Mühlbauer: 2010 ends with record result

Mühlbauer, technology partner for the smart card, ePassport, RFID and solar backend industry ends 2010 with record result. An increase of dividend to EUR 1.30 is planned.

"2010 was an excellent year for Mühlbauer. Thanks to our technology and market expertise, the concentration of which is unique worldwide, we were able to convince further government organizations of our solution competency", commented Josef Mühlbauer, personally liable shareholder of Mühlbauer. "Sales and earnings hit historic highs, also due to the global economic recovery on the industrial markets. At the same time we further reinforced our market position on our core markets and progressively extended our solid base through massive investments. We are confident that we will further raise sales and earnings in 2011 - the year Mühlbauer celebrates its 30th anniversary." In the 2010 financial year, Mühlbauer raised sales significantly, to a new record high of EUR 207.5 million.