WashTec AG — Earnings Release 2018

Oct 26, 2018

Conference Call Q3 2018

October 26, 2018

HIGHLIGHTS

• Automechanika fair in Frankfurt
• Re-Financing completed
• Order intake & order backlog on a double-digit level above prior year level

Conference Call Q3 2018

Q1-3 PERFORMANCE

Q1-3 RESULTS BY PRODUCTS

in % Change abs. Q1-3 2018 Q1-3 2017 Rounding differences may occur Equipment & 268.1 268.8 (0.7) (0.3) Service Chemicals 1.2 33.5 34.7 3.6	in €m
Operations business and 10.0 10.2 (0.2) (2.0) others
Total 312.7 312.5 0.2 0.1

Q1-3 RESULTS BY REGIONS

Rounding differences may occur, without consolidation effects.

PROFIT AND LOSS STATEMENT

in €m	Q1-3 2018	Q1-3 2017
Revenue	312.7	312.5
Gross Margin	180.8 [57.8%]	180.0 [57.6%]
Personnel expenses	102.3 [32.7%]	97.7 [31.3%]
Other operating expenses *	43.7 [14.0%]	42.7 [13.7%]
EBITDA	40.6	44.9
Depreciation	7.4	7.3
EBIT	33.2 [10.6%]	37.6 [12.0%]
Financial result	(0.6)	(0.4)
EBT	32.7	37.2
Tax expenses	11.3	11.0
Net income	21.3	26.2
EPS	1.59	1.96

* including taxes

SOLID BALANCE SHEET STRUCTURE

in €m	Sep 30, 2018	Dec 31, 2017
Balance Sheet Total	253.8	233.9
Goodwill	42.3	42.3
Equity	82.5	94.2
Net Financial Debt	40.2	7.1
Net Operating Working Capital	101.9	86.7
Cash Outflow from investing activities	3.7	7.7
Free Cash Flow	2.2	11.0
ROCE (in %)	26.1	32.3

THE SHARE

in %

SHARE PERFORMANCE

Trade Volume (Xetra)
	September
Period	2018	2017	2016
pcs (Jan-Sep)	3,770,971	3,359,808	2,358,728
in T€	12,177.6	21,233.6	7,104.3
T€ per day in average

• Fidelity Investment Trust exceeding the 3% threshold
• Absolute record €83.30
• Equity Forum, Frankfurt November 26-27, 2018

OUTLOOK FY 2018

	Annual report 2017	Q1 2018	H1 2018	Q3 2018
Revenue	~ 3% growth	~ 3% growth	~ 3% growth	Up to 3% growth
EBIT	> 5%	> 5%	> 5%	Stable
FCF	Improved	Improved	Improved	Improved
Regions	EU Slightly increase in revenue and substantial increase in earnings	EU Slightly increase in revenue and substantial increase in earnings	EU Substantial increase in revenue and earnings	EU Substantial increase in revenue and earnings
	NA Revenue and earnings stable	NA Revenue and earnings stable	NA Revenue and earnings stable	NA Slight decrease in revenue and significant decrease in earnings
	APAC Substantial increase in revenue and earnings	APAC Substantial increase in revenue and earnings	APAC Substantial increase in revenue and stable earnings	APAC Substantial increase in revenue and earnings balanced level

FINANCIAL CALENDAR

October 26, 2018	Q3 Report
November 26-27, 2018	Equity Forum, Frankfurt
March 20, 2019	Publication of Annual Report
April 29, 2019	General Annual Meeting, Augsburg
April 29, 2019	Q1 Report

BACKUP: THE SHAREHOLDERS

Source: Notifications pursuant to WpHG

1) Fidelity Management & Research Company 2) Carne Global Fund Managers (Luxembourg) S.A. 3) Leifina GmbH & Co. KG et al.

DISCLAIMER

No offer:

This document does not constitute or form part of an offer for sale or subscription or an invitation or solicitation of an offer to subscribe for or purchase any securities and neither this document nor anything contained herein shall form the basis of any contract or commitment whatsoever. Neither this document nor any copy of it may be taken or transmitted into the united states or provided or transmitted to any U.S. person (within the meaning of regulations under the U.S. Securities Act of 1933, as amended).

Confidentiality:

This document is strictly confidential to the recipient, is being supplied to you solely for your information, may not be distributed to the press or other media (including information vendors and wire services) and may not be reproduced in any form or redistributed or passed on, directly or indirectly, to any other person or published, in whole or in part, for any purpose.

Cautionary Note Regarding Forward-Looking Statements:

This document refers to statements relating expressly and implicitly to the future. Such forward-looking statements are based on current expectations, estimates, forecasts and prognoses concerning the development of the market as well as management estimates and assumptions. Such forward-looking statements are no guarantee that events or results will actually materialise in the future and are subject to risks, uncertainties, assumptions and other factors that could lead to actual events or results deviating substantially from those anticipated in these forward-looking statements. The company assumes no obligation to update any forward-looking information.