DGAP-News

After a successful year 2014, BRAAS MONIER with a strong focus on innovation and above-market growth against the backdrop of a more positive 2015 market environment

DGAP-News: Braas Monier Building Group S.A. / Key word(s): Preliminary
Results
After a successful year 2014, BRAAS MONIER with a strong focus on
innovation and above-market growth against the backdrop of a more
positive 2015 market environment

03.03.2015 / 07:00

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After a successful year 2014, BRAAS MONIER with a strong focus on
innovation and above-market growth against the backdrop of a more positive
2015 market environment

- Excellent operating performance 2014

- Significant increase in Operating EBITDA by 23.3% to EUR 195.4
million

- Strong EBITDA margin improvement from 13.0% to 16.1%

- Positive Net Profit of EUR 39.8 million, an increase of more than
EUR 100 million
against 2013

- Adjusted Free Cash Flow of EUR 89.0 million before one-time effects
of EUR 69.4 million

- Net debt to Operating EBITDA ratio continues to decline to 1.7x
(prior year: 2.8x)

- Dividend to be initiated at EUR 0.30 per share, underpinned by
solid operational and financial performance

- Course set for healthy growth in 2015

- Overall positive market development expected

- 'Top Line Growth' programme continues to aim for above-market
growth and build on the successes of the past year

- First-time inclusion of value-accretive acquisition in Spain and
Portugal, validating our strategy to make bolt-on acquisitions,
rounding out and strengthening our portfolio, especially in markets
where above average growth is expected

- Programme on process excellence launched to support high
operational leverage, which will drive a substantial improvement in
profitability once markets recover

'For many reasons, 2014 has been a remarkable year for Braas Monier. We
have shown an outstanding operating performance, significantly improved our
financial structure on the debt as well as on the equity side and, what is
more, we have set the course for further above-market growth in the future,
by continuing to execute successfully our Top Line Growth programme. The
acquisition of Cobert and the promising product innovation 'WrapTec' are
good examples that we continue to deliver on our strategic milestones,'
Pepyn Dinandt, CEO of Braas Monier Building Group S.A. summarised.