Wacker Neuson SE / Key word(s): Change in Forecast/Quarter Results09.05.2011 14:42Dissemination 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.---------------------------------------------------------------------------Wacker Neuson increases forecast on the basis of strong Q1 2011 performance(Munich, May 9, 2011) On the basis of a strong first quarter 2011 andpromising prospects for the year overall, the Wacker Neuson Group hasreviewed its revenue and earnings forecast for the entire fiscal year. Inaddition, company management expects to return to pre-crisis revenue levelsearlier than anticipated.Q1 2011 was an exceptionally strong quarter for Wacker Neuson. The Groupincreased revenue compared to the same quarter last year by 40.9 percent toEUR 211.8 million (Q1 2010: EUR 150.3 million). The EBITDA margin (profitbefore interest, tax, depreciation and amortization) rose much faster from2.4 percent for the same quarter last year to 12.2 percent.Due to this backdrop, the Executive Board has reviewed the forecast for theentire fiscal year. They now expect revenue to increase between EUR 880 and920 million (which corresponds to a growth rate between 16 and 21 percent)and the EBITDA margin to settle between 12 and 13 percent. Previously, theGroup had projected that revenue would rise at least 15 percent to EUR 870relative to 2010's figure (previous year: EUR 757.9 million) and that theEBITDA margin would be at least 12 percent (previous year: 10.3 percent).Following a construction period for the new R&D center and Groupheadquarters in Munich of around three years, the company will havecompleted and moved into the new buildings by June 2011. The ExecutiveBoard intends to vacate and sell the part of Wacker Neuson SE's property atMunich (Milbertshofen) that will no longer be required after the move. TheExecutive Board's current forecast does not include the one-off proceedsthat would accrue to the company in the event of sale. The sales proceedscould, however, make a significant contribution to earnings.From today's perspective and assuming the market continues to developpositively, the company expects to exceed pre-crises revenue levels (themerged Wacker Neuson reported pro-forma revenue of around EUR 1 billion in2007) one year earlier than anticipated in 2012. The company also expectsto achieve an EBITDA margin of 15 percent when it reaches the 1 billionmark.The company will be publishing its Q1 report on May 13, 2011.Additional information on Wacker Neuson SE shares:ISIN: DE000WACK012WKN: WACK01Admission: Regulated market / Prime Standard; Frankfurt Stock ExchangeCompany headquarters: GermanyYour contact:Wacker Neuson SEKatrin NeufferPreussenstr. 4180809 MunichGermanyTel. + 49 - (0)89 - 354 02 - 173E-Mail: ir@wackerneuson.comInternet: www.wackerneuson.com09.05.2011 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 DeutschlandPhone: +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 ---------------------------------------------------------------------------
