Westag & Getalit AG / Key word(s): 9-month figures 23.10.2015 12:03 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. --------------------------------------------------------------------------- Rheda-Wiedenbrück, October 23, 2015 The first nine months of the financial year saw Westag & Getalit AG generate sales revenues of EUR 170.1 million. While this was still 0.3 % down on the prior year's period (EUR 170.6 million), it is mainly a reflection of the weaker first quarter. Export sales developed very encouragingly during the nine-month period, rising by 3.8 % to EUR 35.4 million (previous year: EUR 34.2 million) despite the significant slump in Russia. The export ratio consequently climbed from 20.0 % to 20.8 %. Sales revenues in the Doors/Frames Division during the first nine months came in at EUR 90.1 million, remaining almost unchanged from the prior-year figure of EUR 90.0 million. The Surfaces/Elements Division contributed EUR 75.2 million to the nine-month sales figure, which was marginally below the prior-year figure (EUR 75.3 million). As already reported at the half-year stage, total sales revenues were adversely affected by external revenues from the co-generation plant coming in lower due to downtimes necessitates by routine maintenance work being brought forward. The company's earnings performance during the first nine months was satisfactory. At EUR 7.7 million, earnings before taxes were up 0.4 % on the prior year period. This trend was mirrored in net profit which also increased by 0.4% % to EUR 5.4 million. At the end of the nine-month period, net profit per ordinary share and preference share stands at EUR 0.97 and EUR 1.03, respectively. Outlook: The economic environment looks positive overall, even though trading conditions in certain regions are bound to suffer from the political uncertainties around the globe. It remains to be seen to what extent European housing construction will be driven in the medium term by demographic changes through immigration from crisis regions. Encouraging factors include the strong situation in domestic housing construction as well as the slowly recovering activity in public and commercial construction. This is also reflected in Westag & Getalit AG's order book which suggests a positive and improved revenues and earnings trend for the fourth quarter compared to the prior year. Management therefore continues to expect a slight rise in both sales and earnings. The above press release and further information on Westag & Getalit are available on the Internet www.westag-getalit.de. Contact: Thomas Sudhoff PR and Financial Communication Tel.: +49 5242 / 17-5176 E-Mail: [email protected] 23.10.2015 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: Westag & Getalit AG Hellweg 15 33378 Rheda-Wiedenbrück Germany Phone: +49 (0)5242 17 - 0 Fax: +49 (0)5242 17 - 5603 E-mail: [email protected] Internet: www.westag-getalit.de ISIN: DE0007775207, DE0007775231 WKN: 777520, 777523 Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------