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Press Release 9% Growth for Bachmann in 2013 Bachmann electronic increases turnover and continues to develop its business segments. The Bachmann Group increased its turnover last year by nine percent, totaling 48.20 million euros for financial year 2013. Strategic actions lead to a trend reversal and let the international high-tech company look optimistically into the future. The world’s no. 1 in wind automation The Feldkirch-based company was able to strengthen its market share of over 50% in the automation of wind power plants, and to increase continuously with more than 70,000 systems installed. “The fairy-tale merger with Bachmann Monitoring in Rudolstadt, Thüringen, who was able to double its turnover since the merger in 2010, was also a key factor. Another promising market in the next years will definitely be the USA, there our Condition Monitoring and Retrofit products are already well-established”, explains Bernhard Zangerl, CEO Bachmann electronic. Strategic development of target industries With consistent developments in the industries, thorough planning and careful management of resources, the target sectors of Bachmann electronic could be further extended. The wide setup of the company in the areas of wind energy, renewable energies, industry and machine tools as well as marine and offshore becomes noticeable in stability, despite often and fast changing conditions within individual markets. Around half of the sales volume is generated in the wind industry – however, with portfolio extensions and targeted market developments, Bachmann electronic anticipates continuous sales increase in all industries. Positive outlook for 2014 For 2014 the automation specialist expects continuous growth and will further its strategic positioning in the serviced markets. “Flexibility and adaptability will continue to be prerequisite for a positive result. The course for a successful 2014 will be set with strategic developments in the industries and markets, such as in Asia or North America“, says Bernhard Zangerl. Text length 2‘022 characters Corporate Headquarters: Bachmann electronic GmbH Kreuzäckerweg 33 A-6800 Feldkirch, Austria P +43 (0) 55 22 / 34 97-0 F +43 (0) 55 22 / 34 97-188 [email protected] www.bachmann.info Legal form: Private Limited Company Registered company: Feldkirch FN 75348g Commercial Register Feldkirch VAT-No.: ATU36410905 Taxpayer's reference No.: DVR 0591653 Bank connection: Sparkasse Feldkirch Account-No.: 0400-001525 Routing-No. (BLZ): 20604 1/2 Press Release Picture caption: bae_headquarters_300dpi.jpg Bachmann electronic headquarters in Feldkirch, Austria. Zangerl_Bernhard_300dpi.jpg Portrait Bernhard Zangerl, CEO Bachmann electronic. Picture credits: Bachmann electronic Further information: Market Communication Bachmann electronic GmbH Kreuzäckerweg 33 6800 Feldkirch, Austria P +43 (0)55 22 / 34 97-0 E-Mail: [email protected] http://www.bachmann.info Corporate Headquarters: Bachmann electronic GmbH Kreuzäckerweg 33 A-6800 Feldkirch, Austria P +43 (0) 55 22 / 34 97-0 F +43 (0) 55 22 / 34 97-188 [email protected] www.bachmann.info Legal form: Private Limited Company Registered company: Feldkirch FN 75348g Commercial Register Feldkirch VAT-No.: ATU36410905 Taxpayer's reference No.: DVR 0591653 Bank connection: Sparkasse Feldkirch Account-No.: 0400-001525 Routing-No. (BLZ): 20604 2/2