M.a.X. Automation Concrete Full-year Forecast 2010

- Expects group sales of more than 175 million euros, EBIT at more than 7 million €
- Increased growth of new orders so far in the second half

The M.A.X. Automation Group has so far in the second half of 2010, a lively, recorded on their own expectations lying business development. In the wake of strong economic upturn in the German machinery and equipment increased in July and August, the upward trend in orders for the first six months. The previous statement of a significant improvement of consolidated revenues and earnings in 2010 has materialized, the Executive Board.

From January to August 2010, the consolidated order intake of the Group amounted to approximately € 124 million by around 21% higher than in the same period last year (103 million euros). After the first six months, the growth rate was 17% in orders. Both core environmental technology and industrial automation segments contributed to the encouraging growth. For example, reached the automation specialist NSM Magnet GmbH in August with about 6 million € one of the highest monthly orders in the company’s history.

Also for the remainder of the year with the continuation of the positive development of demand in the Group is to be expected. The growth relies both with a view to the customer as well as geographically on a broad basis.

Against this background the Board has specified its expectations for full year 2010: He expects the group with sales of more than 175 million €. Earnings before interest and tax (EBIT) is expected to more than 7 million euros. In the first half of 2010, sales growth rate was 6.4% to 78.8 million euros, while EBIT was 1.8 million euros.

Priske Bernd, CEO of M.A.X. Automation AG: “Our already existing optimism has increased in the past weeks. The MAX is experiencing a strong demand from all our target markets. The resulting generated sales growth will ensure, together with the measures implemented to reduce costs and increase efficiency for a strong second half. Therefore and also against the background of the already mentioned fundamental acquisition in the Interim Report of the willingness of the MAX last recorded price decline in our stock is not understandable, not justified. “

The M.A.X. Automation AG (WKN: 658090/ISIN: DE 0006580905), Düsseldorf, is an internationally operating investment group with the two core segments of environmental technology and industrial automation. M.A.X. Automation offers in these areas, high technology products and services for both job-specific engineering as well as standard equipment.