Hansen Transmissions International NV Trading Update

(Thomson Reuters ONE) - Edegem/Antwerp, Belgium - London, UK  -  20 January 2010 - 7 am UKGUIDANCE ADJUSTMENT FOR FINANCIAL YEAR 2010Since early 2009, the volatility and challenges impacting the near term windmarket have been reflected in Hansen Transmissions International NV ("Hansen" or"the Company") financial results, most recently in the half year Interim Resultswhere we commented on our caution resulting from the operating environmentremaining challenging and lacking visibility.This trend has continued and although the results for Q3 2010 are anticipated tobe in-line with the Company's expectations, Hansen believes the operatingenvironment to remain challenging for at least the next two quarters, being thefirst two quarters of the 2010 calendar year (reporting quarters Q4 2010 and Q12011).In particular, as a result of recent discussions with its customers, Hansen'sexpectations for volumes in the last quarter of the financial year 2010, whichhistorically has been its strongest quarter, have been reduced in order to meetwith customers needs in the short-term.Consequently, the Company adjusts its revenue guidance from flat revenue for thefull financial year 2010 to a revenue decrease of approximately 15% from thelevel achieved for the full financial year 2009. The Company continues to buildon its successful cost reduction measures to minimise the impact onprofitability.While the order book has seen significant rescheduling, the ongoing dialoguewith our customers continues to suggest some optimism for improving industryinvestment from the second half of the 2010 calendar year. We continue to bewell-positioned with our customers and see the issues as predominantly relatingto the wind market as a whole. Our confidence in the medium and longer-termfundamentals of the wind industry remain.Hansen will publish its Interim Management Statement for the 3 months periodended 31 December 2009 on 28 January 2010.ANALYST AND INVESTOR CONFERENCE CALLHansen will host an Analyst and Investor conference call regarding this tradingupdateWith: Ivan Brems, CEO and Alex De Ryck, CFOOn: Wednesday 20 January 2010 - 8.00 am UK timeDial-in details:  +44 20 3037 9221Please quote "Hansen" as the event title when joining the call and state yourname and company.A replay of this conference call will be available* for twenty-four hours using the following dial-in details +44 20 8196 1998access PIN 8893785#* on the Investor Relations section of Hansen's website as from Wednesdayevening 20 January 2010onhttp://www.hansentransmissions.com/en/reports_publications.htmlFor further information, please contact+------------------------------------------------------------------------------+|Hansen Transmissions International NV |+-----------------------------------------------------------------+------------+|Investor Relations |+32 ||Hans Ooms |3 450 58 62 ||De Villermonstraat 9 | ||2550 Kontich - Belgium | ||hans.ooms.ir(at)hansentransmissions.com | || | ||http://www.hansentransmissions.com/en/reports_publications.html | |+-----------------------------------------------------------------+------------++----------------------------------------------------------------------------+|M:Communications |+-----------------------------------------------------------+----------------+|Eleanor Williamson |+44 20 7153 1539||Williamson(at)mcomgroup.com | |+-----------------------------------------------------------+----------------+Financial Calendar - Hansen FINANCIAL YEAR 2010 12 months period ending 31 March 2010+--------------------------------------+------------------------------------+|29 July 2009 |Interim statement Q1 2010 Results |+--------------------------------------+------------------------------------+|26 October 2009 |Press Release 1H 2010 Results |+--------------------------------------+------------------------------------+|28 January 2010 |Interim statement Q3 2010 Results |+--------------------------------------+------------------------------------+|17 May 2010 (*) |Press Release FY 2010 Results |+--------------------------------------+------------------------------------+|24 June 2010 |Annual Shareholders' Meeting FY 2010|+--------------------------------------+------------------------------------+ (*) date subject to final confirmationAbout Hansen TransmissionsHansen Transmissions International NV is an established global wind turbinegearbox and industrial gearbox designer, manufacturer and supplier, with aleading position (by MW supplied) in the wind turbine gearbox market. Thecompany supplies gearboxes to the world's major manufacturers of gear-drivenwind turbines and provides durable gear drives for a wide range of industrialapplications throughout the world. Both Hansen's wind energy and industrialactivities have established dedicated international service networks. Inaddition to its principal state-of-the-art manufacturing facilities located inFlanders, Belgium - i.e. a wind turbine and industrial gearbox plant and a fullyintegrated, dedicated wind turbine gearbox manufacturing facility - Hansen has aproduction plant for wind turbine gearboxes in Coimbatore, India and an assemblyand testing plant for the Chinese market, located in Tianjin, China. As such,Hansen plans to increase its wind turbine gearbox manufacturing capabilities,from 7,300 MW per annum in the financial year 2009 to 14,300 MW, by financialyear 2013. Strong in-house R&D operations maintain Hansen's technologicalleadership and the company employs over 2,300 people worldwide.http://www.hansentransmissions.com/en/http://www.hansentransmissions.com/en/investorrelations.htmlForward Looking StatementsThis press release may include statements that are "forward-looking statements".In some cases, these forward-looking statements can be identified by the use offorward-looking terminology, including the terms "believes", "estimates","forecasts", "plans", "prepares", "projects", "anticipates", "expects","intends", "may", "will", "should" or other similar words. Forward-lookingstatements may include, without limitation, those regarding Hansen's financialposition, business strategy, plans and objectives of management for futureoperations (including development plans and objectives relating to Hansen'sproducts) and the wind turbine and gearbox markets. Such forward-lookingstatements involve known and unknown risks, uncertainties and other factorswhich may cause the actual results, performance or achievements of Hansen, orindustry results, to be materially different from any future results,performance or achievements expressed or implied by such forward-lookingstatements. Such forward looking statements are based on numerous assumptionsregarding Hansen's present and future business strategies and the environment inwhich Hansen will operate in the future. These forward looking statements speakonly as of the date of this press release. Hansen expressly disclaims anyobligation or undertaking to release publicly any updates or revisions to anyforward-looking statement contained herein to reflect any change in Hansen'sexpectations with regard thereto or any change in events, conditions orcircumstances on which any such statement is based. #[HUG#1375100] Press Release (PDF): http://hugin.info/139494/R/1375100/337284.pdf

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Datum: 20.01.2010 - 02:01 Uhr
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