No power train without Miba technology

Performance Analysis and Balance Sheet
Sales and earnings position
For Miba, a strategic partner to the international engine and automotive industry, 2009-
2010 was one of the most challenging years in the company’s history. The first three
quarters were marked by the shadow of the worldwide recession. In the fourth quarter,
however, the first signs of an improving economic climate became noticeable. Miba
achieved group sales of EUR 311.8 million in 2009-2010, a decline of 16.8 percent from
the previous year.
Miba Bearing Group generated sales of EUR 132.1 million, or 42.4 percent of group sales,
making it the largest business unit in the Miba Group. Miba Sinter Group posted sales of
EUR 125.2 million in 2009-2010, which is equivalent to 40.2 percent of group sales. The
sales volume of the Miba Friction Group totaled EUR 50.5 million in 2009-2010, 16.2 percent
of group sales. High Tech Coatings generated the remaining 1.2 percent of group
sales, totaling EUR 3.9 million.
Miba operates 11 production sites on three continents and is thus close to its customers
in the world’s most important business centers. Up to now, Europe has been the Miba
Group’s largest market, generating 63 percent of sales. The North American Free Trade
zone (NAFTA), especially the USA, accounts for 17 percent of sales, unchanged from the
previous year. Further sales growth was achieved in Asia in 2009-2010, bringing the East
Asian growth markets’ share of Miba Group sales to 17 percent.
Sales volume
by business segment
High Tech
Coatings
1.2%
Miba Friction Group
16.2%
Miba Sinter
Group 40.2%
Miba Bearing Group
42.4%
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