• Despite a difficult economic environment, Miba achieved a revenue of EUR 1.187 billion in fiscal year 2024/25, maintaining the previous year's level
   
• Broad presence in many different customer markets and the corporate mission “Technologies for a cleaner planet” enable this stable development
   
• Innovation leader Miba: Expenditure on research and development increased by more than 20 percent to EUR 52 million (previous year: EUR 43 million)
   
• A strongly increased equity ratio of 58.3% (previous year: 53.8%) creates the basis for future investments

The Upper Austrian technology group Miba achieved stable development in the past fiscal year 2024/25 (February 1, 2024 - January 31, 2025) in a challenging industrial environment. With an annual revenue of EUR 1.187 billion, the level of the previous fiscal year 2023/24 (EUR 1.205 billion) was maintained. Miba CEO F. Peter Mitterbauer names two main reasons for this: "Miba is very broadly positioned and active in a wide variety of  markets. In the past fiscal year, we generated 61 percent of our sales with a broad range of Miba products for the industrial goods market and 39 percent in the automotive sector. This reduces our dependence on developments in individual areas and makes it possible to compensate for declines in certain markets through growth in others. In addition, with ‘Technologies for a cleaner planet’, we have had a corporate mission since 2013 that creates real added value for our customers. With Miba technologies, we are helping to reduce the carbon footprint of our customers' products."

200 million euros in sales with technologies for the generation and transmission of clean energy -
wind energy business has more than quadrupled within three years

A few examples show the growth opportunities this creates. In the past fiscal year, Miba generated around EUR 200 million with technologies for the generation and transmission of clean energy, which represents 17 percent of its sales. Growth is particularly strong with products for wind energy, where Miba's sales have more than quadrupled in the past three years alone. Above all, the business with bearings for gearboxes in wind turbines and the production of machines for the construction of huge offshore wind towers are strong growth drivers. Miba technology is also used in electronics and in the brakes of wind turbines. In addition, Miba is successful in hydropower and with technologies for the efficient and low-loss transmission of energy in power grids.

Growth with products for the marine, railway and aviation sectors -
e-mobility sales more than tripled within three years 

Other areas of Miba's industrial goods business have also developed well. Sales of products for the marine industry have doubled over the past three years, while those for railways and aircraft have each grown by more than 50 percent. The growth driver in the automotive business is e-mobility, where Miba's sales have more than tripled over the past three years. High-tech resistors and battery technologies for electric vehicles in particular are driving this development. “We started developing our product portfolio for e-mobility at a very early stage so that we can provide our customers with the best possible support in the technological transformation of the automotive industry,” explains F. Peter Mitterbauer.

High investments in the future in economically challenging times -
R&D ratio of 4.4 percent underlines Miba's innovation leadership

Even though the past fiscal year was an economically challenging one, Miba further increased its investments in the future to EUR 138 million (compared to EUR 130 million in the previous fiscal year). 84 million euros were invested in property, plant and equipment, and more than two million euros in training and further education. The largest increase was in investments in research and development, which rose by more than 20 percent to 52 million euros compared to the previous financial year. The R&D ratio was a high 4.4 percent. Around 300 employees work in research and development at Miba. “All of this underlines our commitment to developing the highly innovative products of tomorrow together and in close partnership with our customers,” says Miba CEO F. Peter Mitterbauer. According to figures from the Austrian Patent Office, the Miba Group registered 29 new patents and utility models in 2024. It was therefore once again the patent leader in Upper Austria and among the top 5 companies in Austria with the most patent applications.

Financial independence and stability create the basis for investment and growth

Miba's traditionally high equity ratio increased further in the past fiscal year to 58.3 percent (after 53.8 percent in the previous fiscal year). "Miba's financial independence and stability create the basis for our company's future investments. These investments enable us to develop and produce sustainable products with an ever smaller carbon footprint together with our customers. This is how we want to build markets and grow successfully in close partnership with them," explains Miba CEO F. Peter Mitterbauer.