Vossloh Aktiengesellschaft / Key word(s): Strategic Company Decision 02.12.2014 13:10 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Today, the Supervisory Board of Vossloh AG decided on the key points of the new strategy of the Vossloh Group. As a result of a detailed assessment of the Group's product range, the previous Rail Infrastructure division is to be divided into three new business units - Core Components, Customized Modules and Lifecycle Solutions. These three new infrastructure units form the future core business of the Group, while the previous Transportation division is no longer defined as core business but will nevertheless initially remain as a fourth division of the Group. The Transportation division will presumably contribute roughly EUR500 million to Group sales in 2014. The goal is to sell the Transportation division in whole or in parts by 2017 at the latest or to transfer it into a partnership which will no longer be controlled by Vossloh, depending on the progress of Vossloh Group's restructuring and repositioning measures currently being carried out. With this, the longer-term transformation of the Group into a new company in the rail infrastructure segment is being initiated. In connection with this realignment, it is also planned to strengthen the three new core divisions through acquisitions, where appropriate. The Executive Board of Vossloh AG has been developing the key elements since June 2014, has decided on the new strategy of the Vossloh Group, presented it yesterday and today to the Supervisory Board and discussed and evaluated it comprehensively with the Board. Likewise, the executive Board and Supervisory Board discussed, evaluated and approved the new medium-term planning of Vossloh Group. For the current fiscal year, Vossloh expects sales revenues in the amount of approximately EUR1.34 billion and is confirming the already-announced EBIT forecast of EUR-150 million to EUR-180 million. Adjusted for one-off effects, the 2014 EBIT is expected to be approximately EUR30 million, and thereby the EBIT margin is estimated to amount to approximately 2 percent. Based on the current structure, for 2015 the Executive Board anticipates an increase in sales between 3 percent to 4 percent and an increase in the EBIT margin to approximately 3 percent to 4 percent. In the year 2016, with the ongoing measures for restructuring and realignment of the Group as well as the planned intensified expenses for the acceleration of innovation, EBIT will as well remain under the EBIT target margin forecast for 2017. This should amount in 2017 to approximately 5 percent to 6 percent on the basis of the hitherto existing portfolio structure. Further details concerning the strategy and planning of the Vossloh Group will be announced in a press release on December 3, 2014. 02.12.2014 The DGAP 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: Vossloh Aktiengesellschaft Vosslohstr. 4 58791 Werdohl Germany Phone: +49 (0)2392 52 - 359 Fax: +49 (0)2392 52 - 219 E-mail: [email protected] Internet: www.vossloh.com ISIN: DE0007667107 WKN: 766710 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------