EXEL INDUSTRIES

Second-quarter sales 2017-2018 A weak quarter in an unfavorable currency context - Seite 3

Activity in the Sugar Beet Harvester division remains strong. We are diversifying into open-field logistics with the launch of the Terra Variant 435. 
Garden spraying and watering products are ready for the season, which is expected to start soon, with nice weather forecast in the second half of April. Outlook is favorable, thanks to growth in our product references, the development of new products, sales in line and the Russian market.
In the Industrial Spraying division, we are strengthening our ties with distribution channels by organizing information and training events ("Tech Days") and are pursuing our strategy to forge partnerships with integrators and robotics engineers. Outlook in Asia is particularly good, both in the automotive sector and in the other industries.

Our innovation strategy is being extended to include digital technologies. In March 2018, EXEL Industries acquired an equity stake in DKE-Data, a consortium of 11 agricultural machinery manufacturers that manages the data exchange platform agrirouter. Farmers use agrirouter to connect their farming machines and operating software. In addition to forging partnerships with Agtech start-ups, EXEL Industries is stepping up its efforts in relation to the development of digital agriculture."

Next events:
 - May 31, 2018: first half 2017-2018 results;
 - July 19, 2018: third quarter 2017-2018 sales.

EXEL Industries	2009-2010	2010-2011	2011-2012	2012-2013	2013-2014	2014-2015	2015-2016 13 months	2016-2017
Sales in €m	384.4	430.1	525.3	740.2	775.4	725.2	819.3	874.2

About EXEL Industries:

EXEL Industries' core business is agricultural (world leader) and industrial spraying. The Group also competes in the consumer watering products market and in sugar beet harvesters (world leader). EXEL Industries aims to continually expand its markets through a policy of constant innovation and an international growth strategy. EXEL Industries employs approximately 3,745 people spread over 29 countries and on five continents.