Financial Half-Year Statements
2018/19

KLINGELNBERG AG
Binzmühlestrasse 1718050 Zürich, Switzerland
Fon: +41 44 278 7979
Mail: investorrelations@klingelnberg.com
Web: www.klingelnberg.com

1

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Dear Shareholders,
Following our successful initial public offering on 20 June 2018, we are now pleased to present the
KLINGELNBERG Group's first half-year financial report.

Pleasing half-year results
Overall, the machine tool building market in Switzerland and Germany is in excellent shape. In
particular, demand remains high for the premium products that our Group develops, manufacturesand supplies.
As a result, the first half of the 2018/19 financial year was very successful for the
KLINGELNBERG Group.
Net sales grew by about 30% in the first half of the financial year, representing a significant yearover-year increase (from EUR 76,4 million to EUR 99,1 million).
We also succeeded in increasing our adjusted operating income (EBIT), excluding IPO costs (about
EUR 1,0 million), by approximately EUR +1,9 million compared to the previous half year.
Organic growth was fully in line with our ambitious expectations. Our strategy of concentrating on
high-quality solutions for globally demanding customer groups has once again proven to be theright one – and we have consistently implemented it without compromises. With the exception ofdrive technology (with a slight decline in sales at the previous year's level), every division was able
to increase its half-year sales, in some cases significantly, compared to the previous half year. And
we are also making very good progress in broad-based digitization. The much used term Industry
4.0 is an all-embracing reality for us.
The machine projects of the three divisions bevel gear, cylindrical gear and measuring devices,which were orders on hand at the beginning of this financial half year, could all be delivered
according to plan. The cylindrical gear division reported especially strong sales growth (+214%).
Net sales in the measuring devices division were also exceeded again by 22% year-over-year. The
bevel gear machine division also recorded growth of +11%.
Our strategy of “being close to our customers anywhere in the world”, with the goal of globallycompensating for regional fluctuations, continues to prove effective.
Regionally, sales performance was very positive, especially in Asia, Europe and South America.
In Germany, an increase in sales was achieved, while in North America it was not possible tofully match the previous year's sales. Despite the tight procurement market driven by economic
trends, which poses challenges for the entire industry, we were able to maintain short lead times
and deliver our machines on time. This is anything but straightforward, especially in the current
economic situation where our suppliers are working at full capacity.

2

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Growth strategy
At this point, we would like to illustrate the consistent implementation of our broad-based growthstrategy by way of example:
Cylindrical gear grinding machine Speed Viper
We have now received several orders for Speed Viper machines in many different geographic
markets. The customers’ interest is high – this is made clear by many discussions that our sales
specialists and customer advisors have conducted during industrial shows and trade fairs worldwide.
The principle of digitally interconnecting machines and measuring devices is an excellent starting
point for bringing further successful products to market in the future.
Segment Digital Unit
The development of our Digital Unit is progressing. A big-name customer is using our first Smart
Tooling product, a digital identification system for tools and chucking materials. We believe thisprototype will lead to more follow-on orders and it underlines our ongoing commitment to beinga leader in the field of Industry 4.0 gearing.
Entering new markets - robotics industry
Our initiatives to expand business outside the gearing industry have been equally successful. Our
entry into the robotics industry is a good example. KLINGELNBERG has been successful in selling
specifically adapted measuring instruments in this industry. We also launched projects for thefurther development of our cylindrical gear machines in this area.

Acquisitions
In addition to focusing on organic growth, we are also looking at additional acquisitions. The
potential acquisition partners are predominantly privately owned companies. Establishing a
relationship is therefore fundamental and makes it difficult to estimate the timing of future deals.

3KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Business performance trends
The standard intra-year seasonal trends of recent years can also be seen in this year’s businessperformance. In general, approximately 30% to 40% of total sales are generated in the first half ofthe year. As a result, sales are projected to be stronger and therefore profits higher in the second
half of the year.
All in all, we are confident that we will achieve our targets in sales and earnings for the 2018/19
financial year (sales EUR 270 to 280 million, adjusted operating result EUR 29 to 30 million) .

Dr. Jörg Wolle					Jan Klingelnberg
Chairman of the Board				CEO

Zurich, 6 November 2018

4

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Financial report

Segments and markets
The KLINGELNBERG Group posted net sales of EUR 99,1 million in the first half of the 2018/19
financial year. Net sales therefore grew by EUR 22,7 million or 29,7% year-over-year. This strong
double-digit growth was primarily driven by increased sales of cylindrical gear machinery. Sales ofmeasuring devices and bevel gear machinery also grew in the first half of the financial year. The
strongest sales regions were Asia, Europe and South America. Germany also posted growth insales.
A year-over-year comparison of sales shows the standard asymmetrical breakdown of sales within
the financial year, with a significant increase in sales in the second half of the financial year.



Bevel gear segment:

The bevel gear segment reported net sales of EUR 41,0 million at the end of the first half of the year.
Net sales were up EUR 3,9 million from the previous year thanks to a positive market environment
and a large volume of orders for new machines. As a result, the performance of this segment
remained in sync with the growth of global passenger car markets. The three major sales regions
China, USA and Europe sold 28,8 million vehicles in the first half of the year, which is 1,0 million
more cars than in the first half of 2017.



Cylindrical gear segment:

The cylindrical gear segment reported very strong year-over-year growth (EUR +12,8 million).
Sales grew significantly in the first half of the financial year thanks to a large number of incoming
orders in recent months. After an extended slowdown, the mining industry was not able toregain momentum until the 2017 calendar year. New exploration projects were spurred on by thecomplete consolidation of the market as well as Asia’s enormous demand for raw materials.

5KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018



Measuring devices segment:

With EUR 30,1 million in sales, the measuring devices segment also grew significantly compared tothe same period of the previous year (EUR +5,4 million). Multiple factors consistently contributed tothe successful sales performance in this segment, including continued growth in global passenger
car markets, the Industry 4.0 digitization strategy integrated by KLINGELNBERG and the successfulacquisition of customers in the robotics supplier industry.



Drive technology segment:

With net sales of EUR 4,9 million (previous half year: EUR 5,1 million), the drive technology segment
was the only segment to post a slight decline in sales compared to the same period in the previous
year. Following an extended downturn in global cargo shipbuilding and low oil and gas prices,slowly rising oil prices are likely to affect shipyard order books until the coming months.

Personnel expense
Personnel expenses totaled EUR 48,7 million at the end of the financial half year, up EUR 2,6 million
from the same period last year. This was caused by the collective bargaining agreement for the
metal and electrical engineering industry that was concluded in February 2018. The substantial
year-over-year growth in total output and efficiency-gains completely compensated for theeffects on human resources and even reduced the personnel expenses ratio from 41,9% (previous
half year) to 40,2%.

Other operating expense
Other operating expenses exceeded the previous half year’s figure by EUR 3,1 million, totaling EUR
21,6 million at the end of the first half of the financial year. This rise is partly the result of increased
legal and consulting expenses. These expenses are primarily attributed to one-off IPO costs andthe implementation of the new data protection regulation (GDPR). The ratio of other operating
expenses to total output increased from 16,8% to 17,8%, whereas the adjusted ratio decreased
from 16,8% to 16,0%.

6KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Operating result
Thanks to solid demand for KLINGELNBERG brand products, net sales expanded to EUR 99,1
million in the first half of the year. Despite increased expenses, particularly for personnel and raw
materials, the operating result increased by EUR 0,9 million to EUR -4,7 million compared to thesame period in the previous year. Excluding IPO costs, the adjusted operating result for the firsthalf of the financial year totaled EUR -3,7 million.

Balance sheet
The balance sheet total of the KLINGELNBERG Group grew by EUR 4,6 million compared to thefinancial statements for 31 March 2018 and totaled EUR 239,6 million on 30 September 2018. Noncurrent assets increased by EUR 1,2 million (+1,8%), while current assets rose by EUR 3,4 million(+2,0%). Although receivables from goods and services decreased by EUR 22,3 million, inventories
increased by EUR 26,8 million. The increase in inventories is attributed to the budgeted growth insales in the second half of the financial year.
Equity grew by EUR 16,7 million (+13,8%) to EUR 136,9 million compared to the financial statementsfor 31 March 2018. This increase is mainly due to the capital increase in connection with the IPO. As
a result, the equity ratio grew by 6,0% to 57,1% compared to 31 March 2018.
Total liabilities fell by EUR 12,1 million compared to 31 March 2018 and totaled EUR 102,7 million asof 30 September 2018. Financial liabilities were significantly reduced thanks to the aforementioned
capital increase.
Net debt decreased by EUR 12,8 million and totaled EUR 6,9 million at the end of the six-month
period. As a result, the KLINGELNBERG Group was able to further reinforce its excellent financial
position in the first half of the current financial year.

Cash flow statement
Operating cash flow totaled EUR -4,9 million, which is normal for the KLINGELNBERG Group as
sales are usually lower in the first half of the year. This represents a year-over-year increase of
EUR 11,0 million, which is mainly attributable to smaller increases of inventories.
Cash flow from investing activities totaled EUR -1,8 million, also up from the previous year's figure(EUR +0,5 million). The Manufacturing 2020 investment program was launched in 2016. The program
aimed to expand production capacity at our locations in Germany (Hueckeswagen) and Hungary.

7

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

The Manufacturing 2020 investment program is almost completed, resulting in a year-over-year
decrease in investment.
Cash flow from financing activities totaled EUR +6,3 million and was down by EUR 12,3 million
from the previous year. As a result of the IPO, capital increased by EUR 19,8 million during theperiod under review, while short-term financial liabilities decreased by EUR 13,5 million.
Overall, cash flow totaled EUR -0,5 million in the first half of the year (EUR -0,4 million comparedto the same period last year).

8

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Group key figures

EUR million

01.04.2018 30.09.2018

01.04.2017 30.09.2017

Change01.04.2017 31.03.2018

Net sales from goods and services

99,1

76,4

22,7

257,0

Order intake

124,5

123,1

1,4

263,2

Operating result

-4,7

-5,5

0,9

22,1

Operating result (adjusted, without IPO cost)

-3,7

-5,5

1,9

22,8

0,4

14,2

Net profit

-4,8

-5,2

Basic earnings per share (in EUR)*

-0,56

-0,62

1,69

Diluted earnings per share (in EUR)*

-0,56

-0,62

0,06

1,69

Operating result as % of net sales from goods
and services

-4,7%

-7,3%

2,6%

8,6%

Operating result as % of net sales from goods
and services (adjusted, without IPO cost)

-3,7%

-7,3%

3,5%

8,9%

Net profit as % of net sales from goods andservices

-4,9%

-6,8%

1,9%

5,5%

Cash flow from operating activities

-4,9

-16,0

11,0

6,4

Investments

2,5

2,9

-0,3

6,2

Free cash flow

-6,7

-18,3

11,5

0,8

1.308,5

1.256,052,51.266,830.09.2018

31.03.2018

Change30.09.2017

239,6

235,0

4,6

241,1

6,9

19,7

-12,8

35,6

Total equity**

136,9

120,3

16,7

104,8

Equity ratio**

57,1%

51,2%

6,0%

43,5%

Employees (FTE)
EUR million
Total liabilities and equity
Net debt* Due to the share split, the earnings per share as of 30 September 2017 and 31 March 2018, were adjusted for comparibility. Our
calculation took this into account with 1/200 of the earnings per share as of 30 September 2017 and 31 March 2018.
** 30 September 2017 including shareholder loan (EUR 19,3 million). The shareholder loan was converted to equity in March 2018.

9KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Consolidated income statement

EUR 000
Net sales from goods and services
Other operating income

01.04.2018 30.09.2018

01.04.2017 30.09.2017

01.04.2017 31.03.2018

99.05776.362257.027

2.487

1.887

2.917

Change in inventory of finished and unfinishedgoods as well as unbilled goods and services

22.13833.6405.480

Raw material expense-54.945-49.812-100.873

Personnel expense-48.723-46.117-94.808

Depreciation on tangible fixed assets-3.057-3.054-6.106

-238

-220

-450

-21.553-18.440-41.451

182

217

322

Operating result-4.652-5.53722.058Financial result-1.740-157-773

Profit before income taxes-6.392-5.69421.285

Income taxes

1.570

521

-7.053

Net profit-4.822-5.17314.23201.04.2018 30.09.2018

01.04.2017 30.09.2017

01.04.2017 31.03.2018

Amortisation on intangible assets
Other operating expense
Share of result from joint ventures

Earnings per share
EUR
Basic earnings per share*
Diluted earnings per share*

-0,56

-0,62

1,69

-0,56

-0,62

1,69

01.04.2018 30.09.2018

01.04.2017 30.09.2017

01.04.2017 31.03.2018

Additional information - non-GAAP measures
EUR 000
EBITDA
Total output-1.357-2.26328.614121.195

110.002262.507* Due to the share split, the earnings per share as of 30 September 2017 and 31 March 2018, were adjusted for comparibility. Our calculation took this
into account with 1/200 of the earnings per share as of 30 September 2017 and 31 March 2018.

10

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Consolidated balance sheet
30.09.2018

31.03.2018

Cash and cash equivalents
Receivables from goods and services
Derivative financial instruments
Other short-term receivables
Inventories
Prepayments and accrued income
Total current assets

8.111
49.92410
8.566
103.075912
170.598

8.632
72.183191
9.112
76.248879
167.245

Non-current assets
Tangible fixed assets
Loans and other receivables
Investments in joint ventures
Deferred tax assets
Other financial assets
Intangible assets
Total non-current assets
TOTAL ASSETS

51.044757
1.719
13.253637
1.615
69.025239.62351.7371.509
1.537
10.779540
1.688
67.790235.035

Short-term financial liabilities
Payables from goods and services
Derivative financial instruments
Other short-term liabilities
Accrued liabilities and deferred income
Short-term provisions

9.459
18.601
312
29.48413.6296.702

22.03515.805126
29.62914.735
7.846

Total current liabilities

78.18790.176

Non-current (long-term) liabilities
Other long-term financial liabilities
Deferred tax liabilities
Long-term provisions

5.505
2.746
16.2716.295
2.657
15.646

Total non-current (long-term) liabilities

24.52224.598

Total liabilities

102.709114.774

EquityShare capital
Capital reserves
Retained earnings
Total equity
TOTAL LIABILITIES AND EQUITY

28.63951.26657.009136.914239.62326.72633.41060.125120.261
235.035

EUR 000
AssetsCurrent assets

Liabilities and equity
Current liabilities

11

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Consolidated cash flow statement

EUR 000

01.04.2018 30.09.2018

01.04.2017 30.09.2017

01.04.2017 31.03.2018

Net Profit-4.822-5.17314.232

Depreciation / amortisation / write-up of
tangible fixed assets and intangible assets

3.295

3.274

6.556

Decrease / increase in provisions (including
deferred taxes)

-603

282

-838

Loss / profit from the disposal of tangible fixed
assets and intangible assets

16

-4

317

Increase / decrease of receivables from goods
and services

23.76820.715-8.012

Increase / decrease of inventories-26.404-41.700-8.038-1.626-8.658-2.826

Share of loss / profits from the application of
the equity method

-182

-217

-322

Increase / decrease of payables from goods andservices

2.743

3.937

1.596

Increase / decrease of other short-term liabilities
and accrued liabilities and deferred income-1.73711.323

4.131

Increase / decrease of other receivables and prepayments and accrued income (including deferred tax)

Other non-cash items
Cash flow from operating activities

624

268

-387

-4.928-15.953

6.409

Inflows / Outflows for investment in financial assets (including loans, participations, securities,…)

659

545

236

Outflows for investment in tangible fixed assets-2.334-2.655-5.463

Inflows from the sale of tangible fixed assets

34

-

436

Outflows for investment in intangible assets

-177

-195

-770

Cash flow from investing activities-1.818-2.305-5.561

Inflows from capital increase

19.769-----2.800Issuance / repayment of short-term financial
liabilities-13.51418.535

4.402

Cash flow from financing activities

6.255

18.535

1.602

Currency translation effects

-30

-382

-487

Net change in cash

-521

-105

1.963

Opening balance of cash and cash equivalents at
01.04.

8.632

6.669

6.669

Closing balance of cash and cash equivalents at
31.03.

8.111

6.564

8.632

Net change in cash

-521

-105

1.963

Distribution of profits

12

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Consolidated statement of changes in equity
Retained earnings
Otherretainedearnings

Cumulative
foreigncurrency
differences

Total
retainedearnings

Total equity

64.688-7.714-2.30451.885-2.30492.768-2.304

SharecapitalCapitalreserves

Goodwill
offset withequityBalance as at 01.04.2017 - restated
Currency translation differences

26.726-14.157--20.517-

Net result from cash flow hedges

-

-

-

168

-

168

168

Net profit

-

-

-

-5.173--5.173-5.173

Balance as at 30.09.2017 - restated26.72614.157-20.51759.6835.410

44.57685.459Balance as at 31.03.2018

26.72633.410-20.51776.2284.414

60.125120.261

Balance as at 01.04.2018

26.72633.410-20.51776.2284.414

60.125120.2611.913

17.856----19.769Currency translation differences

-

-

-

-

1.823

1.823

1.823

Net result from cash flow hedges

-

-

-

-117

-

-117

-117

Net profit

-

-

-

-4.822--4.822-4.82228.63951.266-20.51771.2896.237

57.009136.914

EUR 000

Capital increase and decrease

Balance as at 30.09.2018

13

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

Notes to the half-year
financial statements 2018/19
1. Basis for the preparation of the financial statements and accounting policies
These consolidated financial statements cover the unaudited half-year results for the six months
ending 30 September 2018. They have been prepared in accordance with Swiss GAAP FER as awhole and give a true and fair view of the assets, liabilities and earnings of KLINGELNBERG Group.
The consolidated interim financial statements for 2018/19 have been prepared in accordance with
FER 31 “Supplementary Recommendation for Listed Companies”.
These interim financial statements do not contain all the information and disclosures requiredin the annual consolidated financial statements. They should therefore be read in conjunction
with the consolidated financial statements at 31 March 2018 (published in offering memorandum
9 June 2018).
Management has not made any changes to the estimates and assumptions compared to theprevious period.

2. Changes in the scope of consolidation
The Group consolidation structure has not changed since 31 March 2018.

3. Key exchange rates
The table below outlines the main exchange rates used in the preparation of our consolidated
financial statements as at and for the years ended 30 September 2018, 2017 and 31 March 2018.

period end exchange rates

CHF/EURaverage30.09.2018

31.03.2018

30.09.2017

01.04. 30.09.2018

1,13100

1,17875

1,14460

1,1592801.04.2017 31.03.2018

01.04. 30.09.2017

1,13548

1,10728

USD/EUR

1,15815

1,23230

1,18135

1,17765

1,17046

1,13735

JPY/EUR

131,36320

131,32005

132,83100

129,88308

129,68701

126,33822

14

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

4. Segment information
Notwithstanding the additional recommendations for listed companies (Swiss GAAP FER 31), theBoard of Directors of the KLINGELNBERG Group decided not to publish any detailed segment
results in order to protect the interests of its shareholders.
Disclosing operating results by business units would lead to competitive disadvantages in termsof our profitability and distribution margins as well as our cost calculations. Please read theconsolidated half year statements under review in conjunction with the consolidated financial
statements at 31 March 2018 (published in offering memorandum 9 June 2018).
Net sales from goods and services

01.04.2018 - 30.09.2018
Service location

EUR 000
Germany

Switzerland

Japan

USA

Rest of world

Total

Bevel gears

9.978

21.080

1.747

3.392

4.814

41.011

Cylindrical gears

13.707

-

1.172

2.471

1.363

18.713

Measuring devices

21.551

1.396

2.045

2.494

2.607

30.093

Drive technology

4.854

-

-

-

42

4.896

Other

320

-

-

-

4.024

4.344

Total

50.41022.476

4.964

8.357

12.85099.057

Net sales from goods and services

01.04.2017 - 31.03.2018
Service location

EUR 000
Germany

Switzerland

Japan

USA

Rest of world

Total

Bevel gears

14.22479.0062.953

22.8045.834

124.821

Cylindrical gears

23.959

913

7.637

3.730

2.207

38.446

Measuring devices

48.575

5.156

6.771

6.109

6.557

73.168

Drive technology

12.880

-

-

-

271

13.151

Other

591

-

40

-

6.810

7.441

Total

100.22985.07517.40132.64321.679257.027

Net sales from goods and services

01.04.2017 - 30.09.2017
Service location

EUR 000
Germany

Switzerland

Japan

USA

Rest of world

Total

Bevel gears

5.245

16.627732

12.5601.920

37.084

Cylindrical gears

3.450

-

39

1.568

898

5.955

Measuring devices

18.240

514

2.276

1.740

1.899

24.669

Drive technology

4.843

-

-

-

217

5.060

Other

394

-

48

-

3.152

3.594

Total

32.17217.141

3.095

15.8688.086

76.362

5. Investments in associated companies and joint ventures
In the first half year 2018/19 as well as 2017/18, there were no changes in investments in associatedcompanies and joint ventures.

15

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

6. Goodwill
Goodwill from the acquisition of consolidated entities is offset with equity at the date of theacquisition. Goodwill is theoretically amortized on a straight line basis over a useful life of 7-15
years. A theoretical capitalization of goodwill would have the following effects on the consolidated
financial statements.

Theoretical impact on equity
EUR 000

30.09.2018

31.03.2018

30.09.2017136.914120.26185.459Equity according to balance sheet
Theoretical net carrying amount goodwill

6.128

7.029

7.931

143.042127.290

93.39030.09.2018

31.03.2018

30.09.2017-4.822

14.232-5.173

Theoretical equity incl. net carrying amount of goodwill

Theoretical effect on income statement
EUR 000
Net profit
Theoretical amortisation of goodwill
Theoretical net profit-902-1.804-902-5.72412.428-6.075

7. Shares
At 9 June 2018 the general assembly decided to split the shares from 1.000 CHF/per share to
5 CHF/per share and to increase the share capital by 440.000 registered shares with a nominal
value of CHF 5 each. These new shares increased the share capital by TCHF 2.200 (TEUR 1.913)
and the capital reserve by TCHF 20.537 (TEUR 17.856). The capital increase was carried out on
19 June 2018.

8. Significant events and business transactions
During the period under review, no material events or business transactions occurred that might
have an impact on the critical estimates, appraisals and assumptions to be found in the consolidated
financial statements as at 31 March 2018. Except for the share increase (note 7) and the “IPO”-costs(30 September 2018: TEUR 967; 31 March 2018 TEUR 747) there were no further material events orbusiness transactions that might impact other positions in the consolidated financial statements.
The “IPO”-costs mainly contain consulting fees for the banks, lawyers and auditors.
The capital increase has been mostly used for the repayment of short-term liabilities until thefinancing of investments.
The standard intra-year seasonal trends of recent years can also be seen in this year’s businessperformance. In general, approximately 30% to 40% of total sales are generated in the first half ofthe year. As a result, sales are projected to be stronger and therefore profits higher in the second
half of the year.

16

KLINGELNBERG GROUP
Consolidated financial statements as at 30 September 2018

9. Events after the closing date
At the publish date of this report, the Company is not aware of any significant new event thatwould affect the half-year financial statements at 30 September 2018.

About the company
Founded in 1863, KLINGELNBERG is one of the leading companies in the gear industry. On the
background of many innovations in the areas of calculation, production, and measuring technology,
KLINGELNBERG sees itself as a leader in this sector. With its acquisition of Höfler Maschinenbau
GmbH’s core business in 2012, KLINGELNBERG has added machines for machining cylindrical gears
to its range of products, reinforcing its position as a complete system provider.
Headquartered in Zurich (Switzerland), KLINGELNBERG now develops and manufactures at its
sites in Zurich (Switzerland), Hueckeswagen, and Ettlingen (Germany), as well as Győr (Hungary).
The company also maintains a presence with sales and service offices and numerous marketing
agents all over the world. KLINGELNBERG solutions are used in the automotive, commercial
vehicle, and aviation industries, as well as in shipbuilding, the wind power industry, and thegeneral transmission manufacturing industry. Applications range from vehicle drives, aircraft
turbine engines, and cement mill gear units to drive systems for ships and oil rigs.
With over 200 patent grants, the company continuously demonstrates its capacity for innovation.
Above and beyond this, its 14001 certification and participation in the VDMA’s Blue Competence
initiative give credence to the company's sustainable, environmentally sound business practices.
The shares of KLINGELNBERG AG are listed on the SIX Swiss Exchange (KLIN).

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KLINGELNBERG AG
Binzmühlestrasse 1718050 Zürich, Switzerland
Fon: +41 44 278 7979
Mail: investorrelations@klingelnberg.com
Web: www.klingelnberg.com

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