Arbon, 20


Arbon, April 30, 2015

Press Release Revenues after currency adjustments remain at prior year level, weaker operating result

- Net revenues of CHF 107.6 million after currency adjustments at prior year level

(-0.6 percent)

- EBITDA CHF 11.2 million (prior year: CHF 14.0 million), EBITDA margin 10.4 percent
In the first quarter of 2015, the key figures of Looser Holding AG, headquartered in Arbon
(Switzerland), were significantly affected by the weaker Euro. In the first three months of
2015, the Looser Group generated net revenues of CHF 107.6 million
(prior year: CHF 118.0 million). This corresponds to an 8.8 percent decline when compared to the previous year. At constant exchange rates, the decline amounted to 0.6 percent. The operating result (EBITDA) decreased to CHF 11.2 million (prior year: CHF 14.0 million), and the EBITDA margin was 10.4 percent, compared to 11.9 percent in the previous year. The Looser Group closed the first quarter of 2015 with consolidated net income of
CHF 1.9 million (prior year: CHF 3.4 million).

Temperature Control and Doors segments reported growth in local currencies Revenue developments in the first quarter of 2015 varied between Looser's four segments. Net revenues in theCoatings segment declined by 12.7 percent after currency adjustments to CHF 36.2 million (prior year: CHF 42.3 million). In theIndustrial Services segment, net revenues amounted to CHF 11.4 million (prior year: CHF 12.2 million) and thus decreased on an adjusted basis by 4.7 percent from the previous year. In theTemperature Control segment, net revenues in Swiss francs fell by 3.6 percent from the prior year

(CHF 8.6 million) to CHF 8.3 million. In local currencies, the segment reported a significant growth by more than 10.0 percent. The Doors segment recorded a 6.1 percent decline in net revenues from the previous year to CHF 52.8 million (prior year: CHF 56.3 million). After currency adjustments, however, the segment saw a marked increase in revenues by
7.6 percent.

Outlook 2015

Due to the significantly stronger Swiss franc, the Looser Group expects that revenues for the full financial year 2015 will decline while the operating margin will remain at the prior year
level.
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Key figures of the Looser Group

(amounts in thousands of CHF)

01.01. to

31.03.2015

01.01. to

31.03.2014

Net revenues

107,603

118,045

Change in net revenues (in %)

-8.8

Change in net revenues after currency adjustments (in %)

-0.6

Earnings before interest, taxes, depreciation and amortization (EBITDA)

11,206

14,010

EBITDA as a percentage of net revenues

10.4

11.9

Earnings before interest and taxes (EBIT)

5,601

8,444

EBIT as a percentage of net revenues

5.2

7.2

Consolidated net income

1,941

3,411

Earnings per registered share (in CHF)

0.51

0.90

Cashflow from operating activities

-8,988

-9,119

As of 01.03.2015

As of 31.12.2014

Shareholders' equity

202,562

217,904

Net debt

125,572

119,674

Number of full-time equivalents

2,255

2,255

Key figures of the Looser Group

(amounts in thousands of CHF)

01.01. to

31.03.2015

01.01. to

31.03.2014

+/- in

%

*+/- in %

Net revenues Coatings

36,239

42,291

-14.3

-12.7

Net revenues Industrial Services

11,416

12,190

-6.3

-4.7

Net revenues Temperature Control

8,263

8,568

-3.6

10.0

Net revenues Doors

52,833

56,284

-6.1

7.6

*after currency adjustments

About Looser Holding AG

Looser Holding AG is an international industrial holding company headquartered in Arbon (Switzerland). The corporate group is active in the Coatings, Industrial Services, Temperature Control, and Doors sectors. Around 2,250 employees work for the group in 21 operational facilities in Europe, Asia and the U.S.A. Looser Holding AG's registered shares are listed on
the SIX Swiss Exchange (Main Standard). www.looserholding.com
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Financial calendar 2015/2016

August 20, 2015

2015 mid-year results press release

Publication of 2015 Mid-year report

November 3, 2015

Q3/2015 press release

January 20, 2016

2015 revenues press release

March 17, 2016

2015 results press release

Media and analysts' conference on 2015 results

Publication of Annual report 2015

April 21, 2016

Looser Holding AG, 11th General meeting

May 03, 2016

Q1/2016 results press release

August 16, 2016

2016 mid-year results press release

Publication of Mid-year report 2016

November 02, 2016

Q3/2016 press release

Information:

Text and pictures are available for downloading at http://www.looserholding.com/1/media/press-releases/and
http://www.looserholding.com/1/media/images/.

For further information please contact:

Tim Talaat, CEO, Chairman of the Group Executive Management, and
Christoph Fierz, CFO
Telephone: +41 (0) 52 244 86 86
Fax: +41 (0) 52 244 86 81
E-mail: info@looserholding.com
Internet: www.looserholding.com
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