Gerresheimer expects significant positive effects from the US tax reform in 2018

Düsseldorf (ots) -

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On December 22, 2017, the US President signed the US tax reform,
also known as the Tax Cuts and Jobs Act.

The main changes from Gerresheimer's standpoint concern the
reduction of the federal corporate tax rate from previously 35 % to
now 21 % effective from January 1, 2018 and the elimination of
certain previously available deductions from taxable income. There
are also additional restrictions on the tax deductibility of certain
expenses.

As a result of these changes, we anticipate a one-time deferred
tax benefit from the revaluation of deferred tax assets and
liabilities of our US subsidiaries included in the consolidated
financial statements between USD 50 million and USD 55 million for
the 2018 financial year, recorded in the first quarter of 2018.

In addition, the changes from the US tax reform have a positive
effect on current income taxes. If these changes had already been
applied for the 2017 financial year, this would have had a positive
effect on current income taxes and thus also on our 2017 net income
in the low single digit million Euro amount.

Technically, these effects have a positive effect on the adjusted
earnings per share after non-controlling interests.

Originaltext: Gerresheimer AG
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ISIN: DE000A0LD6E6

Contact:
Jens Kürten
Group Senior Director Communication & Marketing
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