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Softing AG: Q3 2016 Statement - Seite 4

property, plant, and equipment was insignificant and comprised only
replacements.

Research and Product Development
In the first three months of 2016, Softing capitalized a total of EUR 2.7
million (previous year: EUR 2.3 million) for the development of new
products and the enhancement of existing ones. Other significant amounts
were expensed.

Employees
As of September 30, 2016, the Softing Group had 430 employees (previous
year: 433). During the reporting period, no stock options were issued to
employees.

Outlook
For 2016 as a whole, Softing estimates that the European Group companies in
the Industrial and Automotive segments will see a moderate increase in
revenue, motivated for now by the behavior of individual customers rather
than the economy. Since the third quarter of 2016, we have seen a reversal
in the trend for the US Group companies due to the launch of new products
and delivery deadlines. Our specified revenue guidance for the full 2016
year is EUR 80-85 million. The EBIT forecast is in a range of EUR 7-8
million.


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Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange


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516707 02.11.2016