Hydratec Industries N.V. — Earnings Release 2011

Mar 22, 2012

Press release

2011 Annual financials

Amersfoort, March 22nd 2012

Hydratec: Substantial increases in turnover and profits bring higher dividends.

The consolidated turnover of Hydratec Industries NV over 2011 increased by 53% to € 84.2 mio. The inclusion of the turnover (over September till December) of the newly acquired Lias Industries BV (Pas Reform Hatchery Technologies en Lan Handling Systems) added €23.9 mio. to the turnover. Without the added turnover the increase would have amounted to approx. 9%.

The EBIT was € 5.5 mio. (from € 3.1 mio over 2010). The newly acquired companies contributed € 2.1 mio.

Net Profit was € 4.2 mio. (vs. € 2.1 mio over 2010). Profit per share increased to € 2.97 (from € 1.49 over 2010) .

Roland Zoomers (CEO) over last year results:

During the first half both turnover and profits increased substantially, but during the summer the overall weakening economic situation caused a drop in orders at all our companies. Only in the last quarter we saw an end of this decline.

The acquisition of LIAS Industries was paid almost totally in cash. Not only have the earnings per share increased substantially, but we are now generating our turnover and profits from a global base. Pas Reform generates 90% of its turnover from emerging markets. so Hydratec is now less dependent on the West-European industrial developments."

Key figures	2011	vs.	2010
----------------	------	-----	------

	2011	2010
( in million euro's )
Net Turnover	84.2	55.1
Gross Margin	37.1	27.5
Earnings before Interest and Tax (EBIT)	5.5	3.1
Net Result	4.2	2.1
Net Result for shareholders	3.6	1.8
Net Earnings per Share (in euro's)	2.97	1.49

Dividend proposal

In the annual meeting, to be held on May 31st 2011, a dividend pay-out of € 1.20 per share (vs € 1.00 over 2010) will be proposed to the shareholders. This in line with the company policy to pay out annual dividends of 40% of net earnings.

Expectations for 2012

During last year all activities have contributed with positive results, despite very serious drops in demand caused by weak economic circumstances.

This year the LIAS company's results will fully contribute to our consolidated financials and that alone will result in a substantial increase in turnover.

However we believe it is still to early to express clear expectations about the expected results for this year.

Profile Hydratec Industries NV ( Hydratec)

Hydratec is an industrial holding company with companies engaged in the following sectors:

• 1. Design, development and production of Agri & Food Equipment by Pas Reform Hatchery Technologies (Zeddam, Holland) en LAN Handling Systems (Tilburg, Holland)
• 1. Design, development and production of Man Machine Interfaces (MMI) by Danielson Europe (Hardenberg, Holland and Ayelsbury, UK)
• 1. Design, development and production of plastics-parts and-packaging by Timmerije (Neede, Holland) and Euro Mouldings (Nijverdal, Holland)

Hydratec Industries is listed at NYSE Euronext Amsterdam NV (ISIN NL0009391242, ticker: HYDRA.)

Contact

Roland Zoomers CEO Hydratec Industries NV Tel: +31 33 469 73 25 Mob: +31 6 53 39 76 33 E-mail: rzoomers@hydratec.nl Web: www.hydratec.nl