Annual Report - Miba

Excellent performance
The Miba Share
In the 2004/05 fiscal year, there was a firm upward movement in the Miba stock price with
a significant increase towards the end of the year. During the period under review (January
2004 to January 2005), the Miba share increased in value by 18%. With its slightly higher
profit of 13.46 EUR per share and a 2.15% dividend yield (price at year-end), the Miba
share documents the corporation’s long-term positive and profit-oriented development.
Miba Aktiengesellschaft which has been listed on the Vienna Stock Exchange since 1989
functions as the holding and lead company of the three strategic business segments: Miba
Sinter Group, Miba Bearing Group and Miba Friction Group. Sales amounted to EUR 10.4
million for the 2004/05 fiscal year. The result of ordinary business activity amounted to 14
million EUR and includes the dividend distribution of subsidiaries.
Miba AG manages the Group’s business, investment and financial strategies. It is in
charge of Central Administration, Human Resources Development, Information Technology
and Corporate Communications and decides on the basic strategies for the entire
Corporate Group.
Miba AG’s share capital amounts to 9.5 million EUR. It is divided into 1,300,000 no par
value shares, of which 870,000 are common shares, 130,000 are preferred shares
(Emission A) without voting rights, but with conversion rights to common shares subject
to giving up preferential rights and 300,000 are preferred shares (Emission B) without
voting rights and without conversion rights to common shares.
The capital share certificates issued in 1989 were cancelled by the company with 3
months’ notice, effective as of February 27, 2004. All capital share certificates were
cancelled and trading of this instrument at the Vienna Stock Exchange was discontinued
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