Hellermanntyton : Q3 Trading Statement

12 November 2014

HellermannTyton Group PLC

("HellermannTyton" or "the Group")

Third quarter trading statement

HellermannTyton, the market-leading global manufacturer and provider of high performance and innovative cable management solutions, is issuing its third quarter trading statement for the nine months ended 28 September 2014 ("the period").

Current trading

·     Group revenue for the period was €441.2 million, 9.7% ahead of the first nine months of 2013 at reported rates and 13.8% ahead on a constant currency basis.

·     Each geographic segment showed double-digit revenue growth in constant currency compared to the first nine months of last year, with the highest growth being in the Asian segment.

·     Automotive sales growth remained strong, mainly in the car market in Asian (China) and Americas (USA).

·     Order intake was up by 12.8% in constant currency with good growth in all segments.

Revenue by geographic segment

Each of the Group's geographic segments achieved double digit revenue increases in constant currency and good growth in each of our three core markets, except Datacom sales in the Americas which declined due to customer project levels being lower.

Revenue by market

Electrical: good growth in all regions, particularly in Asian.

Automotive: strong sales growth in the car market in all regions, particularly in Asian (China) and Americas (USA). In the bus and truck market, sales slowed in EMEA with lower vehicle build rates.

Datacom & Others: Datacom saw growth in EMEA and Asian, particularly in broadband products, but with lower sales in the Americas.

Financial Position

The Group's net borrowings at 28 September 2014 were €171.8 million compared to €176.9 million at 29 June 2014. As at 28 September 2014 the Group had a €230.0 million revolving credit facility of which €200 million was drawn. Cash and cash equivalents were €44.0 million.

Exchange rates

Translation rates used in the reported results:

Outlook

As stated in our interim results on 22 August 2014, our continuing focus on high potential growth opportunities, product innovation and operational excellence mean that we remain confident about the outlook for the full year.

There will be a conference call for equity analysts and investors at 0900 London time today.  Please contact Powerscourt on +44 (0) 20 7250 1446 or athellermanntyton@powerscourt-group.comfor access details.

Enquiries

Notes

1.     This Third quarter trading statement, which is based upon unaudited management accounts, has been prepared solely to provide additional information to the shareholders of HellermannTyton Group PLC.  It should not be relied upon by any other party, or for other purposes.  Certain statements made in this statement have been made by the Directors in good faith using information available up until the date that they approved this statement.  Forward-looking statements should be regarded with caution because of the inherent uncertainties in economic trends and business risks.

About HellermannTyton

HellermannTyton is the market leading global manufacturer and supplier of high performance and innovative cable management solutions for fastening, identifying, insulating, protecting, organising, routing and connecting components in its Electrical, Automotive and Datacom and Other market segments. The Group operates world class production facilities in 12 primary locations across 10 countries offering more than 20,000 products in over 70,000 SKUs and with a total of 3,774 employees worldwide as at 29 June 2014. The Group's global network also comprises over 34 sales offices and warehouses.

The Group sells its products and solutions directly in more than 34 countries, with its core geographies of the E.U., the United States, Japan, China and Brazil, and a focus on other emerging markets. The Group has, as a result, developed local knowledge of the various geographic markets in which it operates, which has enabled it to meet the product demands of its global customers and to attract new customers in those locations. The Group believes that the high quality, reliability and innovative nature of the Group's products, as well as its strong commitment to customer service, have been key drivers for the Group's growth and recognition as a market leader. In addition, a significant factor in the Group's growth has been its ability to develop its products in response to key growth drivers in the markets in which it operates, such as the increasing demand for data and power and access to electricity, increased urbanisation, increased industrial and infrastructure construction, the substitution of metal fixings by plastic fixings, fuel efficiency in vehicles and the growing demand for installation efficiencies in the Group's end-markets.

The Group's revenue and underlying EBITDA for the 12 months ended 31 December 2013 were €538.0 million and €104.8 million, respectively. The Group's underlying EBITDA margin has remained at circa 20% over the last four years. For further information, please go towww.hellermanntytoninvestors.com