Wacker Neuson SE / Key word(s): Change in Forecast/Half Year Results28.07.2011 17:25Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Group raises forecast for fiscal 2011 again - Change in Supervisory Board(Munich, July 28, 2011) The Wacker Neuson Group has again raised itsforecast for fiscal 2011 following strong performance in the firsthalf-year. Preliminary figures for the first half-year of 2011 show thatthe Group has generated its highest half-year revenue and earnings sincethe merger in 2007. The Group also announced that Dr. Ulrich Wacker, DeputyChairman of the Wacker Neuson SE Supervisory Board, will be stepping downfrom the Board at the end of today due to health reasons.Record H1 revenue and earningsThe Wacker Neuson Group performed better than expected. Based onpreliminary figures, revenue for the first half-year of 2011 rose to EUR478.7 million, up by 34.6 percent on the same period last year (H1 2010:EUR 355.6 million). Operational efficiency also increased. Preliminaryfigures for profit before interest, tax, depreciation and amortization(EBITDA) for the first half-year were up 133.1 percent on the previous yearto EUR 71.6 million (H1 2010: EUR 30.7 million) and therefore reached anall-time high since the merger in 2007. This corresponds to an EBITDAmargin of 15.0 percent (H1 2010: 8.6 percent). At EUR 48.6 million,preliminary profit before interest and tax (EBIT) was significantly up onthe previous year (H1 2010: EUR 11.2 million), resulting in an EBIT marginof 10.2 percent (H1 2010: 3.2 percent). Preliminary profit after tax andminority interests improved to EUR 31.5 million in the first half-year (H12010: EUR 5.2 million). This corresponds to a EUR 0.45 earnings per share(H1 2010: EUR 0.07). The first half-year is typically the strongest of theyear.These positive developments have led the Group to raise its forecast forthe year again. The Executive Board now expects revenue for fiscal 2011between EUR 910 and 930 million (previous forecast: EUR 880 to 920million), and an EBITDA margin between 13 and 14 percent (previousforecast: 12 to 13 percent). Group revenue for fiscal 2010 was reported atEUR 757.9 million. The EBITDA margin was 10.3 percent.The full half-year report will be published on August 11, 2011.Change in Wacker Neuson SE Supervisory BoardDr. Ulrich Wacker stepped down from the Supervisory Board during today'smeeting for health reasons. His resignation is effective as of close ofbusiness today. Dr. Wacker has been with the company for over forty years.He has made a significant contribution to its growth during this time,first as a member of the management board of the Wacker Werke GmbH & Co. KGand subsequently - following the transition to a stock corporation - asChief Executive Officer of Wacker Construction Equipment AG. In recentyears, Dr. Wacker served the company as Deputy Chairman of the WackerNeuson SE Supervisory Board.For the interim period until the next AGM, which is scheduled for spring2012, the Executive Board and the Supervisory Board have jointly agreed tosubmit an application to the Registry Court for the judicial appointment ofa new Supervisory Board member. Both boards propose the appointment of Dr.Matthias Bruse, attorney-at-law and founding partner of the P+PPöllath+Partners law firm based in Munich, to the Supervisory Board.Additional information on Wacker Neuson SE shares:ISIN: DE000WACK012 WKN: WACK01Admission: Regulated market / Prime Standard; Frankfurt Stock ExchangeCompany headquarters: GermanyYour contact partner:Wacker Neuson SE Katrin NeufferPreussenstr. 4180809 Munich Tel. + 49 - (0)89 - 354 02 - 173E-Mail: ir@wackerneuson.com Internet: www.wackerneuson.com28.07.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language: EnglishCompany: Wacker Neuson SE Preußenstr. 41 80809 München GermanyPhone: +49 - (0)89 - 354 02 - 0Fax: +49 - (0)89 - 354 02 - 390E-mail: info@wackerneuson.comInternet: www.wackerneuson.comISIN: DE000WACK012WKN: WACK01Indices: SDAXListed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
