Press releases 2010

Marked improvement in revenue and income in the first half of 2010 – outlook for second half-year continues positive

Noticeable recovery of the markets and positive outlook based on the very good positioning of SCHMOLZ+BICKENBACH AG in the special steels segment after a difficult financial year 2009. Despite a loss situation, financial debt could be reduced.

SCHMOLZ+BICKENBACH receives positive decision of German Federal Ministry of Economics and Technology under Economic Stimulus Package II as basis for successful conclusion of new financing structure up to end-2012

SCHMOLZ+BICKENBACH AG is currently restructuring its existing long-term credit financing. The respective measures are being coordinated with all relevant financing partners of SCHMOLZ+BICKENBACH AG. The capital structure will thus be placed on a healthy long-term basis, which will be supported by the markedly increasing order bookings and sales volumes since January 2010.