March 21, 2018 12:50 PM ET

Auto Components

Company Overview of Miba AG

Company Overview

Miba AG manufactures and sells sintered components, engine bearings, friction materials, power electronics components, coatings, and special machinery in Austria and internationally. It develops and produces sintered components, including gears, chain sprockets, belt pulleys, main bearing caps and components for variable camshaft, and oil and water pumps; transmission components, such as synchronizer hubs, synchronizer rings, friction rings, clutch parts, complete synchronizer modules and various components for all-wheel drive applications; and body and chassis components, including steering system parts, components for exhaust and brake systems, and special industrial components. It also of...

Dr.-Mitterbauer-Strasse 3

Laakirchen,  4663


Founded in 1927

4,978 Employees


43 7613 2541 0

Key Executives for Miba AG

Chief Executive Officer
Age: 42
CFO & Member of Management Board
Age: 46
Member of the Management Board, CEO of Miba Sinter Group & CTO - Miba Sinter Group
Age: 61
Deputy CEO
Age: 48
Vice President of Innovation and Technology
Compensation as of Fiscal Year 2017.

Miba AG Key Developments

Miba AG Reports Earnings Results for the First Half Ended July 31, 2016

Miba AG reported earnings results for the first half ended July 31, 2016. The company's revenue was EUR 376.5 million against EUR 375.2 million a year ago. Earnings before interest, tax, depreciation and amortization (EBITDA) declined slightly to EUR 74 million against EUR 76.7 million a year ago. Earnings before interest and tax (EBIT) improved to EUR 51.5 million due to the rigid cost control in all areas against EUR 49.7 million a year ago. Purchases of property, plant and equipment and intangible assets in the first half of 2016- 2017 amounted to EUR 31.9 million and remained thus at the previous years level against EUR 32.9 million a year ago.

Miba Reports Earnings Results for the Year 2015

Miba reported earnings results for the year 2015. For the year, the company reported revenue hike 7.4% to EUR 719.1 million (USD 814 million), with a big part of this hike resulting from beneficial currency effects. EBIT edged up from EUR 81.9 million in the preceding year to EUR 82.9 million.

Miba Eyes Acquisitions

Miba Aktiengesellschaft is looking for acquisition opportunities. Miba intends to grow organically and through acquisitions Miba increased its financial stability and independence again last year. This is a basic requirement for organic growth and acquisition ambitions. In addition to expanding its established lines of business, Miba also intends to broaden its product portfolio through acquisitions.

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