JENSEN-GROUP N.V.

Earnings Release • Nov 14, 2017

Under Embargo until 14/11/2017 17.40 CET Regulated information

Press Release Trading update 3th quarter 2017

Year-to-date revenues amount to 252.0 MEUR versus 238.9 MEUR in 2016, 5.5% above the comparable number for the same period in 2016.

Revenue during Q3 was 78.5 million euro, 5.3% higher compared to the same period in 2016.

The order backlog at the end of September 2017 was 14.8% higher than at the end of September 2016. Excluding orders that will not be delivered in 2018 and considering the finished goods and work in progress, production backlog is 17.1% higher than as at September 2016.

Based on the above, the JENSEN-GROUP expects 2017 revenue to be higher than last year. The most important risk factors remain rapid changes in demand, availability of financing to our customers, high exchange rate volatility and fluctuating raw material, energy and transport prices.

Other activities

On February 1, 2017 JENSEN-GROUP decided to acquire one of its major German suppliers. This backward integration improves our ability to control the quality of the product and to react faster to market conditions. As this transaction represents only a change from third party supplier to internal supplier, it does not have a material impact on the Company's consolidated figures.

On May 11, 2017, the JENSEN-GROUP increased its shareholding in TOLON GLOBAL MAKINA Sanyi Ve Tikaret Sirketi A.S., Turkey, by 6.33% to 36.33%. The JENSEN-GROUP has the option to acquire up to 49% of the shares within a period of three years.

Financial information

	In MEUR	2017	2016
Revenue stand-alone Q1		82.5	79.9
Revenue stand-alone Q2		91.0	84.5
Revenue stand-alone Q3		78.5	74.4
Year-to-date revenue		252.0	238.9

Financial calendar

March 1, 2018: Full year results 2017 (Analysts' meeting)

May 14, 2018: Q1 trading update

May 15, 2018: 10 a.m. Annual Shareholders' Meeting

Profile

The JENSEN-GROUP assists heavy-duty laundries worldwide to provide quality textile services economically. We have become a preferred supplier in the laundry industry by leveraging our broad laundry expertise to design and supply sustainable single machines, systems and integrated solutions. We are continuously growing by extending our offer and by developing environmental friendly and innovative products and services that address specific customer needs. Our success results from combining our global skills with our local presence. The JENSEN-GROUP has operations in 24 countries and has distribution in more than 40 countries. Worldwide, JENSEN-GROUP employs about 1,650 employees.

This press release is also available on the corporate website www.jensengroup.com.

(End of press release) For more information, please contact: JENSEN-GROUP: Jesper Munch Jensen, Chief Executive Officer Markus Schalch, Chief Financial Officer Scarlet Janssens, Investor Relations Manager Tel. +32.9.333.83.30 E-mail: investor@jensen-group.com