Softing AG

Softing AG: Sales grew more than 40% to EUR 74.5 million

Business news for the stock market

Haar (pta013/17.03.2015/12:23) - Softing AG completed 2014 with significant growth

* Sales grew to EUR 74.5 million (EUR 52.6 million) * Earnings per share resulted in EUR 0.58 (EUR 0.69) * Cash dividend of EUR 0.25 per share proposed

Softing announces 2014 consolidated sales of EUR 74.5 million (previous year EUR 52.6 million). This represents a sales growth of more than 40%. The growth is mainly driven by recent acquisitions which all exceeded Softing's expectations.

The EBIT resulted in EUR 5.9 million (previous year EUR 6.2 million). This is a healthy base for the upcoming years as it includes more than EUR 1 million direct and indirect one-time costs related to the 2014 acquisitions and EUR 0.8 million from the Purchase Price Allocation (PPA) on intangible assets.

Cash and cash equivalents amounted to EUR 8.8 million (previous year EUR 12.5 million). Earnings per share amounted to EUR 0.58 (previous year: EUR 0.69). The auditors have fully approved Softing's consolidated financial statements. The Executive Board and the Supervisory Board propose a cash dividend of EUR 0.25 per share to the annual shareholder meeting held on May 6, 2015.

Softing expects a continuing growth of sales and EBITDA in 2015. Traditionally, Softing will publish a numeric guidance following the presentation of the 2015 first quarter results.

All details of the 2014 financial year can be found under www.softing.com in the 2014 annual report which will be published on March 27, 2015.

About Softing AG

Softing is a global management holding company. The companies of the Softing Group produce and market hardware and software for in the industrial automation and automotive electronics segments. They develop high-quality standard technology products and customized solutions in close cooperation with their customers. Both of Softing's business segments operate in growth markets. Softing aims at achieving sustainable profitability with double-digit sales growth annually.



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emitter: Softing AG address: Richard-Reitzner-Allee 6, 85540 Haar country: Germany contact person: Dr. Wolfgang Trier phone: [phone] e-mail: [e-mail] website: www.softing.com

ISIN(s): DE0005178008 (share) stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf; open market in Berlin

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