Wacker Neuson SE / Preliminary Results/Forecast 02.03.2009 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- (Munich, March 2, 2009) Based on preliminary figures, Wacker Neuson SE (previously Wacker Construction Equipment AG) has achieved its fiscal 2008 Group forecasts for sales (at least EUR 870 million) and EBITDA margin after purchase price allocation (at least 11 percent, equal to at least EUR 95.7 million). Sales were up by 17.3 percent to EUR 870.3 million due to the merger (previous year: EUR 742.1 million). Profit before interest, tax, depreciation and amortization (EBITDA) after purchase price allocation is set to total approximately EUR 100 million (previous year: EUR 117.0 million), resulting in an EBITDA margin of approximately 11.5 percent after purchase price allocation. The Wacker Neuson Group remains committed to its long-term growth strategy and is in a secure financial position thanks to its business model, continued high equity ratio of 77 percent and net financial debt of approximately just EUR 58 million. The company regards its long-term prospects as good, although short-term trends are set to be characterized by the overall depressed economic outlook and less than favorable forecasts for the international construction industry. Against the backdrop of these uncertainties, the Group remains very cautious about business developments in 2009 and has initially decided not to release projected figures for the current fiscal year. The company has intensified the cost-saving measures implemented last year throughout the Group in order to align its cost structure with current market dynamics. These provisions include reducing expenditure in all areas of the company and cutting the budget for investment by about 40 percent. The Group intends to also continue reducing sales,and administration costs in 2009. In addition, the Group has reacted to falling demand. Following the closure of its plant in Tredegar, Wales, at the end of 2008, it has implemented short-time work at its German production facilities in Reichertshofen and Pfullendorf as well as at its Austrian plant in Linz. The transfer of four-wheel dumper production from Tredegar to the Austrian plant in Linz will be completed in March. The complete annual financial statements will be published on March 30, 2009. Additional information on Wacker Neuson SE shares: ISIN: DE000WACK012 WKN: WACK01 Admission: Regulated market / Prime Standard; Frankfurt Stock Exchange Company headquarters: Germany Your contact partner: Wacker Neuson SE Imre Szerdahelyi Head of Corporate Communication Preußenstr. 41 80809 Munich, Germany Tel. + 49 - (0)89 - 354 02 - 251 E-mail: ir@eu.wackergroup.com DGAP 02.03.2009 --------------------------------------------------------------------------- Language: English Issuer: Wacker Neuson SE Preußenstr. 41 80809 München Deutschland Phone: +49 - (0)89 - 354 02 - 0 Fax: +49 - (0)89 - 354 02 - 390 E-mail: info@eu.wackergroup.com Internet: www.wackerneuson.com ISIN: DE000WACK012 WKN: WACK01 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Wacker Neuson SE: Preliminary figures for fiscal 2008; Outlook
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