Greiffenberger AG : press release, february 19, 2014

Press Release by the Greiffenberger AG (WKN 589 730 / ISIN DE0005897300)

Greiffenberger AG - Greiffenberger Group generates a turnover of € 155.2 m and EBIT of € 6.0 m, according to 2013 initial interim figures

Marktredwitz and Augsburg, February 19, 2014 - The Greiffenberger Group generated a turnover of € 155.2 m in fiscal year 2013, according to initial interim figures for 2013. This puts revenues at the upper end of the 2013 turnover forecast that was updated in November (within a range of € 152 m - € 156 m). As a result of the costs optimization measures introduced during the year, some delivering effects even within a short space of time, operating earnings before interest and taxes (EBIT) of € 6.0 m were generated, according to the initial interim figures. Therefore the earnings performance was slightly above the updated forecast, which had anticipated an EBIT in the range of € 4.3 m - € 5.8 m.

Note:
The Greiffenberger Group's detailed interim figures will be announced on March 24, 2014.

On the Greiffenberger AG:

Registered in Marktredwitz, Greiffenberger AG is a family-led industrial holding with 1,051 employees. With an export ratio of 60 % it operates successfully worldwide in technologically demanding niche areas of three growth markets:

• Drive Technology: efficient drive technology for companies that develop market-leading solutions, particularly industrial applications, e-mobility and renewable energies.
• Metal Band Saw Blades & Precision Strip Steel: the finest quality for demanding industrial applications
• Pipeline Renovation Technology: state-of-the-art trenchless technology and pipe surface protection technology

The company's strategic focus is on continuing to develop sector expertise and advancing environmental technology in areas that include wind power, biomass heating and pipeline renovation technology. Organic growth will be generated by increasingly internationalizing sales and procurement, and complemented optionally by acquisitions of companies. The company has been listed since 1986 (WKN 5897300, ISIN 0005897300, ticker symbol GRF).

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