system projects. Segment sales revenues in the past financial year amounted to EUR 10.27 million (16.2% of total sales revenues), while the EBIT contribution totalled EUR 0.95 million.

Export business continues to be of major significance
The Group’s international sales revenues during the period under review provided 87.4% (2009: 85.0%) of total sales revenues, which underlined the massive importance of export business. With a share of sales revenues of 49.4%, western Europe (excluding Austria) remained the largest sales market, followed by Asia/Australia with 17.2%. Central and eastern Europe (CEE and CIS) furnished 12.3%, Africa 5.5% and the Americas 3.0% of sales revenues.
 
A marked revival in demand
Clearly weakened by the worldwide economic crisis, Binder+Co started 2010 with an order backlog of EUR 17.96 million. However, the second quarter already demonstrated a marked recovery in order intake, which continued in the third and fourth quarters. All in all, order intake in 2010 amounted to EUR 69.34 million, which was EUR 19.51 million or roughly 39% above the values of the preceding year (2009: EUR 49.83 million) and thus demonstrated potential for future growth. As at December 31, 2010, the Binder+Co Group had secured an order backlog of EUR 24.01 million, a figure that also includes an order volume of EUR 6.07 million for 2012 and subsequent years.  

Outlook
As economic development in Europe has a decisive influence of Binder+Co growth, the forecast improvement in the general economic situation and stable machine business in the EU should again provide a solid basis for Group performance in the coming years. At the same time, due to the adoption of an expansion course, overseas markets are set to make disproportionate gains in importance. In particular, this applies to the ambitious BRIC states, which hold interesting potential for Binder+Co and promise good sales prospects for the company’s machinery. From a current perspective, the Binder+Co management expects renewed growth in sales revenues and EBIT for 2011. 

The Binder+Co share shows a solid price trend
During 2010, the price of the Binder+Co share performed better than the general market trend demonstrated by the ATX. Starting from a level of EUR 11.10 at the beginning of the year, the price picked up markedly from mid-summer onwards and at year-end 2010 stood at EUR 15.90. As a result, it was 43.2% higher than the figure at the beginning of the year and 59.0% above the value of the initial quotation on December 27, 2006.

The Binder+Co Group
Binder+Co AG 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 has been listed on the Vienna Stock Exchange since the end of 2006 and is currently quoted in the third market of the mid market segment. In 2009, Binder+Co was awarded the Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant special glass from cullet.

Gleisdorf, November 16, 2010. During Q1–3/2010, Binder+Co, the innovative machine and plant manufacturer from Gleisdorf in Austria, was able to increase its order intake by a notable 50% over the previous year. However, company sales revenues and EBIT remained below the 2009 level. 

In view of these facts, Karl Grabner, from the Binder+Co Management Board is not dissatisfied: “Although our sales revenues and EBIT figures for Q1–3/2010 were still below the levels of 2009, the powerful upswing in order intake allows an optimistic view into the coming year.”

Binder+Co, which is an internationally successful specialist in the fields of processing, environmental and packaging technology, was also able to close the third quarter of 2010 with a positive result. As anticipated, due to the after-effects of the economic crisis, at EUR 40.71 million and EUR 4.08 million respectively, sales revenues and EBIT remained some 15% and 14% down on the figures for the preceding year. However, order intake again demonstrated a marked upward trend. In the first three quarters of 2010, this key indicator, which is the most important of all with regard to the future outlook, totalled EUR 48.92 million and was thus roughly 50% higher than the comparable figure for the preceding year. Indeed, in the third quarter order intake even emulated the new business level of the record 2008 financial year.

Clearly positive results in all product segments
In the first three quarters of 2010, the Processing Technology Segment, which specialises in drying, screening and sorting machines for the building materials, stone and earth industries, achieved sales revenues of EUR 19.33 million and thus again provided the largest share of total sales revenues (47.5%; Q1-3/2009: EUR 22.12 million). In spite of a dip in sales revenues, the Segment’s EBIT contribution rose to EUR 1.63 million (Q1–3/2009: EUR 1.41 million). Moreover, thanks to the vast improvement in order intake, which stood at EUR 19.99 million (Q 1-3/2009: EUR 10.71 million), the situation with regard to new orders also stabilised. Single machine sales have remained solid throughout the year to date and in the third quarter there was also a tangible upturn with regard to system business.

At EUR 15.01 million, sales revenues in the Environmental Technology Segment, which focuses on sorting machines for glass and plastics recycling, were down on those of the preceding year (Q 1-3/2009: EUR 18.75 million). In addition, although EBIT amounted to EUR 2.12 million and was therefore again clearly positive, it failed to reach the EUR 2.69 million of the preceding year. New contracts consisted of a first-rate mix of single machines and medium-sized system business and at EUR 20.61 million, order intake was well above the EUR 13.99 million of 2009. Orders also continued to demonstrate stable result quality.

During the first three quarters of 2010, the Packaging Technology Segment, which manufactures high-performance open mouth bagging machinery, was able to clear orders to the value of EUR 6.37 million (Q1-3/2009: EUR 7.17 million). Solid spare parts business helped to maintain EBIT at a clearly positive level of EUR 0.33 million (Q1-3/2009: EUR 0.65 million). Furthermore, at EUR 8.32 million order intake in the first three quarters was EUR 0.46 million up on the EUR 7.86 million of last year.

Marked improvement in the order situation during Q3
Binder+Co order backlog at the end of September 2010 stood at EUR 26.14 million. This was 65.5% above the comparable value of the previous year (September 30, 2009: EUR 15.79 million) and thus again in line with the long-term average. The executive management assumes that this positive trend will be maintained during the coming months. 

Workforce numbers again on the increase
In terms of a yearly comparison, the streamlining of internal structures initiated in 2009 resulted in a fall in employee numbers to 233 as at September 30, 2010 (September 30, 2009: 245). However, owing to the marked rise in order intake, the third quarter witnessed a continual increase in the size of the workforce (June 30, 2010: 221).

The Binder+Co share price demonstrates a stable trend
During the third quarter of 2010, the price of the Binder+Co share, which is traded on the mid market of the Vienna Stock Exchange, remained extremely stable. Having started 2010 at a level of EUR 11.10, by September 30, the share price had risen to EUR 12.25, which corresponds with an increase of over 10%.  

The Binder+Co Group
Binder+Co AG 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. In 2009, Binder+Co was awarded the Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant glass from cullet.

Gleisdorf, August 17, 2010. In the first half-year 2010, the Gleisdorf-based processing, environmental and packaging technology specialist once again achieved a clearly positive result, although sales revenues and EBIT remained below the figures for the preceding year. However, especially during the second quarter, positive signals emanated from an upswing in order intake.

“As a company that is traditionally affected by economic trends at a relatively late point in the cycle, in view of the crisis, our sales revenues and EBIT in the first half of 2010 were below the level of the previous year. However, the marked improvement in the orders situation in the second quarter has put us in an optimistic mood.”
Karl Grabner, Member of the Binder+Co Management Board

In the first half-year 2010, Binder+Co amassed sales revenues totalling EUR 25.72 million, which represented a decline of 15% over the figure for the preceding year and corresponded roughly with the level achieved in the 2007 financial year (H1/2007: EUR 24.11 million). Consequently, as compared to the 2009 value, EBIT fell by EUR 0.38 million to stand at EUR 2.24 million. Conversely, order intake showed a markedly positive tendency and at the end of the first half-year 2010 was 23% up on the figure for the preceding year at EUR 29.63 million. The sales of single machines continued to develop in a highly satisfactory manner, however with the exception of individual projects in the Environmental Technology Segment, large-volume system and plant business in the first six months of 2010 again failed to live up to expectations. 

Clearly positive results in all product segments
In the first half of 2010, the Processing Technology Segment, which specialises in drying, screening and sorting machines for the construction materials and minerals industries, achieved sales revenues of EUR 13.18 million (H1/2009: EUR 15.80 million) and thus provided the largest share of total sales revenues (51%). In spite of this dip in sales revenues, the Segment’s EBIT contribution of EUR 1.11 million remained at the level of the preceding year. Moreover, the order situation stabilised with a sharp rise in intake to EUR 9.65 million (H1/2009: EUR 6.87 million). The Segment was again characterised by solid single machine business, but system business continued to be comparatively weak.

Sales revenues in the Environmental Technology Segment, which focuses on sorting machines for glass and plastics recycling, were also lower than in the preceding year at EUR 8.30 million (H1/2009: EUR 10.59 million). In addition, although EBIT amounted to EUR 0.89 million and was therefore clearly positive, it failed to emulate the value of the preceding year (H1/2009: EUR 1.47 million). New orders consisted of both single machines and medium-sized plant contracts and at EUR 13.93 million order intake was above the EUR 11.59 million of 2009. The newly captured orders continued to demonstrate stable result quality.

During the first half of 2010, the Packaging Technology Segment, which manufactures high-performance, open mouth bagging machinery, was able to clear single machine orders to the value of EUR 4.24 million (H1/2009: EUR 3.72 million). In tandem with solid spare parts business, it was possible to raise EBIT markedly to EUR 0.24 million (H1/2009: EUR 0.04 million). Furthermore, at EUR 6.05 million order intake also improved and was EUR 0.51 million up on the EUR 5.54 million of last year.

Demand picks up markedly in the second quarter 
Order backlog at the end of June 2010 was largely characterised by the positive trend in the single machine area. At EUR 21.85 million, it was well above the solid level of 2007 (June 30, 2007: EUR 16.64 million) and thus corresponded with the long-term average. The comparable value of EUR 25.16 million as per June 30, 2009 still contained large plant projects, which were largely concluded during the 2009 financial year.

Despite the encouraging intake trend, the management remains cautious with regard to a sustained improvement in the order situation. Within this context, a revival of system and plant business in the Processing Technology Segment would constitute a decisively positive signal of growth.

The Binder+Co share price remains stable
During the first half of 2010, the price of the Binder+Co share, which is traded on the mid market of the Vienna Stock Exchange, remained extremely stable. Having started 2010 at a level of EUR 11.10, by June 30, the share price had risen to EUR 11.50.  

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 Binder+Co share was introduced on the Vienna Stock Exchange at the end of 2006 and is now traded in the Third Market in the mid market segment. In 2009, Binder+Co was awarded the Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant, special glass from cullet fragments.

Gleisdorf, May 18, 2010. In line with expectations, Binder+Co, as a company positioned at the end of the economic cycle, first fully felt the effects of the global crisis in 2010. Overall, the Gleisdorf-based specialist for processing, environmental and packaging technology closed the first quarter of 2010 with a positive result, but both sales revenues and EBIT were markedly lower than the figures for the preceding year. 

“Even though we could not emulate the results of last year during the first quarter of 2010, due to the positive trend in the single machine business our order backlog corresponded with the long-term average, which is reason for satisfaction.”  Karl Grabner, Member of the Binder+Co Management Board.

Single machine business remains solid 
In the first quarter of 2010, Binder+Co achieved total sales revenues of EUR 12.06 million. This corresponds with a decline of 21% as compared to the preceding year and a return to the level of the 2007 financial year (Q1/2007: EUR 11.61 million), and thus in line with the long-term average. As a consequence, EBIT was also EUR 0.87 million below the figure for 2009, but nevertheless remained clearly positive at EUR 0.31 million. In view of the fact that the first quarter of the year is traditionally the weakest in the branch, this can be seen as a positive achievement. While the satisfactory single machine sales trend was maintained, system and plant business stagnation continued unabated, with the exception of individual projects in the Environmental Technology Segment, during the first three months of 2010.      

Segment development
In the first quarter of 2010, the Processing Technology Segment attained sales revenues of EUR 6.18 million (Q1/2009: EUR 7.97 million) and thus provided the largest share of total sales revenues (51%). The Segment’s EBIT contribution amounted to EUR 0.13 million (Q1/2009: EUR 0.47 million). Moreover, even though order intake improved slightly over the comparable value for 2009 to EUR 4.19 million (Q1/2009: EUR 3.85 million), there was no sign of a sustained improvement in the general situation.

Environmental Technology Segment sales revenues were clearly lower than in the preceding year at EUR 3.68 million (Q1/2009: EUR 5.81 million). EBIT amounted to EUR 0.08 million and was therefore just positive (Q1/2009: EUR 0.73 million). Order intake amounted to EUR 5.93 million (Q1/2009: EUR 8.47 million). 

During the first quarter of 2010, the Packaging Technology Segment was able to raise its sales revenues to EUR 2.20 million (Q1/2009: EUR 1.45 million) and as opposed to the first quarter of 2009, achieve positive EBIT of EUR 0.10 million (Q1/2009: minus EUR 0.02 million). Nonetheless, at EUR 1.57 million order intake was down on the EUR 3.71 million of last year.    

Order situation remains tense
The positive trend in single machine business was mainly responsible for the order backlog at the end of March 2010. At EUR 17.57 million this stood at the solid level of 2007 and was thus in line with the long-term average. However, owing to the fact that from a current perspective a significant upturn in large volume system and plant order demand cannot be expected in the coming months, the Binder+Co management does not anticipate any special growth impulses from its branch markets up to the end of 2010.

The Binder+Co share price remains stable
During the first quarter of 2010, the price of the Binder+Co share, which is listed on the mid market of the Vienna Stock Exchange, remained very stable. Having started 2010 at a level of EUR 11.10, by March 31 the share price had risen to EUR 11.80.  

The Binder+Co Group
Binder+Co AG 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. In 2009, Binder+Co was awarded the Austrian National Innovation Prize for its development of the world’s first industrially mature system for the sorting of heat-resistant, special glass from cullet fragments.

2009 sales revenues and EBIT down on the record levels of 2008 Gleisdorf/Vienna, April 8, 2010.

As expected, Binder+Co AG shareholders took positive note of the 2009 financial statements presented at yesterday’s Annual General Meeting. In fact, despite the tense general economic situation of the past financial year, the Gleisdorf-based processing, environmental and packaging technology specialist was able to show a solid result. At EUR 63.13 million, sales revenues were 14.1% down on the record figure for 2008.

However, as a consequence of increased earnings power, as compared to the preceding year, EBIT only weakened by 7.5%. Order intake fell back to the level of 2006 and amounted to EUR 49.83 million (2008: EUR 85.25 million).       

In 2010 the management anticipates figures for sales revenues and EBIT that will correspond with the average level of the past three financial years. However, should the global economy recover in the current financial year, corresponding opportunities for growth could open up in future.  

Following the approval granted by yesterday’s Annual General Meeting, Binder+Co will pay its shareholders a dividend of 60 cents per share for 2009 (EUR 0.32 basic dividend plus a bonus dividend of EUR 0.28). The dividend for the record year 2008 amounted to EUR 0.64.

Management Board member, Karl Grabner: “With the agreed dividends we have underlined our commitment to offering our shareholders reasonable participation in company success.” 
The Annual General Meeting approved the nomination of the Vienna-based company, unitreu Wirtschaftsprüfungs- und Steuerberatungs GmbH, as the auditors for the 2010 financial year. 

In addition, the company articles were adjusted to match the new regulations contained in the 2009 Share Rights Amendment Act through changes to §§3, 10, 17, 19, 20, 21, 22 and 24.

The Binder+Co Group
Binder+Co AG 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 has been listed on the Vienna Stock Exchange since the end of 2006 and in the meantime is quoted in the third market of the mid market segment. The largest shareholders besides AvW Gruppe AG are Herbert Liaunig Private Trust, Albona Private Trust and grosso holding Gesellschaft mbH. Binder+Co has been awarded with the 2009 National Innovation Award for its development of the world's first industrially mature system for the sorting of heat-resistant special glass from recycling cullet.

Gleisdorf, March 2, 2010. At today’s presentation of its annual report for 2009, Binder+Co was able to present results, which in view of the tense general economic situation, are worthy of special note. However, a marked fall in order backlog over the preceding year means that 2010 will continue to be characterised by major challenges.

Unsettled market environment
In 2009, the economic environment for Binder+Co’s mechanical engineering business presented an very inconsistent picture. While the Environment and Packaging Technology Segments remained largely stable, the Processing Technology Segment was characterised by extreme volatility. During the past year, the European construction and construction sub-supply industry and the iron and steel industry, which Binder+Co serves worldwide, were all extremely reticent with regard to investment decisions. As a consequence, no major system or plant projects were captured. By contrast, complete system contracts were allocated in the recycling sector. Moreover, the packaging industry provided constant demand and thus ensured a solid basis for the development of single machine business. 

Sales revenues and EBIT below the level of the preceding year, earnings power higher
In the financial year expired the Binder+Co Group achieved sales revenues of EUR 63.13 million, which in spite solid order backlog at the beginning of 2009, meant that the record figure for 2008 (EUR 73.45 million) could not be repeated. The main reason for this downturn was the marked decline in large volume system and plant business, which in 2008 had boomed. Accordingly, although single machine and spare part business was solid, it was unable to compensate for this shortfall.

At EUR 6.66 million, EBIT also failed to emulate the figure of the previous year (EUR 7.20 million). By contrast, during the period under review, the EBIT margin was raised above the 2008 level (9.8%) to stand at 10.5%. This was due to the increase in sales revenues from the single machine sector, which offers higher margins.

Performance of the individual product segments
Order intake in the Processing Technology Segment in 2009 amounted to EUR 21.86 million. Segment sales revenues totalled EUR 31.18 million (2008: EUR 33.48 million) and the resulting EBIT contribution amounted to EUR 2.90 million (2008: EUR 3.38 million).
 
New orders worth EUR 17.45 million were obtained in the Environmental Technology Segment during 2009. Sales revenues totalled EUR 22.53 million (2008: EUR 28.26 million), but the EBIT contribution only fell slightly to EUR 3.49 million (2008: EUR 3.61 million).
 
Sales revenues from the Packaging Technology Segment, which is managed by the independent subsidiary, Statec Binder GmbH, amounted to EUR 9.42 million (2008: EUR 11.71 million), while segment EBIT was raised to EUR 0.27 million (2008: EUR 0.21 million).

Export business widely spread
In 2009, the Group’s international sales revenues provided 85.0% (2008: 90.0%) of total sales and once again underlined the massive importance of export business. With a share of sales revenues of 35.0%, western Europe (excluding Austria) was again the largest sales market.  

Innovation as a success factor
A decisive factor in the sustained business development of Binder+Co is its innovation ratio, which in 2009 stood at 17%. This means that 17% of total order intake was achieved with products that Binder has developed in-house and newly launched onto the market within the past three years. This considerable innovative strength not only enhances an excellent reputation among customers, but is also perceived and acknowledged by the general public. A fact evidenced by the company’s receipt of the “Fast Forward Award”, which represents the innovation prize of the federal province of Styria, and its nomination as one of six Austrian companies for the National Award for Innovation, which will be presented on March 24, 2010.  

Difficult order situation
Binder+Co entered 2009 with an order backlog of EUR 31.29 million. The weak order intake in the first nine months of the year was first followed by a slight recovery in the fourth quarter. As a consequence, order intake totalled EUR 49.83 million (2008: EUR 85.25 million) and thus fell to the level of 2006 (EUR 45.98 million). As at December 31, 2009, the Binder+Co Group had secured an order backlog of EUR 17.96 million, which represents a solid cushion for 2010. However, as compared to 2008 (Dec. 31,2008: EUR 31.29 million) order backlog has been virtually halved and the 2010 figure already contains an order volume of EUR 3.8 million for 2011.  

Outlook
Binder+Co traditionally falls into line with the general economic cycle at a relatively late point in time and therefore 2010 is likely to bring further considerable challenges. On the basis of order backlog of EUR 17.96 million at the beginning of the year and emergent price pressure derived from an intensification of competition, the management anticipates sales revenues and EBIT for 2010 on a par with the average for the past three financial years. However, an economic upturn in the current financial year could pave the way for corresponding growth opportunities in years to come.   

The Binder+Co share – solid price trend
During 2009, the price of the Binder+Co share generally followed the prevailing market trend. Starting at a level of EUR 9.45 at the beginning of the year, from mid-summer onwards the price rose markedly and at year-end stood at EUR 11.10. As a result, the share, which in the meantime is listed in the third market within the mid market, gained some 18% as compared to the start of 2009 and was 11% above the initial quotation on December 27, 2006. 

The Binder+Co Group
Binder+Co AG 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 has been listed on the Vienna Stock Exchange since the end of 2006 and in the meantime is quoted in the third market of the mid market segment.

Gleisdorf, December 10, 2009. Binder+Co AG has been listed on the mid market of the Vienna Stock Exchange since June 2007. Now, within the mid market segment, the company is to transfer from regulated free trading to the Third Market. The decision regarding this switch was agreed by the Management Board at its meeting of today and relates to a general optimisation of resources focused on the strategic further development of the company.

Accordingly, the Vienna Stock Exchange was today informed that as per January 15, 2010 (daily business), Binder+Co AG will withdraw its shares from regulated free trading and simultaneously apply for the admission of the shares to the Third Market within the mid market segment with effect from January 15, 2010  (daily business).

Gleisdorf, November 17, 2009. Binder+Co has not escaped the effects of the crisis, but all in all was able to perform relatively well in a clearly depressed market. The considerable fluctuations in demand, which characterised the first half-year, were also in evidence during the third quarter of 2009. Moreover, although single machine and spare part business continued to be satisfactory and was stable in all three segments, it remained at a level some 10% below that of the previous year. By contrast, the effects of the recession have become increasingly apparent in the system and plant business areas. Unfortunately, the desired recovery failed to materialise and at the same time, an evident price war commenced with regard to the few remaining plant projects open to tender. Consequently, order intake, sales revenues and EBIT were down on the levels of the preceding year, although these were exceptionally high.

Karl Grabner, a member of the Binder+Co Management Board: “In the first three quarters of 2009, large volume business in the Processing Technology Segment was hardest hit by the recession. However, owing to the high order backlog from the beginning of the year and relatively solid single machine and spare parts business, we have escaped relatively lightly. Nonetheless, the intensification of the competition means that the result quality achieved to date will hardly be possible in years to come.”

Sales revenues and EBIT down on the level of the preceding year
Despite the solid order backlog at the beginning of the year, during the first three quarters of 2009 the Binder+Co Group was unable to maintain its sales revenues at the level achieved in 2008 (Q1–Q3/2008: EUR 51.03 million) and these fell to EUR 48.04 million. The main reason for this decline was a marked drop in order intakes in the system and plant business area, which could not be compensated for by single machine and spare part business, even though this remained largely stable.   

During the period under review, foreign sales revenues amounted to 84.7% (Q1–Q3/2008: 87.9%) of total sales revenues, which underlined the major significance of export business. With a 31.7% share of sales revenues, western Europe (excluding Austria) represented the largest market. Africa, where the delivery of equipment for a major environmental technology project was concluded in the first half of 2009, provided 16.2% of sales revenues, the Americas 16.0%, Asia including Australia 13.5% and eastern Europe (CEE and GUS) 7.3%.

At EUR 4.75 million, EBIT was slightly lower than in the preceding year (Q1–Q3/2008: EUR 4.93 million), but by contrast, at 9.9% the EBIT margin was up on the figure for 2008.

Order intake clearly down on the record level for 2008
At EUR 32.56 million, total order intake in the first three quarters of 2009 was well below the record figure for 2008 (Q1–Q3/2008: EUR 73.03 million), but nonetheless again roughly corresponded with the solid level of 2006/2007. The order intakes received mean that use of own capacity in the fourth quarter of 2009 is secured.     

Outlook
As demand in the market segments served by Binder+Co varied greatly during the first three quarters of 2009 and above all, large volume system and plant business lagged behind the levels of the preceding year, the Binder+Co management assumes that in spite of the solid order cushion from 2008 consolidated Group sales revenues and results in the 2009 financial year will be 10–15% below those of the previous year.  

Should a turnaround not occur in the system and plant business area, from a current viewpoint business in the 2010 financial year may prove to be even weaker and thus bring a decline in sales revenues to the level of 2007. However, owing to the drastic shortening of the planning horizon caused by the predominance of single machine and spare part business, at this juncture a well-founded forecast is only possible to a very limited extent.   

Binder+Co share price remains stable
During the period under review, the price of the Binder+Co share, which is listed on the mid market of the Vienna Stock Exchange, moved within a range of EUR 9.25 to EUR 11.65. At the end of October, the price stood at EUR 11.49. With effect from September 21, 2009, the share was accepted into mid market continuous trading.

The Binder+Co Group
Binder+Co specialises in the manufacture of machinery and plants in the areas of processing technology, recycling and in the case of its subsidiary, Statec Binder GmbH, the packaging of primary and secondary raw materials (coal, iron ore, sand, etc., as well as used glass, waste paper and plastic waste, etc.). The Group operates a production plant in Gleisdorf, Austria.

Binder+Co has been listed on the Vienna Stock Exchange since December 2006 and in June 2007 was one of the first companies to be admitted to the newly created mid market segment. It has been authorised to participate in regulated free trading since July 2007. With an average workforce of 236, in 2008 Binder+Co had sales revenues amounting to EUR 73.45 million and EBIT of EUR 7.20 million. The company therefore had a solid EBIT margin of 9.8%.

Gleisdorf, August 18, 2009. In spite of the economic crisis, Binder+Co AG has developed well in the year to date. However, the considerable fluctuations in demand, which characterised the first quarter of 2009 continued during the second quarter. Customers in the Processing Technology Segment showed great reticence with regard to the allocation of orders in the complete plant area, but single machine business developed in a satisfactory manner. Demand in Binder+Co’s other segments, Environmental and Packaging Technology, remained stable in the first six months of 2009.  

Binder+Co Borad member, Karl Grabner: “During the first half of 2009, the recession primarily hit large-volume business in the Processing Technology Segment, which in view of the general uncertainties surrounding planning is clearly understandable. By contrast, we have barely noticed the crisis in the single machine business area and therefore, overall sales revenues and EBIT were only just below the level of the previous year.”

Sales revenues and EBIT at a virtually unchanged level
As a result of the positive order intake at the beginning of the year, during the first half of 2009 the Binder+Co Group achieved sales revenues of EUR 30.11 million, a figure that was virtually identical to that for the same period of 2008 (H1/2008: EUR 31.55 million). The main factor in this regard was the scheduled clearing of system projects and single machines business in tandem with solid spare part and service sales in all three product segments.

During the period under review, foreign sales provided 88.8% (H1/2008: 84.7%) of total sales revenues, which again underlined the major significance of export business. With a 30.4% share of sales revenues, the EU (excluding Austria) represented the largest market. America, where a large Environmental Technology Segment project was concluded, provided 22.4% of sales revenues, Asia including Australia 18.1%, eastern Europe (CEE and CIS) 11.9%, and Africa 6.0%.

EBIT in the first half-year of 2009 amounted to EUR 2.62 million and was therefore only marginally lower than that registered in the first half-year 2008 (H1/2008: EUR 2.76 million).

Order intake clearly below the record value of 2008
In the first half of 2009, total order intake was clearly below the record figure of 2008 at EUR 24.00 million (H1/2008: EUR 52.12 million), but nonetheless at the solid level of 2007 (H1/2007: EUR 24.73 million). The order intakes received mean that the use of own capacity in the third quarter of 2009 is secured.

Outlook
Despite the variations in demand within its business branches during the first half of 2009, Binder+Co assumes that as a result of its considerable order cushion from 2008, it can maintain the good sales revenues and result level of the previous year. However, from a current perspective, the 2010 financial year may be weaker, for although the economic recession has not yet affected single machine business, it has hit large-volume systems orders, which will have a influence on company sales development.  

Binder+Co share price remains stable
During the period under review, the price of the Binder+Co share, which is listed on the mid market of the Vienna Stock Exchange, moved within a range of EUR 9.25 to EUR 10.00. At the end of July, the price stood at EUR 9.70, which was slightly above that at the beginning of the year (EUR 9.45).

The Binder+Co Group
Binder+Co specialises in the manufacture of machinery and plant in the areas of processing technology, recycling and in the case of its subsidiary, Statec Binder GmbH, the packaging of primary and secondary raw materials (coal, ores, sand, etc., as well as used glass, waste paper and plastic waste, etc.). The Group operates a production plant in Gleisdorf, Austria.

Binder+Co has been listed on the Vienna Stock Exchange since December 2006 and in June 2007 was one of the first companies to be admitted to the newly created mid market segment. It has been authorised to participate in regulated free trading since July 2007. With an average workforce of 236, in 2008 Binder+Co had sales revenues amounting to EUR 73.45 million and EBIT of EUR 7.20 million. The company therefore had a solid EBIT margin of 9.8%.

SHARE BUY-BACK PROGRAMME from March 27, 2009 to September 25, 2011

Gleisdorf, May 20, 2009. On May 25, 2009, Binder+Co AG will commence the buy-back of its shares and in view of the extremely limited liquidity of the share, following agreement with the Financial Market Authority (FMA), will purchase up to 50% of average daily turnover. This means that the limit of 25% of average daily turnover established by the VO 2273/3003 of the EU Commission will be exceeded.

Gleisdorf, May 19, 2009. As expected, the 2009 financial year commenced with considerable fluctuations in demand. During the first quarter of 2009, the Processing Technology Segment was characterised by considerable reticence with regard to order allocations, while Environmental Technology and Packaging Technology business remained solid. All in all, order intake was down on the record level of Q1 2008, but at EUR 16.03 million stayed at a sound level. Moreover, sales revenues and EBIT were even slightly higher than in the first quarter of the previous year. 
 
“In the first quarter of 2009, the economic downturn only had a moderate effect on Binder+Co. We are satisfied with the order situation and, as compared to last year, were able to slightly raise both sales and EBIT”,
Karl Grabner, Member of the Binder+Co Management Board

Sales revenues and EBIT marginally higher
Partially as a result of the solid order backlog at the beginning of the year, in comparison with the same period of 2008, Binder+Co AG was able to raise its sales revenues during the first quarter of 2009 to EUR 15.23 million (Q1/2008: EUR 15.01 million). The main factor in this increase was the scheduled clearing of system projects and single machine business in tandem with solid spare part and service sales in all three product segments. 

During the period under review, foreign sales amounted to 90.8% (Q1/2007: 81.1%) of total sales revenues, which underlined the major significance of export business. With a 38.0% share of sales revenues, America, where a large Environmental Technology Segment project was concluded, represented the largest market. Asia including Australia provided 21.4% of sales revenues, the EU (excluding Austria) 18.5%, eastern Europe (CEE and CIS) 12.0% and Africa 0.9%.

As a result of a good mixture of systems business, single machines, spare parts and service sales, it was also possible to slightly raise the EBIT figure as compared to the same period of 2008 to EUR 1.18 million (Q1/2008: EUR 1.17 million).
 
Order intake at a positive level
At EUR 16.03 million, total order intake in the first quarter of 2009 was clearly below the record level of 2008 (Q1/2008: EUR 28.69 million), but was positive from the perspective of a long-term comparison. With the orders received, the use of workforce capacity is secured beyond the second quarter.

Outlook
From a branch perspective, demand in the first quarter of 2009 varied greatly. Nonetheless, the Binder+Co management assumes that in 2009, the Group will again be able to uphold the positive sales and results level of 2008.

Binder+Co share shows a stable price trend in the first quarter
During the period under review, the price of the Binder+Co share remained stable at EUR 9.50. At the end of April, the price fell by some 3% to stand at EUR 9.25.  

The Binder+Co Group
The company itself is largely active in the fields of machinery and plant production in the areas of processing technology, recycling and in the case of its subsidiary, Statec Binder GmbH, the packaging of primary and secondary raw materials. The company operates a production plant in Gleisdorf, Austria.

The company has been listed on the Vienna Stock Exchange since December 2006 and in June 2007 was admitted to the newly created mid market segment. It has been authorised to participate in regulated free trading since July 2007. With an average workforce of 236, in 2008 Binder+Co had sales amounting to EUR 73.45 million and EBIT of EUR 7.20 million. The company therefore had a solid EBIT margin of 9.8%.

Gleisdorf, April 8, 2009. Binder+Co AG wishes to announce that on April 8, 2009, Herbert Liaunig Private Trust disclosed the acquisition of 150,000 shares on September 17, 2008. Herbert Liaunig Private Trust now holds 525,000 shares or a 14.0% shareholding in Binder+Co AG.

Gleisdorf, April 3, 2009. From this April, the Frankfurt-based Wertpapierhandelsbank ICF Kursmakler AG is to support the Styrian mechanical engineering and plant building company, Binder+Co, during the midday auctions on the Vienna Stock Exchange. In addition, ICF will also fulfil the role of a capital market coach, a function that the Vienna Stock Exchange prescribes for companies listed on the mid market, in order to secure the necessary quality standards. 

ICF Kursmakler AG has received a licence for the Vienna Stock Exchange due to its extensive, long-term experience in the Frankfurt financial market.

In discussions with Binder+Co AG Board member, Karl Grabner, the managing director of ICF Kursmakler AG, Sascha Rinno, stressed ICF’s role as, “an intermediary between issuers and the capital market.”  
 
For Binder+Co AG the new partnership furnishes an opportunity to participate in the capital market beyond Austria’s borders. Karl Grabner, “We are pleased about the chances that ICF’s support offers us. Those that know us are well aware that we are always pleased to accept and master new challenges.”

The Binder+Co Group
Binder+Co AG 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 has been listed on the Vienna Stock Exchange since December 2006 and in June 2007 was admitted to the new mid market segment. It has been authorised to participate in regulated OTC trading since July 2007.

Gleisdorf, April 2, 2009. Binder+Co AG wishes to announce that on April 1, 2009, Herbert Liaunig Private Trust disclosed a shareholding of 525,000 shares in the company, thereby exceeding the 10% reporting limit (pursuant to §91 Austrian Stock Exchange Act). The Herbert Liaunig Private Trust now holds 14.0% of the shares.

Gleisdorf, April 1, 2009. The Styrian mechanical engineering and plant building company Binder+Co recently received three major contracts in the Environmental Technology Segment, which represent a notable success in the face of the current crisis. These orders mean that the order backlog of EUR 32.99 million carried over into the current business year has now been increased by a further EUR 8.0 million.

Used glass recycling system for South Africa represents one of the largest environmental technology orders in company history
The newly founded Nampak Wiegand Glass company (a joint venture between the listed South African company, Nampak Ltd., and the German enterprise Wiegand Glas) has commissioned Binder+Co with the construction of a complete used glass processing facility at its glassworks in Roodekop, South Africa. The works produces container glass using three melting ends and three production lines. The ordered sorting plant is to initially handle 24 tons of glass per hour and when fully completed, 36 tons per hour.  

For Binder+Co, this contract constitutes one of the largest orders ever received in the Environmental Technology Segment and also means that the Styrian company now covers the entire glass recycling market in southern Africa.

Major US contract represents the first used glass recycling technology order from a brewery
With its newly founded subsidiary, Ripple Glass, the Boulvard Brewing Co. brewery is now to enter the glass recycling field. The aim is employ used glass for the production of high-purity glass meal, which will be utilised by the insulation materials industry. Binder+Co prepared a design concept for the new plant in Kansas City, Missouri, supplies the core components and assists the brewery with its know-how and experience. Plant start-up is planned for the end of 2009 and the sorting system will handle 5 tons of glass per hour.  

This order not only represents a massive vote of confidence in Binder+Co’s technology by the customer, but is especially pleasing in view of the current economic situation in the USA.

Binder+Co’s supply of two recycling plants in Portugal provides a reference in the plastics recycling field
Among other items, with the delivery of its CRITERION sorting system, Binder+Co is to supply the key sections of two new plastics recycling plants in Portugal. The plants, which are operated by the ALGAR Recycling company, are located in the Algarve. They are scheduled to commence operations at the end of 2009 and will handle approximately 3 tons of packaging waste per hour.

In addition to the successful developments in the glass sector, this order provides Binder+Co with a new reference in the plastics recycling field.

The Binder+Co Group
Binder+Co AG 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 has been listed on the Vienna Stock Exchange since December 2006 and in June 2007 was admitted to the new mid market segment. It has been authorised to participate in regulated OTC trading since July 2007.

Operating profit improved by 47% in 2008

Gleisdorf/Vienna, March 26, 2009. As expected, at yesterday’s Annual General Meeting, the Binder+Co AG shareholders approved the annual financial statements presented for 2008. During the past year the Gleisdorf-based processing, environmental and packaging technology specialist was once again able to achieve dynamic development in all areas. Sales revenues were up by 37.4% at EUR 73.45 million, while EBIT was improved by 47.2% to EUR 7.20 million. At EUR 85.25 million, company order intake was also 48.3% higher than the figure for the preceding year.

Following yesterday’s approval by the AGM, the positive result prompted Binder+Co to distribute a dividend for 2008 of 64 cents per share to shareholders. This represents a payout ratio of around 50%.

Furthermore, the authorisation granted to the Management Board at the last AGM (March 26, 2008), with regard to the purchase own shares, was renewed. Consequently, the Management Board is empowered to acquire of up to 10% of its own shares up to September 25, 2011. The acquired shares will be offered for acquisition to all employees, including all Management Board members, in the course of a stock option programme. Up to now, 100,997 shares, representing 2.69% of share capital, have been repurchased and are under the ownership of the company.

Member of the Board, Karl Grabner, “The agreed dividend and stock option programme serve to underline our commitment to providing our stockholders and employees with a commensurate share of the benefits.”

A further item on the agenda of the AGM was the election of the Supervisory Board, whereby Erhard F. Grossnigg (grosso holding Gesellschaft mbH) was appointed to the Board as a new member. At its subsequent constituent meeting, the Supervisory Board then selected Erhard F. Grossnigg as chairman and Kurt Berger as vice-chairman.

Gleisdorf, March 4, 2009. At today’s presentation of its Annual Report for 2008, Binder+Co was able to impress with considerable growth. As already reported in advance on February 9, during the past year the Styrian specialist for processing, environmental and packaging technology increased its sales by 37.4% to EUR 73.45 million. EBIT was also raised by 47.2% to EUR 7.20 million and at EUR 85.25 million, order intake was 48.3% up on the preceding year. To date, the company has only been moderately affected by the economic downturn.  
 
Generally positive market environment
The general economic situation in 2008 proved extremely favourable for the mechanical engineering business of Binder+Co. The construction and construction sub-supply industry in western and eastern Europe, the global recycling branch and the iron and steel industry all showed solid development and thus formed a stable basis for the highly successful course of business of Binder+Co during the past year.
 
Sales and result markedly higher
Due to the positive market climate, in 2008 the Binder+Co increased its sales by 37.4% to EUR 73.45 million (2007: EUR 53.44 million). The main factor behind this impressive growth rate was the conclusion of numerous large system and plant projects in all three product segments.  
 
Following the powerful sales growth in recent years, EBIT in 2008 was again raised considerably. At EUR 7.20 million, EBIT was a notable 47.2% higher than the figure for 2007 (2007: EUR 4.89 million). The basis for this excellent development was formed by a marked improvement in market presence, which resulted in the stimulation of a considerable increase in demand for Binder+Co products. In addition, the optimisation programme for a reduction in the delivery times and greater productivity launched in 2007 also had a positive effect in all company segments.
 
Performance of the individual product segments
In 2008, the Processing Technology Segment benefited from the continuing strong demand in western and eastern Europe, as well as that from the Asian iron and steel industry. Processing Technology Segment sales in 2008 rose to EUR 33.48 million (45.6% of total sales), the resultant EBIT contribution amounting to EUR 3.38 million (47.0% of total EBIT). Order intake
in this segment was characterised by a satisfactory blend of single machine and system contracts and as at the year-end stood at a total of EUR 48.11 million. The order value
thus obtained in 2008 was virtually double that of the previous year.
 
The past financial year in the Environmental Technology Segment was characterised by numerous system projects. Binder+Co was particularly successful with the marketing of its new CLARITY PLUS technology. Environmental Technology Segment sales of EUR 28.26 million (38.5% share of sales) represented an increase of 87.0% over the preceding year
and the segment also furnished an EBIT contribution of EUR 3.61 million (50.1% of total EBIT). In total, new orders with a value of EUR 29.13 million were captured in 2008.
 
With effect from October 1, 2008 the Binder+Co Packaging Technology Segment was brought into the subsidiary Statec Binder GmbH, a joint venture with the former competitor, Statec GmbH. Binder+Co AG has a 50.7% shareholding in Statec Binder GmbH, which has thus been fully consolidated within Binder+Co’s consolidated financial statements.
 
During 2008, the Packaging Technology Segment achieved sales of EUR 11.71 million (15.9% of total sales), which was 12.3% higher than in the preceding year. However, as a result of the clearance of low-margin system projects, at EUR 0.21 million (2.9% of total EBIT) segment EBIT remained at the level of the previous year. In total, the segment achieved order intake of EUR 8.01 million.  
 
Export business continues to be of major significance
Binder+Co’s international sales during the period under review provided 90.0% (2007: 87.0%) of total sales, which underlined the massive importance of export business. With a share of sales of 47.4%, western Europe excluding Austria remained the largest sales market, followed by central and eastern Europe (CEE and CIS) with 25.2%. Asia and Australia furnished 11.1% of sales, Africa and the Americas, 6.3%.
 
Positive order situation maintained
Total order intake in 2008 amounted to EUR 85.25 million, which was EUR 27.76 million or 48.3%, above the value of the previous year (2007: EUR 57.49 million). As at December 31, 2008, the Binder+Co Group had secured an order backlog of EUR 32.99 million. This figure already contains an order volume of EUR 9.27 million for 2010.
 
Outlook
Although to date Binder+Co has not felt any major effects of the economic and financial crisis and, due to the high order backlog, 2009 is well covered, at present a longer range forecast concerning company development is difficult. On the basis of solid order backlog, Binder+Co expects that the positive sales and EBIT levels of 2008 can be retained. However, following the strong growth of 2007 and 2008, even under normal economic conditions, it would have been difficult to improve markedly on the sales and results of previous years.   
   
The Binder+Co share shows a solid price trend
During 2008, the price of the Binder+Co share, which is listed in the mid market of the Vienna Stock Exchange, could not escape the general market trend. Starting from a level of EUR 12.79 at the beginning of the year, by the year-end 2008 the price had fallen by some 26% to stand at EUR 9.45. This was the lowest level since the IPO. However, as compared to the ATX, which fell by over 61% in the same period, the Binder+Co share performed relatively well.
 
Share buy-back
For the planned stock option programme, the Management Board of Binder+Co AG continued the share buy-back approved by the Annual General Meeting on March 26, 2008, to an amount equalling 10% of share capital.
 
Inquiries
Dr. Karl Grabner, member of the Management Board
Tel.: +43 (0)3112/800-363
 
The Binder+Co Group
Binder+Co AG 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 has been listed on the Vienna Stock Exchange since December 2006 and
in June 2007 was admitted to the new mid market segment. It has been authorised to participate in regulated OTC trading since July 2007.

With effect from October 1, 2008, the activities of the Binder+Co Packaging Technology Segment were brought into the subsidiary, Statec Binder GmbH, in which Binder+Co AG
holds a majority interest of 50.7%. In 2008, Binder+Co had an average workforce of 236,
sales amounting to EUR 73.45 million and EBIT of EUR 7.2 million. The company therefore had a solid EBIT margin of 9.8%.

Gleisdorf, February 9, 2009. As anticipated, Binder+Co AG’s highly positive business development of the first nine months of 2008 was maintained in the final quarter and as a consequence, the overall result for the financial year expired is most satisfactory. The company issued this information today, in a deviation from the original financial calendar, due to the fact that the consolidated financial statements could be completed ahead of schedule.
 
In 2008, Binder+Co sales amounted to EUR 73.45 million, which represented a notable increase of 37.4% over the figure for the preceding year (2007: EUR 53.44 million). In addition, at EUR 7.20 million, EBIT was also well up on the EUR 4.89 million achieved in 2007, and operating cash flow more than doubled to EUR 8.27 million (2007: EUR 3.20 million).      
 
The background to this continuing good performance was provided by the conclusion of several large system and plant projects in all product segments and the successes attained
in new CEE and CIS markets.
 
As awaited, at 40.0%, return on equity (ROEEBIT) in 2008 was clearly higher than the 34.5% of the previous year, while the equity ratio remained at a consistently solid level of 38.4% (2007: 44.5%).
 
In view of these positive business developments, at the Annual General Meeting on March 25, 2009, the Management Board will recommend a dividend of EUR 0.64 per share for the financial year expired. Following share dividends of EUR 0.48 for 2007 and EUR 0.32 for 2006, this again represents a sizeable increase. The intention is that the stockholders who have accompanied Binder+Co on its path through the past three years should participate to a reasonable extent in the company’s steadily growing business success.  
 
The Binder+Co AG Management Board is also continuing to implement the programme approved by the Annual General Meeting of March 26, 2008, for the buy-back of a maximum
of 10% of company stock for the planned stock option programme.   
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, November 18, 2008. The positive mood in Binder+Co’s branches and markets, as well as the excellent order situation, enabled the Styria-based machinery manufacturer and plant builder to achieve another marked improvement in all its key indicators during the third quarter of 2008. Quarterly sales rose to EUR 19.48 million (Q3/2007: EUR 13.46 million), EBIT doubled to EUR 2.17 million (Q3/2007: EUR 1.10 million) and order intake was also notably higher at EUR 20.91 million (Q3/2007: EUR 15.72 million).
 
Sales rose by 35.8% to EUR 51.03 million
In total, Binder+Co was able to increase its sales for the first three quarters 2008 by 35.8% to EUR 51.03 million (Q1-Q3/2007: EUR 37.57 million). The main factor in this striking growth rate was the clearing of numerous systems projects and orders for individual machines during the period under review, in tandem with strong spare parts and service sales in all of the three Processing Technology, Environmental Technology and Packaging Technology segments.
 
EBIT nearly doubled to EUR 4.93 million
Binder+Co AG EBIT rose by EUR 2.38 million, or 93.3%, to EUR 4.93 million and was thus virtually double that of the comparable period of 2007 (Q1-Q3/2007: EUR 2.55 million). The main element in this increase, which was disproportionately large in comparison with sales, was the clearing of single machine and spare parts orders with sizeable margins.
 
Order intake up by 80.5% at EUR 73.03 million
Company order intake in the first three quarters of 2008 was also outstandingly positive, amounting to EUR 73.03 million, or nearly twice the figure for the same period of the previous year (Q1-Q3/2007: EUR 40.45 million). At the end of September 2008, Binder+Co had an order backlog of EUR 42.07 million, which was well above the comparable figures for the preceding year (December 31, 2007: EUR 20.07 million, September 30, 2007: EUR 18.90 million) and forms a solid basis for use of capacity and sales in the months to come.
 
Outlook
In spite of the generally subdued economic mood, demand in Binder+Co’s branches and markets in recent months continued to be extremely robust. Against this background and in view of the high order backlog of EUR 42.07 million as at September 30, 2008, the Binder+Co management expects that sales and EBIT for the year as a whole will be well above the levels of 2007. In view of the global financial crisis, in 2009 the company will seek to at least maintain the 2008 sales and earnings objectives.
 
Binder+Co share shows moderate losses
In line with the general market trend, during the period under review the price of the Binder+Co AG share, which is listed on the Vienna Stock Exchange mid market, showed a downward trend, but performed far better than the market as a whole. On the basis of a level of EUR 12.79 at the beginning of 2008, the price fell by around 7.0% in the first nine months of the year and as at September 30, 2008, stood at EUR 11.89. In the same period, the ATX was down by around 38.6%.
 
Share buy-back
In May 2008, Binder+Co commenced the buy-back of shares up to a volume of 10% of share capital, approved by the Annual General Meeting of Shareholders on March 26, 2008. The repurchased shares are intended for issue to Binder+Co AG employees in the course of a stock option programme and by September 30, 2008, 56,247 shares had been purchased
at an average price of EUR 11.73.
 
Binder+Co
Binder+Co AG is a specialist in the fields of processing, environmental and packaging technology and the world market leader in the screening and glass recycling segments. The company has been listed on the Vienna Stock Exchange since December 2006 and in June 2007 was admitted to the new mid market segment. It has been authorised to participate in regulated free trading since July 2007. In 2007, Binder+Co had an average workforce of 214, sales amounting to EUR 53.4 million and EBIT of EUR 4.9 million. The company therefore
had a solid EBIT margin of 9.2%.

 Joint venture brings a move up to join the top international players

Gleisdorf, November 3, 2008. Last Friday (October 31, 2008), Binder+Co AG, which is listed in the mid market of the Vienna Stock Exchange, signed contracts that will significantly expand its packaging technology business. The company had already announced on October 16 that the conclusion of this transaction was imminent.

The now established joint venture with Statec, a company also located in Gleisdorf, Austria, will create a specialist packaging technology enterprise of international standing. Binder+Co is to bring in its packaging technology business and in return will receive a 50.7% participation in the new STATEC BINDER GmbH. The remaining 49.3% will be held by the former owner of Statec.

As Karl Grabner from the Binder Board explains, “I am extremely pleased that we have achieved the goal as planned. With the new joint venture we have not only initiated a constructive co-operation with one of our most important competitors, but at a stroke we have moved up to be among the top international echelon of packaging systems suppliers. Owing to the fact that we offer the world’s fastest machinery, this opens up considerable potential. Moreover, we anticipate that this teamwork will also provide us with interesting synergies in the areas of product development, production and sales.”

The two partner companies are successful in the high-performance open mouth bagging sector and supplement each other perfectly with regard to both their product portfolios and sales networks. Binder+Co is also active in the field of palletising technology, while Statec offers bag marking and production modules.

In geographic terms, Statec brings in important European markets while Binder+Co has strengths in North and South America, as well as in Asia. As the two companies focus partially on differing branches, this spread offers considerable promise from two perspectives. In the coming years, south-east Asia, India, South Korea, South America, Eastern Europe, the Arab World and Europe will form joint marketing targets, while the emphasis in branch terms will be on the petrochemical industry and feed, fertilizer and sugar producers.

Jörg Rosegger, the Binder+Co Board member with responsibility for sales sees the planned co-operation as providing a decisive extension to the company’s scope for action, “As a result of the concentration of experience and know-how and our joint market activities, we will become the global market leader in the high-performance open mouth bagging area, which is our product segment. Consequently, we can employ our recognised position as a trendsetter in the field of innovative and cost-effective industrial packaging to still greater effect. The use of the STATEC brand, which has an extremely strong market presence, will provide additional support in this regard.”

In the medium-term, Binder+Co anticipates that apart from an increase in sales, the new joint venture will also provide markedly expanded market access. In the past three years, core business in the packaging technology field has furnished 15 to 20% of Binder+Co AG’s total sales. In the medium-term, an increase in the share of sales to 25 to 30% is planned via the joint venture.

Open mouth bagging
The term open mouth bagging is understood as meaning the filling of pre-produced paper, plastic film or synthetic fabric bags with free flowing bulk goods such as fertilizer, plastic granulate, feed or salts. Once filled, the bags weigh 5 to 50 kg and are subject to technical demands that consist mainly of the highest possible packaging capacity, high plant availability and low defect levels.

BINDER+CO
Binder+Co AG 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 has been listed on the Vienna Stock Exchange since December 2006 and in June 2007 was admitted to the new mid market segment. It has been authorised to participate in regulated free trading since July 2007. In 2007, Binder+Co had an average workforce of 214, sales amounting to EUR 53.4 million and EBIT of EUR 4.9 million. The company therefore had a solid EBIT margin of 9.2%.  

The nucleus of Binder+Co’s packaging technology business activities, which were launched in 1978, has long been formed by open mouth bagging plants. Their concept has been continually refined with the result that increasing demands relating to quality, performance and reliability are always met in full. The plants are characterised by the greatest flexibility with regard to the types of bag, material, size and wear, optimum matching with widely differing products, high performance, maximum plant availability, simple operation and menu guidance. The plants can be employed for artificial fertilizers, salts, chemical and petrochemical industry products, sand, cement, sugar, rise, maize, seeds, animal feed and other free flowing bulk goods.

STATEC
Within just a few years, Statec, which was founded at the end of 1999, has secured a significant role in the packaging technology sector and is respected around the world as a competent partner for all open mouth bagging applications.

Statec machines are designed for high-speed operations, but are nonetheless suitable for universal employment. As a result, a variety of bulk goods can be handled using virtually every type of bag currently available on the market. Moreover, the company attaches special importance to customised solutions, innovation and efficiency and its packaging plants can be fitted with fully automatic labelling and bag marking systems. This not only raises the level of plant automation, but also facilitates the fulfilment of regional legal statutes. Statec recently launched its revolutionary, high-performance “System R” packing system, which represents an absolute market innovation. This system combines direct bag production from synthetic tubular fabric with proven, fully automatic Statec packing capacity and thus furnishes major advantages with regard to cost-efficiency, productivity and availability.  

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, October 31, 2008. Binder+Co AG, which is listed in the mid market of the Vienna Stock Exchange, wishes to announce that with effect from October 27, 2008, the participation of Capital Bank GRAWE Gruppe AG in the company amounts to less than 5%.
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, October 20, 2008. Binder+Co AG, which is listed in the mid market of the Vienna Stock Exchange, wishes to announce that with effect from October 15, 2008, the participation of AvW Gruppe AG in the company stood at 29.187% and thus exceeded the 25% limit.

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, October 17, 2008. Binder+Co AG, which is listed in the mid market of the Vienna Stock Exchange, wishes to announce that with effect from October 9, 2008, the participation of AvW Gruppe AG in the company stood at 24.92% and was thus below the 25% limit.
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Joint venture with STATEC Anlagentechnik GmbH in preparation
Development into a top international player

Gleisdorf, October 16, 2008. Binder+Co AG, which is listed in the mid market of the Vienna Stock Exchange, is about to initiate a significant expansion of its packaging technology business. A specialist packaging technology company of international standing is to be created through a joint venture with STATEC Anlagentechnik GmbH, a company also located in Gleisdorf, Austria. Binder+Co is to bring its packaging technology business into STATEC Anlagentechnik GmbH, which in future will operate as STATEC BINDER GmbH. In return, Binder+Co will receive 51% of stock, while the remaining 49% will remain with the existing STATEC owner company.  
 
As Karl Grabner from the Binder Board explains, “With this step we have not only initiated a constructive co-operation with one of our most important competitors, but at a stroke we have moved up to be among the top international echelon of packaging systems suppliers. Owing to the fact that we offer the world’s fastest machinery, this opens up considerable potential. Moreover, we anticipate that this teamwork will also provide us with interesting synergies in the areas of product development, production and sales.”  
 
The two companies are successful in the high-performance open mouth bagging sector and  supplement each other perfectly with regard to both their product portfolios and sales networks. Binder+Co is also active in the field of palletising technology, while STATEC offers bag marking and production modules.  
 
In geographic terms, STATEC brings in important European markets while Binder+Co has strengths in North and South America, as well as in Asia. As the two companies focus partially on differing branches, this spread offers considerable promise from two perspectives. In the coming years, south-east Asia, India, South Korea, South America, Eastern Europe, the Arab World and Europe will form joint marketing targets, while the emphasis in branch terms will be on the petrochemical industry and feed, fertilizer and sugar producers.
 
Jörg Rosegger, the Binder+Co Board member with responsibility for sales sees the planned co-operation as providing a decisive extension to the company’s scope for action, “As a result of the concentration of experience and know-how and our joint market activities, we will become the global market leader in the high-performance open mouth bagging area, which is our product segment. Consequently, we can employ our recognised position as a trendsetter in the field of innovative and cost-effective industrial packaging to still greater effect. The use of the STATEC brand, which has an extremely strong market presence, will provide additional support in this regard.”
 
In the medium-term, Binder+Co anticipates that apart from an increase in sales, the new joint venture will also provide markedly expanded market access. In the past three years, core business in the packaging technology field has furnished 15 to 20% of Binder+Co AG’s total sales. In the medium-term, an increase in the share of sales to 25 to 30% is planned
via the joint venture.
 
Open mouth bagging
The term open mouth bagging is understood as meaning the filling of pre-produced paper, plastic film or synthetic fabric bags with free flowing bulk goods such as fertilizer, plastic granulate, feed or salts. Once filled, the bags weigh 5 to 50 kg and are subject to technical demands that consist mainly of the highest possible packaging capacity, high plant availability and low defect levels.
 
Binder+Co
Binder+Co AG 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 has been listed on the Vienna Stock Exchange since December 2006 and in June 2007 was admitted to the new mid market segment. It has been authorised to participate in regulated free trading since July 2007. In 2007, Binder+Co had an average workforce of 214, sales amounting to EUR 53.4 million and EBIT of EUR 4.9 million. The company therefore had a solid EBIT margin of 9.2%.   
 
The nucleus of Binder+Co’s packaging technology business activities, which were launched in 1978, has long been formed by open mouth bagging plants. Their concept has been continually refined with the result that increasing demands relating to quality, performance and reliability are always met in full. The plants are characterised by the greatest flexibility with regard to the types of bag, material, size and wear, optimum matching with widely differing products, high performance, maximum plant availability, simple operation and menu guidance. The plants can be employed for artificial fertilizers, salts, chemical and petrochemical industry products, sand, cement, sugar, rise, maize, seeds, animal feed and other free flowing bulk goods.  
 
STATEC
Within just a few years, STATEC Anlagentechnik GmbH, which was founded at the end of 1999, has secured a significant role in the packaging technology sector and is respected around the world as a competent partner for all open mouth bagging applications.
 
STATEC machines are designed for high-speed operations, but are nonetheless suitable for universal employment. As a result, a variety of bulk goods can be handled using virtually every type of bag currently available on the market. Moreover, STATEC attaches special importance to customised solutions, innovation and efficiency and its packaging plants can be fitted with fully automatic labelling and bag marking systems. This not only raises the level of plant automation, but also facilitates the fulfilment of regional legal statutes. STATEC recently launched its revolutionary, high-performance “System R” packing system, which represents an absolute market innovation. This system combines direct bag production from synthetic tubular fabric with proven, fully automatic STATEC packing capacity and thus furnishes major advantages with regard to cost-efficiency, productivity and availability.  
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, August 19, 2008. The thoroughly positive market climate and the solid order basis secured in the last quarter of 2008, enabled the Styrian-based Binder+Co, which specialises in processing, environmental and  packaging technology, to achieve a marked improvement in its sales and results for the first half of 2008.

Sales up by almost a third, EBIT virtually doubled
Binder+Co was able to raise its sales for the first half-year 2008 by 30.9% to EUR 31.55 million (H1/2007: EUR 24.11 million). The main factor in this notable growth rate was the clearing of numerous systems projects in the  three product segments, processing, environmental and packaging technology. Last, but not least, the spare parts and services business in all segments made a major contribution to the successful course of business. The significance of the after-sales area is reflected by its share of sales, which in recent years has remained relatively constant at a level of around 20.0%. In this area, Binder+Co profited from the increasing demand for single machines from the product segments.

During the period under review, foreign sales revenues amounted to 84.7% (H1/2007: 78.6%) of total revenues and thus underlined the importance of export business. The EU (excluding Austria) continued to be the main  market with a share of 48.5%, followed by eastern Europe (CEE and CIS) with 17.5%. 13.4% of sales revenues emanated from Asia and Australia, 5.3% from Africa and the Americas.

EBIT was virtually double that achieved in the comparable period of 2007 (H1/2007:
EUR 1.45 million) and amounted to EUR 2.76 million (+90.3%). The main factors in this disproportionately large increase as opposed to  sales were the improved margins obtained for cleared single machine orders and strong spare part and service business.

Order intake more than doubled
With total order intake of EUR 52.12 million, which was more than twice the figure for the previous year (H1/2007: EUR 24.73 million), at the end of June 2008, Binder+Co had an order backlog of EUR 40.64 million. This figure is not only clearly above the comparative totals of the past year (December 31, 2007: EUR 20.07 million, June 30, 2007: EUR 16.64 million), but also creates an excellent basis for the second half of 2008. With a backlog of EUR 40.64 million, an order volume of just over EUR 16.00 million has already been secured for 2009 and 2010.

Outlook
Economic development in Europe (western Europe, CEE) has a marked influence on Binder+Co growth and according to the European Commission (as at April 2008) GDP growth of 1.5% can be expected for 2009 as a whole.
 
Even if the predictions regarding general economic development are somewhat less optimistic than those originally given, the estimates for Binder+Co remain above these forecasts. On the basis of the solid performance of the first half of 2008, the management of Binder+Co AG expects that sales and EBIT for the whole of 2008 will be higher than the 2007 figures.

The Binder+Co share price follows the market trend
In line with the general market trend, during the period under review the price of the Binder+Co AG share, which is listed on the Vienna Stock Exchange, showed a downward trend. On the basis of a level of EUR 12.79 at the  beginning of 2008, the price fell by around 7.0% in the first six months of the year and on June 30, 2008, stood at EUR 11.90. As compared to the ATX, which in the same period fell by around 12.0%, the Binder+Co share performed relatively well.

Share buy-back
In May 2008, Binder+Co commenced the buy-back of shares up to a volume of 10% of share capital, approved by the Annual General Meeting of Shareholders on March 26, 2008. By the end of May, a package of 40,000 shares had been purchased at a price of EUR 11,75. The repurchased shares are intended for use in the planned employee stock option programme.

Binder+Co
Binder+Co AG specialises in processing, environmental and packaging technology and is the world market leader in the field of screening technology (for difficult to screen bulk materials) and glass recycling. The company, which has been listed on the Vienna Stock Exchange since December 2006, was admitted to the newly created mid market segment in June 2007 and in July 2007 was authorised to participate in OTC trading. With an average of 214 employees, in 2007 Binder+Co achieved sales of EUR 53.4 million and hence EBIT of EUR 4.9 million. Accordingly, the EBIT margin amounted to a solid 9.2%.
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, May 20, 2008. The 2007 financial year was already characterised by a thoroughly favourable economic climate for Binder+Co, which specialises in processing, environmental and packaging technology, and this positive market mood continued in the first quarter of 2008. As a result of the solid basis established in the last quarter of 2007, Binder+Co was again able to markedly improve both its sales figures and result for the first three months of 2008.
 
Strong sales growth continues
During the first quarter of 2008, Binder+Co achieved total revenues of EUR 15.01 million, which represented an increase of EUR 3.40 million, or 29.3%, over the preceding year. The decisive factor in this notable rise was the completion of several major projects. With EUR 8.03 million (+18.1%) the Processing Technology Segment again provided the bulk of sales revenues (53.5%). The Environmental Technology Segment attained revenues of EUR 3.98 million (+78.5%), which mirrored the high levels of market dynamism in this sector, while the Packaging Technology Segment had revenues of EUR 3.00 million (+16.3%).
                       
Foreign sales in the first quarter of 2008 accounted for 81.1% (Q1/2007: 82.6%) of total revenues. Europe (western and eastern Europe, including Austria) continued to be the main market with a share of 86.7%. 7.1% of sales revenues emanated from Asia and Australia, 6.2% from Africa and the Americas.
 
Profit on a solid basis
On the basis of this positive revenue development, as compared to the corresponding period of the previous year, Binder+Co was able to raise its EBIT by 24.5%, from EUR 0.94 million to EUR 1.17 million. The largest contribution to this figure derived from the Processing Tech-nology Segment with EUR 0.84 million, followed by Packaging Technology with EUR 0.31 million and Environmental Technology, which also achieved a positive quarterly result of EUR 0.02 million.
 
Order intake more than doubled
The order situation developed in an especially satisfactory manner. At EUR 28.69 million, order intake was more than double that for the first three months of 2007. Moreover, at the end of the first quarter, order backlog amounted to EUR 33.75 million, which was also markedly higher than the comparable figures for the preceding year (December 31, 2007:
EUR 20.07 million, March 31, 2007: EUR 16.3 million).
 
Outlook
On the basis of the solid order backlog as at March 31, 2008, the Binder+Co management anticipates that overall sales revenues and EBIT for the 2008 financial year will at least emulate the satisfactory level of 2007.
 
In the medium-term, Binder+Co’s corporate strategy is aimed at the opening up of new markets, especially in the CEE region, and an intensification of efforts in existing sales areas. At the same time, Binder+Co is working on the development of new and innovative products and the ongoing enhancement of the existing product portfolio. In addition, productivity at the Gleisdorf location is being raised continually in order to ensure that the solid result level can
be maintained in the longer term.
 
The Binder+Co share price follows the market trend
During the period under review, in line with the general market trend, the price of the Binder+Co AG share, which is listed on the Vienna Stock Exchange, showed a downward trend. On the basis of a level of EUR 12.79 at the beginning of 2008, the price fell by around 5.0% in the first three months of the year and on March 31, 2008, stood at EUR 12.15. As compared to the ATX and WBI, which in the same period fell by 16.5% and 13.2% respectively, the Binder+Co share performed relatively well.  
 
Binder+Co
Binder+Co AG specialises in processing, environmental and packaging technology and is the world market leader in the field of screening technology and glass recycling. The company, which has been listed on the Vienna Stock Exchange since December 2006, was admitted to the newly created mid market segment in June 2007 and in July 2007 was authorised to participate in OTC trading. With an average of 214 employees, in 2007 Binder+Co achieved sales of EUR 53.4 million and hence EBIT of EUR 4.9 million. Accordingly, the EBIT margin amounted to a solid 9.2%.

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, May 19, 2008.

Following the approval of a resolution by the 9th Annual General Meeting of Binder+Co AG shareholders on March 26, 2008, the Management Board was authorised for a period of 30 months, which will expire on September 26, 2010, to repurchase company stock, whereby the number of shares bought shall not exceed 10% of share capital and the transaction value per purchased share be between EUR 10.00 and EUR 20.00. This resolution was published on the Binder+Co website on April 15, 2008.
 
On May 16, 2008, the Binder+Co AG Management Board decided to implement this authorisation.
 
Information concerning the buy-back programme
 
Duration: May 26, 2008 until September 26, 2010 at the latest
 
Share category: ordinary shares
 
Planned volume: maximum of 375,000 ordinary shares, i.e. 10% of share capital
 
Purchase price: according to the AGM resolution, the purchase price per share shall
be between EUR 10.00 and EUR 20.00.
 
Type of purchase: stock exchange
 
Purpose of purchase:
Stock option programme – issue of the shares to the workforce, executive management and members of the company’s Management Board.
 
The Stock Option Programm is scheduled to last five years.
The following distribution is planned:

Management Board:       28,000 shares
Segment managers:      37,000 shares
Unit managers:               73,000 shares
Other employees:         166,000 shares
 
The share buy-back programme has no effect on the Binder+Co AG stock exchange trading authorisation.   

In accordance with §§ 6 and 7 of the Publication Directive, changes and the transactions completed within the scope of the buy-back programme will be published via the Internet
on the Binder+Co AG website under http://www.binder-co.com

Inquiries
Karl Grabner

Gleisdorf, April 17, 2008.
 
Binder+Co’s production centre in Gleisdorf recently manufactured and delivered the 1,000th BIVITEC special screening machine to its operational destination in Poland. Together with three other identical machines, the 1,000th BIVITEC is to be used for the low-energy screening of sand and gravel at the OKSM Group’s gravel works in Osztyn.
 
This order reflects the successful penetration of the CEE market, which Binder+Co intends to step up in the coming years. Further evidence of the fact that the company has already established a reputation in the region is provided by the installation in the past year of an initial complete used glass handling system at the Pila Recycling Centre in Poland.   
 
BIVITEC – a product with a long past and an exciting future
With BIVITEC, Binder+Co AG is the market leader in the field of screening machines that guarantee top performance even under difficult conditions. Developed in 1984 for the screening of damp coal, BIVITEC has also proven highly effective with regard to the handling of a range of other materials that are difficult to screen, and has convinced customers from around the globe. Small wonder that the company chairman, Karl Grabner succinctly describes BIVITEC as being a product with a long past and an exciting future.
 
As a core product, the BIVITEC screening machine is also closely linked to the success of the company. Member of the Board, Jörg Rosegger regards BIVITEC as a synonym for everything that Binder+Co stands for: “Outstanding technology, experience and enormous commitment.” Constant further development and new areas of application have turned BIVITEC into a bestseller and since 2007, a targeted modification has also enabled the recycling industry to profit from its powerful screening performance.
 
At a small celebration in Binder+Co’s “Rundhalle” both Board members expressed their thanks to the entire workforce for the successful teamwork that this 1,000th machine represents.
 
Binder+Co screening technology
As a result of its extensive range of technical solutions and comprehensive know-how with regard to the screening of bulk goods, Binder+Co AG is able to provide its customers with the ideal screening machine for any type of raw material.

In addition to conventional linear vibration screening, BIVITEC also uses circular vibration and resonance screening for extremely difficult tasks. Indeed, with its dynamic excited screen surfaces, which do not permit blockages, BIVITEC constitutes the ideal solution for damp materials that are difficult to screen.
 
Binder+Co
Binder+Co AG specialises in processing, environmental and packaging technology and is the world market leader in the field of screening technology (for difficult to screen materials) and glass recycling. The company has been listed on the Vienna Stock Exchange since December 2006 and in June 2007 was admitted to regulated OTC trading in the newly
created mid market segment. With an average of 214 employees, in 2007 Binder+Co achieved sales of EUR 53.4 million and hence EBIT of EUR 4.9 million. Accordingly,
the EBIT margin amounted to a solid 9.2%.

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf / Vienna March 27, 2008
 
A new Supervisory Board was elected at the 9th Ordinary
General Shareholders Meeting of Binder+Co AG.
 
At its subsequent constituent meeting, the Supervisory Board then elected a chairman and vice-chairman and now demonstrates the following composition:
                                                                                            
Dr. Wolfgang Auer von Welsbach – Chairman
Dr. Kurt Berger – Vice-Chairman
Dkfm. Herbert W. Liaunig
Dr. Gerhard Heldmann
 
Staff Council delegates:
Johann Voit
Alfred Gschweitl

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Operating profit improved by 25% in 2007

Gleisdorf / Vienna, March 26, 2008

As expected, at today’s AGM, the Binder+Co AG shareholders approved the annual financial statements presented for 2007. During the past year the Gleisdorf-based processing, environmental and packaging technology specialist was once again able to achieve dynamic development in all areas. Sales were up by 25.2% at EUR 53.4 million, while EBIT was improved by 25.7% to EUR 4.9 million. At EUR 57.5 million, company order intake was also up 25.0% on the value for the preceding year.
 
Following today’s approval by the AGM, the positive result prompted Binder+Co to distribute a dividend of 48 cents per share to shareholders. This represents a payout ratio of around 50%. Furthermore, the AGM authorised the company’s acquisition of up to 10% of its own shares over a period of no more than 30 months. The acquired shares will be offered for acquisition to all employees, including all Management Board members, in the course of a stock option programme.
 
Member of the Board, Karl Grabner, “This dividend and the agreed stock option programme serve to underline our sustained success course and commitment to providing our stockholders with a commensurate share of the benefits.”
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Ordentliche Hauptversammlung beschließt Dividende von 48 Cent pro Aktie und Stock-Option-Programm  Betriebsergebnis 2007 um 25 % gesteigert  

Gleisdorf / Wien, 26. März 2008. 
Erwartungsgemäß haben die Aktionäre der Binder+Co AG den in der heutigen Haupt-versammlung vorgelegten Jahresabschluss 2007 positiv zur Kenntnis genommen. Der Gleisdorfer Spezialist für Aufbereitungs-, Umwelt- und Verpackungstechnik konnte auch im abgelaufe-nen Geschäftsjahr wieder eine dynamische Entwicklung in allen Bereichen erzielen. Mit einem Plus von 25,2 % steigerte Binder+Co ihren Umsatz im vergangenen Jahr auf EUR 53,4 Mio., das EBIT konnte um 25,7 % auf EUR 4,9 Mio.  verbessert werden. Auch der Auftragseingang lag mit EUR 57,5 Mio. um 25,0 % über dem Vorjahreswert.     Das gute Ergebnis veranlasst Binder+Co, den Aktionären – nach heute erteilter Zustimmung der Hauptversammlung – für 2007 eine Divi-dende von 48 Cent je Aktie auszuschütten. Das entspricht einer Ausschüttungsquote von rund 50 %. Weiters genehmigte die Hauptver-sammlung den Erwerb von eigenen Aktien im Ausmaß von bis zu 10 % über einen Zeitraum von max. 30 Monaten. Die erworbenen Aktien sollen im Rahmen eines Stock-Option-Programms allen Mitarbeitern und Mitgliedern des Vorstands der Gesellschaft zum Erwerb angebo-ten werden.     Vorstand Dr. Karl Grabner: „Mit dieser Dividende und dem beschlossenen Stock-Option-Programm unterstreichen wir das Vertrauen in unseren nachhaltigen Erfolgskurs und unser Commitment, Aktionären und Mitarbeitern einen angemessenen Anteil daran zu bieten.“ 

Rückfragen 
Dr. Karl Grabner
Mitglied des Vorstands
Tel.: +43/3112/800-363

Binder + Co AG
Report pursuant to § 95 para 6 in connection with § 159 para 2 subpara 3 of the Austrian Corporations Act (Aktiengesetz)
 
Gleisdorf, March 11, 2008. After obtaining the required authorization from the next Annual General Meeting of Shareholders on March 26, 2008 the company plans to acquire own shares in order to offer them for acquisition to all employees, including all Management Board members, in the course of a stock option programme.
 
The number of options will differ in line with the functions of the individual employees. Over the next five years, the intention is to grant 10,000 options to each member of the Management Board, 5,000 options each to Segment managers, 2,500 options each to Business Area managers, 1,200 options each to members of the technical management hierarchy and 500 options each to all other employees. Taking into account an increase in the number of employees and the members of the Management Board, a total number of around 300,000 options is foreseen. In all cases, this will be less than 10% of the shares issued, totalling 375,000, in order to ensure that the maximum permitted limit of 10% of own shares is not exceeded.
 
The stock option programme envisages that every employee to whom options are allotted  should acquire the shares at the price, which existed at the time of the granting of the option. This will give each employee with an option entitlement under the stock option programme, the opportunity to benefit from any price gains occurring between the granting and exercising of the options. No further conditions are attached to the exercise of the options, in particular neither the achievement of a specific share price target, nor the achievement of certain minimum results by the company.
 
The stock option program will provide an annual window for the exercise of the options lasting for 14 days after the publication of the annual financial statements on the company homepage.
 
It is foreseen that this stock option programme will be agreed jointly by the Supervisory and Management Boards.

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, March 6, 2008. Binder+Co AG wishes to announce that with effect from February 28, 2008, the AvW Gruppe AG holds 1,008,698 of its shares (approx. 26.9% of registered capital). As a result, the 25% threshold contained in §91 Paragraph 2 of the Stock Exchange Act has been exceeded. Moreover, due to their interests in the AvW Gruppe AG, as a consequence of this transaction the following legal and private personages have also exceeded the 25% threshold with regard to Binder+Co AG registered capital carrying voting rights:
AvW Beteiligungsverwaltung GmbH, which has a 100% interest in the AvW Gruppe. The single shareholder in AvW Beteiligungsverwaltung GmbH is the Auer von Welsbach Private Trust, the founder of which has the sole right to alter the trust declaration is
Dr. Auer von Welsbach.

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, March 5, 2008. At today’s presentation of its Annual Report for 2007, Binder+Co was again able to convince with positive figures. In the past year, the Styrian specialist for processing, environmental and packaging technology increased its sales by 25.2% to EUR 53.4 million and improved its EBIT by 25.7% to EUR 4.9 million. At EUR 57.5 million, company order intake was also 25.0% up on the value for the preceding year.
 
Dynamic development in all segments
The positive trend in the construction and construction sub-supply industry, the iron and steel industry, the European recycling branch and the booming petrochemical industry in Asia, furnished an appropriate level of dynamism in Binder+Co’s markets and the company was able to use this positive situation for growth in all of its three business segments.
 
In addition to the generally favourable economic climate, Binder+Co’s high levels of expertise as a systems supplier constitute a clear competitive advantage. As a consequence, the sales of single machines and complete systems, as well as business in the after sales services sector, were all markedly increased. At the same time, Binder+Co consolidated its market positions in all three of its product segments.  
 
Developments in the individual product segments
In 2007, the Processing Technology Segment benefited from strong demand from Western and Eastern Europe, and Asia. The high levels of demand in the CEE and CIS states derived mainly from the minerals and construction materials industry, while the southeast Asian and Indian markets were characterised by a prolongation of solid demand from the iron and steel production industry. Accordingly, the prudence of the decision to concentrate on increased activities in these markets was clearly confirmed. Processing Technology Segment sales in the period under review amounted to EUR 24.98 million (46.7 % of total sales), the EBIT contribution totalling EUR 3.59 million (73.4 % of total EBIT). Order intake in this segment in 2007, was largely characterised by single machine orders and at year-end stood at a total of EUR 25.81 million.
 
The first half of 2007 in the Environmental Technology Segment was characterised by single machine business in the glass recycling area, which emanated from numerous expansion and modification projects in the EU states, and initial plants in Eastern Europe. The second half of the year saw the intake of more orders for complete systems, in particular from Western Europe and North America. The new generation of the CLARITY PLUS product family, which can also cover the special- glass sorting area through the use of multi-sensor technology, developed into an absolute best seller. During the period under review, this segment also completed a glass-recycling centre in Pila, Poland, which constitutes a reference project of significance for the highly promising markets in Central and Eastern Europe. At EUR 15.11 million (28.3 % of total sales), Environmental Technology Segment sales were 16 % up on the preceding year. The Segment provided an EBIT contribution of EUR 1,09 million (22.3 % of total EBIT). A total of EUR 15.74 million in new orders was captured.
 
During the period under review, the sales situation in the Packaging Technology Segment
was extremely positive. In India and Southeast Asia the segment profited from the growing demand for complete systems for high-performance packaging and palletising in the petrochemicals industry. Numerous orders were received for single machines from the European, African and Australian markets. Only the order volume in the USA was limited by
the euro exchange rate. On the basis of numerous orders for single machines, the Packaging Technology Segment achieved sales of EUR 13.35 million (25.0 % of total sales) in the past year. This was 76.4 % higher than the figure for 2006.  However, due to low-margin systems orders, at EUR 0,21 million (4.3 % of total EBIT), EBIT was down on the preceding year. Order intake in the segment developed better than in 2006 with a total of EUR 15.94 million in new orders.
 
Innovation as an important factor in success
Binder+Co demonstrates high levels of innovative strength through an average innovation rate of 30%, which means that around a third of new order intakes were achieved with new products, which were launghed to the market within the past three years. In view of the continuing trend towards recycling and resource conservation, the Environmental Technology segment is especially forward looking and with CLARITY PLUS, Binder+Co has launched the first three-way solution for the sorting of used glass by colour to come onto the global market. In the product innovation area, development work is currently under way with regard to sorting devices for minerals, plastics and paper. In addition, a research work in the packaging segment  Is planned.
 
Further growth to be sought
Binder+Co has a clear corporate growth strategy, which on the basis of a strong position as the technology and business leader in important product areas and markets, incorporates the four main objectives of innovation and product development (Product Leadership), focused marketing (Market Reach), process optimisation (Operational Excellence) and targeted acquisitions.
 
Outlook for 2008
In 2008, Binder+Co is to step up its efforts in the high-potential markets of Central and Eastern Europe and Asia, with a special focus on India and Southeast Asia. The company is looking for the rapid implementation of current development projects, further expansion of its sales network in the CEE states and a steady rise in productivity at its Gleisdorf location. The order backlog of EUR 20.07 million at the beginning of the year represents a solid basis for another improvement in sales and the result.
 
In addition, Binder+Co intends to further consolidate its technological leadership with regard to core products, and system and plant building competence is to be augmented. This will both serve the increase of single  machine sales and also strengthen the range of complete package solutions on offer.  
 
The Binder+Co share
Binder+Co also demonstrated positive development during its first year on the Vienna Stock Exchange. In midd-2007, the company became one of the first to transfer to the newly created mid market segment and in July relisting followed to regulated OTC trading.   
 
As far as share performance is concerned, the company can also reflect on solid development during the reporting period. Starting at a level of EUR 10.30 at the beginning of the year, on December 31, 2007, the share price stood at EUR 12.90, which represented a rise of 25.2%.
 
In addition to the company’s highly successful operative development, the Binder +Co share gained added impetus from the withdrawal of Waagner-Biro Beteiligungsverwaltungs GmbH, which in the course of a concentration on steel construction and stage equipment, has sold
all of its shares at February 28, 2008. This has markedly increased both Binder+Co’s liquidity and its attractiveness to investors.

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, March 4, 2008. Binder+Co AG wishes to announce that Capital Bank-GRAWE Gruppe AG has purchased 27,300 Binder+Co shares (5.6% of registered capital) and therefore has exceeded the 5% threshold contained in §91 Paragraph 2 of the Stock Exchange Act.

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, 28 February 2008. Binder+Co AG announces that the Waagner-Biro Beteiligungsverwaltungs GmbH has sold 375,000 Binder+Co shares (10% of the registered capital) to the Herbert Liaunig Privatstiftung. Due to further sales to unknown buyers, Waagner-Biro Beteiligungsverwaltungs GmbH currently retains 850,000 Binder+Co shares (22.67%).

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, February 26, 2008. Binder+Co AG hereby announces that the Waagner-Biro Beteiligungsverwaltungs GmbH has sold 140,000 Binder+Co shares as of 20 February, 2008 to unknown national and international investors. With this sale, the Waagner-Biro Beteiligungsverwaltungs GmbH shareholding falls to 35.95% (1,348,100 shares) of the registered capital.

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, February 5, 2008. Binder+Co AG hereby announces that the Waagner-Biro Investment Management GmbH has reduced their shareholding in Binder+Co AG by 10.41% to 1,485,100 shares or 39.60% of the registered capital.

Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, December 20, 2007. Binder+Co AG wishes to announce that Waagner-Biro Beteiligungsverwaltungs GmbH has acquired 1,875,100 Binder+Co AG shares (50.01 %)
from Waagner-Biro Aktiengesellschaft.
 
Binder+Co AG specialises in processing, environment and packaging technology and is the world market leader in the field of screening technology (for problematic materials) and glass recycling. The company has been listed on the Vienna Stock Exchange since the end of 2006 and in the meantime is part of regulated free trading within the newly created mid market segment.   
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, November 19, 2007. In the third quarter, Binder+Co maintained the momentum of its positive development. In particular, the markets in Western and Eastern Europe showed high levels of dynamism, which had a positive effect  in the company’s individual product segments.
 
Marked rise in sales and the result
In the first nine months of the year, sales were well up on those of the preceding year at EUR 37.57 million (+33% as compared to Q1-Q3/2006). The decisive factor in this notable rise was the order intake of several major plant projects in all three product segments. With EUR 19.76 million, the Processing Technology Segment again provided the bulk of sales (52.6%). The Packaging Technology Segment also saw the clearing of several machine and system projects in the period under review, which led to a total sales volume of EUR 9.99 million. Sales of Environmental Technology Segment reached EUR 7.82 million and were down on the level of the previous year.
 
On the basis of this positive sales trend, as compared to the corresponding period of the previous year, Binder+Co was able to roughly double its EBIT from EUR 1.45 million to EUR 2.55 million. The largest contribution to this figure derived from the Processing Technology Segment with EUR 2.69 million, followed by Packaging Technology with EUR 0.11 million. By contrast, due to the clearing of reference projects with lower profitability levels, EBIT in the Environmental Technology Segment remained somewhat below the value of the previous year at minus EUR 0.25 million. However, these projects have led to the opening up of important markets and customer segments.
 
Cash flow from operating activities in the period under review amounted to EUR 0.86 million and was therefore also well above the level of the first nine months of 2006 (EUR 0.03 million).
 
Strong international sales
During the period under review, foreign sales amounted to 82% (Q1-Q3/2006: 80%) of total sales. Europe (Western and Eastern Europe, excluding Austria) continued to be the main market with a share of 66%. The positive economic climate in the West and increasing order intakes from CEE  markets had a major effect on the orders situation. Indeed, total order intake amounted to EUR 40.45 million, which was EUR 9.35 million, or 40%, up on the figure for the previous year. Order intake in the Processing Technology Segment was mainly characterised by contracts for single machines and totalled EUR 19.21 million. Order intake in the Environmental Technology Segment attained a volume of EUR 11.75 million and to date, 2007 order intake was also very dynamic in the Packaging Technology Segment, where by the end of September, new projects worth EUR 9.49 million had been captured.
 
Outlook
On the basis of the positive performance in the first three quarters, the Binder+Co management anticipates that overall sales and EBIT for the 2007 financial year will be above the 2006 level. In order to ensure that this trend continues in future, the company is pushing forward the rapid realisation of current development projects, the further expansion of the sales network in the CEE region and continuous increases in productivity at the Gleisdorf location.
 
Steady price trend for the Binder+Co share
During the period under review, the price of the Binder+Co AG share, which since May 2007 has been listed on the newly created mid market segment of the Vienna Stock Exchange, showed a positive trend. On the basis of a price of EUR 10.30 at the beginning of 2007, on September 30, the share stood at EUR 11.75 (+14.0%).  
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Binder+Co
Binder+Co AG specialises in processing, environmental and packaging technology and is the world market leader in the field of screening technology (for problematic materials) and glass recycling. The company has been listed on the Vienna Stock Exchange since the end of 2006 and in the meantime has been admitted to regulated free trading in the newly created mid market segment. With an average of 208 employees, in 2006 Binder+Co achieved sales of EUR 42.7 million and hence EBIT of EUR 3,9 million. Accordingly, ROSEBIT amounted to 9.1%.

As part of their strategy of continuous and profitable growth, both organically and through the acquisition of companies, today Binder+Co AG has delivered a non-binding letter of intent in a bidding-process for the purchase of a majority shareholding in a machine and plant manufacturing company. Further information cannot be communicated at this time due to the confidentiality agreement in effect.   
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, August 20, 2007. In the first half of 2007, Binder+Co recorded a marked improvement compared to the previous year. Both sales and the result have been increased, thanks to the favourable economic environment and the billing of some plant projects.
 
Result nearly trebled
In total, the company achieved sales of EUR 24.1 million, exceeding the previous year by EUR 7.6 million, or 46%. On the basis of the positive sales development as well as additional inhouse process optimisation, Binder+Co was able to roughly treble its EBIT to EUR 1.45 million as opposed to the comparable period of the previous year.
 
Segment development
The Processing Technology Segment provided the bulk of sales with EUR 13.0 million (approx. +70% compared to H1/2006). Sales in the Environmental Technology Segment remained at nearly the same level at EUR 4.5 million and the Packaging Technology Segment, with sales of EUR 6.6 million, recorded an increase of 50%. “The Processing Technology Segment remains our strongest segment, continuing to profit from the ongoing strength of the iron and steel industry as well as the increased demand from the minerals sector,” explains Member of the Board Karl Grabner.
 
Order intake shows good development
Order intake also maintained its positive trend. In particular, the key markets in western and eastern Europe presented themselves with noticeable dynamism. In total, at EUR 24.7 million, the order intake in the first half of 2007 was EUR 2.7 million or 12% above that of the previous year.
 
Solid market trend
Binder+Co shares developed solidly in the first half of 2007: on the basis of a price of EUR 10.30 at the beginning of the year, the share price reached EUR 11.65 (+13%) on June 29. Binder+Co also became more interesting for investors in the first half-year: the share, originally listed in the unregulated third market (other listings.at), was accepted into the new mid-market segment on June 18, 2007 and shortly afterwards (July 16, 2007) admitted to regulated free trading. “This means a further increase in our attractiveness for institutional investors,” says Karl Grabner.
 
Outlook
The second half of 2007 will be characterised by a switch to serial production of new products, which have already been launched on the market. Parallel to this, the company will further intensify its market activities in the CEE region. To meet the personnel resources required for this purpose, the workforce in Gleisdorf will be enlarged. For the 2007 financial year, the Binder+Co management anticipates that sales and EBIT will be well above the 2006 level and that quality of results – represented by an ROSEBIT of 9.1% - will be maintained.    
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, July 13, 2007. With effect as of July 16th, Binder+Co AG is to move within the mid-market of the Vienna Stock Exchange from the unregulated third market to the regulated free trading segment. This means that the company share is now listed in the regulated market.
 
The specialist for processing, environmental and packaging technology had been listed since June 18 in the new mid-market segment, however, until now in the third market segment. Prior to this, from the end of 2006, the company had been part of the other listings.at segment. Member of the Board, Karl Grabner, “As a result of this relisting, we will be more attractive to institutional investors, as the investment regulations require frequent listing in a regulated market.”   
 
Binder+Co is the market leader in the area of screening technology for difficult-to-screen materials and glass recycling. In 2006, Binder+Co had an average of 208 employees, and generated sales of EUR 42.7 million and an EBIT of EUR 4.0 million. The ROSEBIT thus amounted to 9.1%. Since listing in December 2006, the price of the company share has risen from EUR 10.00 (issue price) to EUR 11.85 (as of July 13, 2007).   
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363

Gleisdorf, June 20, 2007 – Binder+Co AG, which is listed on the mid-market of the Vienna Stock Exchange, wishes to announce that on June 15, 2007, the stakeholding of AvW Group AG stood at 15.0037% and was therefore above the 15% limit.

Gleisdorf, May 29, 2007. In line with expectations, Binder+Co AG maintained its positive development in the first quarter of 2007. Sales were up by 57% at EUR 11.6 million. The EBIT of the Gleisdorf-based specialist for processing, environmental and packaging technology was increased several times over, rising from EUR 0.02 million in the same period of 2006 to EUR 0.94 million.

Member of the Board, Karl Grabner, “The positive general economic situation greatly assisted this trend. The Processing Technology Business Segment provided the bulk of sales with 59% and again profited from the continuing strength of the iron and steel industry and increased demand from the building materials sector.” Sales in the Environmental Technology Business Segment remained at the level of the previous year, however, the result was lower. Order volume in the Packaging Technology Business Segment was limited, but margins were good.  Segment order intake in the period under review improved markedly over the preceding year and amounted to EUR 4.86 million in the first quarter. EUR 3.8 million of this sum derived from a major contract for India from the Reliance Group.
 
In total, Binder+Co order intake in the first quarter of 2007 stood at EUR 11.9 million, which was EUR 3.9 million (+49%) up on that of the previous year. During the first quarter of 2007, investments of EUR 0.51 million were made in the development of a sensor system for the recognition of heat-resistant glass, production equipment and computer systems.
 
The Binder+Co share shows a stable price trend
In the period under review, the price of the Binder+Co share, which is listed on the Vienna Stock Exchange, also demonstrated a positive trend. Starting from a price of EUR 10.30 at the beginning of the year, on March 30, the share stood at EUR 10.40.
 
Optimistic outlook
On the basis of the positive performance in the first quarter, the Binder+Co AG management anticipates a marked increase in sales and positive EBIT development for the 2007 financial year.
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363
 
Binder+Co
Binder+Co AG specialises in processing, environment and packaging technology and is the world market leader in the field of screening technology (for difficult-to-screen materials) and glass recycling. The company has been listed on the Vienna Stock Exchange in the “other listings.at” segment since the end of 2006. In 2006, with an average of 208 employees, Binder+Co achieved sales of EUR 42.7 million and hence EBIT of EUR 4.0 million. Accordingly, ROSEBIT amounted to 9.1%.

Gleisdorf, 21 May 2007. Developments to the BIVITEC® screening machine have made Binder+Co’s entry into a growing market possible: the screening technology product BIVITEC® has been adapted for use in the recycling field. The company is drawing upon proven technology: the 900th BIVITEC® module was recently delivered.
 
“By making targeted modifications to a machine that has been used internationally for years, we succeeded in taking the first important step into the recycling industry - a branch that is experiencing strong growth throughout the world,” said Jörg Rosegger, Member of the Board at Binder+Co AG. The new module should find applications in the processing of light materials such as paper and cardboard, mixed building waste and plastics from electronics recycling. One factor that makes it particularly attractive is its dual vibration principle that, in comparison with conventional circulatory vibratory or linear vibratory screens, is less susceptible to clogging of the screen’s surface.
 
For 15 years, BIVITEC® has been a patented and proven screening system for the accurate screening of fine grain in difficult-to-screen materials. “It is a testament to the product’s success that we recently delivered the 900th module of this system. Major corporations in mining industries throughout the world are counted among satisfied BIVITEC® users.” The 900th BIVITEC® was delivered to the Gallagher-Group in the United Kingdom in May, where it is being used in a chalk-pit. Binder+Co calculates that they will receive the order for the 1000th BIVITEC® by the end of 2007.
 
Advancement through “open innovation”
By utilising the concept of open innovation, the Gleisdorf-based company, specialised in machine building, has achieved a formidable lead on the rest of the market. Binder+Co places particular importance on cooperation with research facilities both at home and abroad. Cooperation is currently ongoing with the University of Leoben, the University of Graz and the Fraunhofer Institute in Karlsruhe as well as with private institutions such as EVK in Graz, which specialises in the development of new sensor technologies.
 
“We recognised early on that research cooperation is a deciding factor for sustainable success”, commented Member of the Board, Karl Grabner. “It allows us to implement the findings of basic research directly into ‘real-world’ machines, thereby securing a decided competitive edge. To our active networking in this area we owe, for example, current developments in the field of the processing of heat resistant glass and our global market leadership in glass recycling.”
 
About Binder+Co
Binder+Co AG is a specialist in processing, environmental and packaging technology and a global market leader in the field of screening technology (for difficult-to-screen materials) and glass recycling. The company has been listed on the Vienna Stock Exchange in the „other listings.at“ segment since the end of 2006.
 
In 2006, with an average of 208 employees, Binder+Co achieved sales of EUR 42.7 million and hence EBIT of EUR 4.0 million. Accordingly, ROSEBIT amounted to 9.1%.
 
Inquiries
Karl Grabner
Phone: +43 (0) 3112/800-363

AGM agrees dividend of 32 cents per share
 
Gleisdorf / Vienna, March 26, 2007. As expected, at today’s AGM, the Binder+Co AG shareholders approved the annual financial statements presented for 2006. During the past year the Gleisdorf-based processing, environmental and packaging technology specialist was able to markedly improve both its sales and result. Sales were up by around 7.8% at EUR 42.7 million, while the result from ordinary business activities rose by a notable 21.9% to EUR 3.9 million. The profit per share was 60.4% higher at EUR 0.91. Since 2003, sales have been increased by an average of 5% p.a. and EBIT by an average of 25% p.a.  
 
Following approval by the AGM, the positive result hasb prompted Binder+Co to pay a dividend of 32 cents per share, which represents a distribution quota of around 35%. Member of the Board, Karl Grabner, “This dividend serves to underline our sustained success course and commitment to providing our stockholders with a commensurate share of the benefits. Particularly after our stock exchange float, the continuation of our constant dividend policy of many years is a special concern.”
 
Inquiries
Karl Grabner
Phone: +43 (0) 3112/800-363

2006 – one of the most successful financial years in company history
Sales up by 7.8% at EUR 42.7 million
Result from ordinary business activities 25% higher at EUR 4 million
Order backlog increase of 26% over the preceding year to EUR 16 million
Further successes in the CEE, south-east Asian and Indian markets
37% of stock sold to investors via private placement
Inclusion in the “other listings.at” segment of the Vienna Stock Exchange in December 2006

Improvement in all key indicators
 
Gleisdorf/Vienna, March 5, 2007. With an increase in sales of 7.8% to EUR 42.7 million
(2005: EUR 39.6m), Binder+Co AG was able to markedly raise its 2006 EBIT by 21.9% to
EUR 3.9 million (2005: EUR 3.2m). The profit per share rose by 60.4% to EUR 0.91
(2005: EUR 0.55).   
 
At year-end 2006, Binder+Co order backlog amounted to EUR 16 million, which was
26% higher than the comparable figure for 2005. Order intake in the past financial year
was also up, rising by 13% to EUR 46 million.
 
Company profitability also improved during the past year, as indicated by an increase in
ROS (return on sales) from 8.1% to 9.4% and EBIT per employee of EUR 18,400 (2005:
EUR 15,500). At year-end 2006, the equity ratio stood at a notable 39.5%, which underlined the solid balance sheet structure of the company.   
 
According to Member of the Board, Karl Grabner, “These figures show that Binder+Co has maintained its impressive progress of recent years. Since 2003, on average, increases of
5% and 25% p.a. have been achieved in sales and EBIT respectively.”
 
Excellent sales trend
Apart from systematic improvements in efficiency and cost discipline, the basis for this positive development was provided by market success. In 2006, Binder+Co equipment
was sold to over 50 countries and the export quota of the Gleisdorf specialists remained practically unchanged at a high level of 76.1% (2005: 76.7%).
 
Binder+Co business activities are divided into three business segments consisting of Processing, Environmental and Packaging Technology. Under the motto, “From bulk material to the pallet”, the company covers every area of comminution, screening, sorting
and washing, as well as the drying and bag filling of granular and powdered, primary and secondary raw materials ready for palletising. These capabilities also extend to the foods
and foodstuffs sector. Accordingly, Binder+Co systems can handle coal, ore, industrial minerals, plastic granulate, rice, salt, glass, paper, plastic waste and electronic scrap.  
 
Processing Technology – special screening technology from Gleisdorf in global demand
In the Processing Technology Business Segment, BIVITEC®, the special Binder+Co
machine for the screening of difficult-to-screen bulk goods, has become an international sales hit. In 2006, Binder+Co delivered the 900th machine of this type to a customer in
the UK. In combination with a variety of in-house developed products, BIVITEC®, which
was designed by the engineering experts in Gleisdorf, is employed in the iron and steel, mining, stone, ore, chemicals and valuable material recycling industries around the world.   
 
Binder+Co sees good opportunities for growth in the processing technology sector in the markets of Central and Eastern Europe and has therefore been creating its own regional sales network since mid-2003. Agencies have already been established in the Czech Republic, Slovakia and Poland. Moreover, intensive activities are presently continuing with regard to sales co-operations in Romania and Russia.    
 
Environmental Technology – the world leader in glass recycling  
During the past financial year, Binder+Co sales in the Environmental Technology Business Sector consisted primarily of deliveries of glass recycling machinery to all parts of the world.
In particular the CEE states developed into a burgeoning market for the sale of high-quality recycling technology. At the same time, a positioning in the Asian region was established through the sale of a glass recycling system to Malaysia. This means that Binder+Co has further consolidated its global leadership and with its CLARITY product line is currently the number one supplier of used glass recycling systems. It should be added that Binder+Co also provides solutions for paper and plastics sorting.  
 
Packaging Technology – excellent successes with top speeds
As the manufacturer of the world’s fastest packaging machines for the industrial open
bag sector, Binder+Co delivers to the foods, foodstuffs, chemicals and petrochemicals
and building materials industries. In addition to current markets in Austria, Germany,
the Benelux countries, Spain, Sweden, Ireland, Turkey, India, Korea, South Africa and
the USA, the aim in 2007 is to step up activities in the CEE markets.   
 
After-sales services – a key to success  
Binder+Co activities are supplemented by a product-superordinated, after-sales service.
As CSO Jörg Rosegger explains, “All the experience derived from our ongoing contacts
with customers flows into product improvement measures and new and further machine technology developments. Accordingly, the after-sales service provides a valuable platform
for our continuous improvement process (CIP). The reward is regular repeat orders from
our customers.”
 
Targeted strategic expansion
Further development at Binder+Co is clearly subject to the objective of targeted expansion.
On the basis of its strong market position, the company is looking for regional growth through increased penetration of the CEE states, which is an area of considerable economic dynamism. South-east Asia also continues to be another interesting target.
 
At the same time, Binder+Co is looking for growth in the Environmental Technology Business Segment and in this regard the product range is the object of ongoing development in the direction of new applications and the opening up of additional markets.  
 
Focal point innovation – international partner networks secure technological leadership
A major contribution to such expansion derives from constant efforts aimed at retaining
and consolidating the company’s technological leadership. In the field of environmental technology, Binder+Co is co-operating with a number of organisations including the
Institute of Information and Data Processing at the Fraunhofer Company in Karlsruhe,
various European sensor suppliers, Austrian universities and development companies.
 
Technological leadership secures employment
In the current financial year, Binder+Co intends to strengthen its know-how leadership by means of R&D investment of around EUR 1 million. Karl Grabner, “In this way, we can not
only secure our technological pole position and hence our leading rankings in world markets, but also valuable jobs in Gleisdorf.”   
 
Research breakthrough in the heat-resistant glass identification sector  
Impressive evidence of the company’s successful development activities is provided by a process for the identification of special glass qualities, e.g. heat-resistant glass, which was registered for a patent in 2005. In the fourth quarter of 2006, the process was successfully presented to glass recycling plant operators and global glass producers and the first equipment series was placed in the market within a very short space of time.      

Binder+Co returns to the stock market
The sustained, solid performance of recent years created the preconditions for a stock exchange float, which represents an important strategic step for the company and is of special significance with regard to its future growth course.  
 
By the end of 2006, the parent company, Waagner-Biro AG, which previously exercised exclusive ownership, had already sold 37% of Binder+Co AG to financial investors within
the scope of a private placement. At the same time, the company was re-listed on the
Vienna Stock Exchange as of December 27, 2006, in the other listings.at segment.
 
Inquiries
Karl Grabner
Phone:  +43 (0) 3112/800-363