DGAP-News: CENTROTEC Sustainable AG / Key word(s): Final Results/Forecast CENTROTEC Sustainable AG: CENTROTEC increases net earnings by 7.5 %; slight growth in revenue and earnings expected for 2014 27.03.2014 / 07:30 --------------------------------------------------------------------- Brilon, March 27, 2014: As already reported at the start of February, CENTROTEC Sustainable AG, Brilon, achieved revenue of EUR 525.4 million in the 2013 financial year (previous year EUR 533.8 million), with the operating result (EBIT) of EUR 35.7 million showing an improvement on the prior-year figure (EUR 35.2 million). The net result after tax (EAT) improved by 7.5 % to EUR 24.0 million (previous year EUR 22.3 million). This led to an increase in earnings per share (EPS) to EUR 1.40 (previous year EUR 1.31). Over the past year CENTROTEC has invested extensively in the expansion of its production locations and the further development of its product portfolio. The investment volume of EUR 32.5 million was well up on the previous year (EUR 20.0 million). The company nevertheless succeeded in scaling back net financial liabilities to EUR 21.9 million (previous year EUR 27.5 million). To enable the shareholders, too, to participate directly in this positive development in the operating area as well as in the finances, the Supervisory Board and Management Board will propose an increased dividend of EUR 0.20 per share (previous year EUR 0.15) to the Shareholders' Meeting. The opening months of the current 2014 financial year have fundamentally progressed well because of the mild winter. CENTROTEC expects a generally favourable market environment for 2014 as a whole. Along with the continuing sound development of the German market, there are signs of a recovery in the general economic situation in a large number of international markets. Nevertheless, at present it is unclear to what extent this positive development will already affect the financial performance of CENTROTEC in the financial year 2014. The same is true of the changes in the regulatory framework in Germany that are currently under discussion. Taking that into account, CENTROTEC stands by its expectation of slight growth in revenue in earnings, and firms up its forecast for revenue of EUR 525 to 550 million and an operating result of EUR 36 to 38 million for the full year. Provided the international political environment remains stable, CENTROTEC believes it is in a position to achieve sustained profitable growth by virtue of its good market position and sound financial position. CENTROTEC Sustainable AG CENTROTEC Sustainable AG enjoys a presence in over 50 different countries through subsidiaries and sales partners. The principal group companies are Wolf, Brink Climate Systems and Ned Air in the Climate Systems segment, specialising in heating, climate control and ventilation technology e.g. in the form of solar thermal systems, CHP units and home ventilation systems with heat recovery, as well as Ubbink and Centrotherm in the Gas Flue Systems segment, with their focus on gas flue and air ducting systems. CENTROTEC is consequently Europe's only listed full-service provider of heating and climate control technology, solar thermal systems and energy-saving solutions for buildings. CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt/ Main; indices: SDAX, Prime All Share, Prime Industrial For further information, contact: CENTROTEC Sustainable AG, Carsten Vogt, Tel.: +49 (0)2961 96631-103 or MetaCom GmbH, Georg Biekehör, Tel.: +49 (0)6181 98280-30 End of Corporate News --------------------------------------------------------------------- 27.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: CENTROTEC Sustainable AG Am Patbergschen Dorn 9 59929 Brilon Germany Phone: +49 (0)2961 96631-0 Fax: +49 (0)2961 96631-100 E-mail: [email protected] Internet: www.centrotec.de ISIN: DE0005407506 WKN: 540750 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 259901 27.03.2014