DGAP-News: Deufol SE

DGAP-News: Deufol SE: Annual Results 2015

DGAP-News: Deufol SE / Key word(s): Final Results Deufol SE: Annual Results 2015

09.05.2016 / 18:31 The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Deufol SE: Annual results 2015 * Sales EUR 324.8 million (previous year EUR 298.9 million)

* EBITDA EUR 15.6 million (previous year EUR 13.5 million)

* EBIT(A) EUR 8.2 million (previous year EUR 6.2 million)

* Operating cash flow EUR 5.5 million (previous year EUR 22.2 million)

* Net financial liabilities EUR 39.4 million (previous year EUR 37.0 million)

Hofheim, April 29, 2016

Sales trend - Budget targets achieved In an unsecure economic environment the revenues of the Deufol Group added up to EUR 324.8 million (previous year: EUR 298.9 million). The budget for 2015, which foresaw revenues in the scope between EUR 295 million to EUR 315 million, was excelled. Operating result (EBIT) The EBITDA amounted to EUR 15.6 million and was at the top of the budgeted scope between EUR 14 million to EUR 16 million. The reason of this result lays mainly in the very positive business development in Germany and in the US. The EBIT reached 8.2 million (previous year: EUR 6.2 million).

Financial indebtedness stabilized - positive operating cash flow In the past fiscal year the financial liabilities of the Deufol Group have been very constant, they slightly decreased from EUR 58.8 million to EUR 58.2 million.

Net financial liabilities - defined as the total financial liabilities less financial receivables and cash - increased by EUR 2.4 million from EUR 37.0 million on December 31, 2014 to EUR 39.4 million at the end of the period under review. This was due to the decrease in cash held (- EUR 1.7 million) and lower financial receivables (- EUR 1.3 million).

The operating cash flow amounted to EUR 5.6 million in the period under review and was thus signifi-cantly lower than in the previous year (EUR 22.2 million). This was mostly caused by increased trade receivables (+ EUR 10.8 million) due to new payment conditions for one major customer.



Key Data of the Year 2015



figures in EUR million 2015 2014 change (%) Sales 324.8 298.9 8.7 EBITDA 15.6 13.5 15.6 EBIT(A) 8.2 6.2 32.3 EBT 5.5 3.5 57.1 Income for the Period 3.59 0.47 663.8 of which attributable to noncontrolling interests 0.30 0.24 25.0 of which attributable to equity holders of parent 3.30 0.23 1.334.8 Earnings per Share (EUR) 0.075 0.005 1.400.0 Operating Cashflow 5.5 22.2 (75.2) Investments in tangible assets 5.2 5.7 (8.8) Net Financial Liabilities 39.4 37.0 6.5 Equity Ratio (%) 45,6 44,6 2,2 Employees (Average) 2.641 2.523 4,7



Outlook For fiscal year 2016, the Deufol Group plans sales of between EUR 320 million and EUR 335 million. Its op-erating result (EBITDA) should amount to between EUR 14,5 and 16,5 million.

Sales should increase in Germany and in the Rest of Europe but fall slightly short of the level realized in the previous year in the USA / Rest of the World.

With regard to our results forecast, we expect our core business in Germany to increase comparable to 2015. This is attributable to the productivity-boosting measures implemented last years. For the Rest of Europe we envisage a slight increase in earnings. In the USA / Rest of the World segment, we expect results on the level as 2015.

Various financing groups exist within the Deufol Group. In Germany and the Rest of Europe Deufol has syndicated financing arrangement which lasts till October 2016. For this arrangement negotiations to extend the term and to expand the credit lines were started in 2015. In January 2016 this process was successfully finished by signing the new agreement. In this respect, improvements could be realized in the financial covenants specified by the agreement and our financial leeway could be expanded.

The Annual Financial Report is available on the internet at http://www.deufol.com.

Contact: Deufol SE Claudia Ludwig Johannes-Gutenberg-Strasse 3-5 65719 Hofheim (Wallau) Tel.: +49 (6122) 50 1228 E-mail: Claudia.Ludwig@deufol.com

---------------------------------------------------------------------------

09.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------

461743 09.05.2016