DGAP-News

STRATEC - Results for 1st Half of 2016 and new Financial Guidance - Seite 2

April 1 to June 30, 2016. Following a gradual start in the first quarter,
the second quarter brought a more notable increase in the systems
delivered, especially those established at STRATEC's partners. The call-up
figures in Asia reported in the first quarter by one customer have now
stabilized at the level seen in the first three months. Organic second-
quarter sales (excluding sales at acquired companies) grew year-on-year by
2.5% to EUR 36.3 million.

Six-month EBIT rose 5.3% to EUR 12.6 million. Due to the benefits of scale
taking effect once again in the second quarter, the Group achieved an
organic EBIT margin of 17.5%. The EBIT margin for the first half of 2016
came to 16.2%. The non-recurring items excluded for comparison include
transaction and integration expenses of EUR 1.2 million and write-downs of
EUR 1.5 million recognized upon the purchase price allocation for the
Diatron Group.

In addition, the second quarter of 2016 saw the recognition of non-
recurring items, amounting to EUR 1.4 million, arising from the near
complete external tax audit for the periods from 2009 to 2013. Excluding
this item, consolidated net income for the first half amounted to EUR 10.3
million and was a 5.1% increase on the previous year's equivalent figure.
As a result, earnings per share rose by 5.3% to EUR 0.87 (previous year:
EUR 0.83).

Following the distribution in June of EUR 8.9 million in dividends,
outflows of around EUR 97 million for two company acquisitions, and the
commencement of EUR 68 million in short-term loans, cash and cash
equivalents came to EUR 22.4 million at the reporting date on June 30,
2016.

The equity ratio of STRATEC AG amounted to 53.2% as of June 30, 2016. The
bridge financing taken up for the acquisitions is to be converted before
the end of the year into medium to long-term financing facilities.

Financial forecast
For the 2016 financial year as a whole, STRATEC expects its sales -
following the time-apportioned consolidation of Diatron and STRATEC
Consumables - to increase to between EUR 175 million and EUR 182 million,
with an EBIT margin (excluding acquisition and integration expenses) of
16.0% to 17.5%. In the 2017 financial year, the two companies acquired will
be consolidated in the STRATEC Group for the first time for a full
reporting period. Excluding further acquisitions, sales are expected to
rise to between EUR 205 million and EUR 220 million, with a slight increase
in the EBIT margin compared with 2016.

According to its most recent financial forecast, STRATEC expects its
average annual sales growth, excluding newly acquired companies, to amount