Softing AG — Earnings Release 2008

Aug 25, 2008

News Details

Corporate | 25 August 2008 08:00

Softing AG: Half-year earnings growth outpaces sales growth

Softing AG / Half Year Results

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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The issuer / publisher is solely responsible for the content of this announcement.

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Softing today announced that it is looking back at a highly successful
second quarter and an outstanding first half of the year. In the past six
months, Softing once again managed to significantly improve all of its key
figures. EPS, for instance, increased from 13 cents to 18 cents.

Bucking the general economic trend, Softing also lifted its incoming orders
by almost 14 percent to EUR 16.4 million. There was a further improvement
in sales as well: Worldwide sales climbed by 23% in the second quarter of
2008. Overall, sales increased by 18% to reach EUR 16.0 million in the
first six months of the year. Operating income in the first half year grew
by just under 19 percent to EUR 1.44 million (previous year: 1.18 million).

Dr. Wolfgang Trier, chairman of the Executive Board of Softing AG, said:
'Our figures are striking proof of the constancy with which Softing has
been able to increase its sales and earnings while continuing to invest
heavily in the development of future products and customer relationships.
This demonstrates the potential of both the company and its share.'

For the full year, Softing expects strong demand to continue, resulting in
sales of more than EUR 31 million and EPS growth of over 30% to at least
EUR 0.29.

The complete Quarterly Report 2/2008 can be downloaded in PDF format from
the investor relations section at www.softing.com.

About Softing:
Softing is a global provider of hardware and software for industrial
automation and automotive electronics. The company develops high-quality
standard technology products in close cooperation with its customers.

The Industrial Automation division has established itself as a specialist
provider of fieldbus technology and as a competent partner for the
networking of automation systems. Softing develops solutions for its
customers to connect and diagnose devices, controls and systems involved in
the exchange of data.

The powerful tools and solutions offered by its Automotive Electronics
division have made Softing a systems partner to automobile manufacturers as
well as systems and control unit suppliers. Softing specializes in vehicle
communication, diagnostics and test systems.
25.08.2008 Financial News transmitted by DGAP

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Language: English
Issuer: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Deutschland
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: InvestorRelations@softing.com
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

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