DGAP-Ad-hoc: WashTec AG / Key word(s): Quarter Results/Change in Forecast WashTec AG: WashTec raises full year guidance 07-Apr-2017 / 13:50 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- With preliminary revenues of EUR 101.2m representing a growth of 31.8% versus 2016 (2016 EUR 76.8m) WashTec has concluded a strong first quarter 2017. As in Q4 2016 the high revenues were driven by a strong key account business. Preliminary EBIT rose to EUR 12.1m as of March 31, 2017 (2016 EUR 3.7m), equalling an EBIT ratio of 12.0% (2016 4.9%). The order intake of the last weeks was above average and the order backlog remains significantly above prior year. The company therefore adjusts its guidance for the full year 2017. WashTec now aims to increase revenues by more than 10% to at least EUR 410m with an EBIT margin of more than 12%. Contact: WashTec AG Corporate Communications Karoline Kalb Argonstrasse 7 86153 Augsburg Tel.: +49 (0)821 - 55 84 - 1134 Fax: +49 (0)821 - 55 84 - 1135 --------------------------------------------------------------------------- 07-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: WashTec AG Argonstraße 7 86153 Augsburg Germany Phone: +49 (0)821 55 84-0 Fax: +49 (0)821 55 84-1135 E-mail: [email protected] Internet: www.washtec.de ISIN: DE0007507501 WKN: 750750 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service --------------------------------------------------------------------------- 563289 07-Apr-2017 CET/CEST