SHW AG

EANS-News: SHW AG
Continuing strong growth for SHW AG


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Financial Figures/Balance Sheet/Revenues and orders


Aalen (euro adhoc) - With revenues up by 24 percent, fiscal year 2011  even 
exceeds  the  good previous year (+ 23 percent)

- Group revenues climb to roughly EUR 360 million for the January and December
period 2011

- High order intake supports good start into the financial year 2012

Aalen, Germany, 11 January 2012. Following a strong performance in the fourth
quarter 2011, SHW AG, a leading supplier of CO2-relevant pumps and engine
components as well as brake discs, achieved a new record high in terms of
sales. According to preliminary figures, Group revenues rose by 24 percent to
roughly EUR 360 million (previous year: EUR 290 million). Therewith SHW could
boost its revenues by more than a half in the past two years. This increase is
attributable to a large number of production start-ups and the sales growth
achieved by the company´s customers.

"The fourth quarter of 2011 saw very dynamic growth in incoming orders as well.
With this tailwind we can make a good start into the first quarter of 2012,"
said Dr. Wolfgang Krause, CEO of SHW AG. "We are well positioned for the
future, as our products essentially contribute to the necessary reduction of
CO2 emissions of motor vehicles".

Detailed information on the fiscal year 2011 will be published on 27 March
2012.

About SHW
The enterprise was established in 1365, making it one of the  oldest  industrial
enterprises in Germany. Today, the SHW Group  is  a  leading  supplier  for  the
automotive industry with  products  that  contribute  to  a  reduction  of  fuel
consumption and consequently CO2 emissions. In its Pumps and  Engine  Components
business segment, the SHW  Group  develops  and  produces  pumps  for  passenger
vehicles  and  truck  and  off-highway  applications,  e.g.  trucks,  farm   and
construction vehicles, stationary motors and  wind  power  stations.  The  Brake
Discs business segment develops and produces  monobloc  ventilated  brake  discs
made of cast iron and lightweight brake discs made  from  a  combination  of  an
iron friction ring and an aluminium pot. Customers  of  the  SHW  Group  include
leading producers of passenger cars and commercial vehicles  with  manufacturing
facilities in Europe and North America. The SHW  Group  has  four  manufacturing
sites in Germany, located in Bad Schussenried, Aalen-Wasseralfingen, Tuttlingen-
Ludwigstal and Neuhausen ob Eck. Via its 50 percent  interest  in  the  Canadian
company STT Technologies Inc., the company also has production sites  in  Canada
and Mexico. With more than 1,000 employees, the SHW Group  generated  approx. 
EUR 360  million  in  revenues  in  2011.  Further  information  is  available 
at: www.shw.de

Future-oriented statements
This press release contains certain future-oriented statements  that  are  based
upon current assumptions and  forecasts  made  by  the  management  of  SHW  AG.
Various known and unknown risks, uncertainties and other  factors  may  lead  to
the actual results,  financial  position,  development  or  performance  of  the
company deviating considerably from the appraisals specified here.  The  company
assumes no obligation to update future-oriented statements  of  this  nature  or
adapt them to future events or developments.

Note
This announcement does not constitute an offer to sell securities in the  United
States  of  America,  Canada,  Australia,  Japan  or  any  other  jurisdictional
territory where offers are subject to  statutory  restrictions.  The  securities
named in this announcement may only be sold or offered for sale  in  the  United
States of America following their prior  registration  in  accordance  with  the
provisions of the version of the US Securities Act of 1933  currently  in  force
(the "Securities Act") or, without prior registration, only on the basis  of  an
exemption. Unless provided for by certain exceptions within the Securities  Act,
the securities named within this announcement may not be  sold  or  offered  for
sale in Australia, Canada or Japan, nor may they be sold or offered for sale  to
or for account of residents of Australia, Canada or Japan.  No  registration  of
the offer or sale of the securities named in this announcement will take  place,
as stipulated by the relevant statutory  provisions  in  Canada,  Australia  and
Japan. There is no public solicitation to buy securities in  the  United  States
of America.


Further inquiry note:
Michael Schickling
Head of Investor Relations & Corporate Communications
SHW AG
Telephone: +49 (0) 7361 502 462
Email: michael.schickling@shw.de

end of announcement                               euro adhoc 
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company:     SHW AG
             Wilhelmstrasse 67
             D-73433 Aalen
phone:       +49 7361 502-1
FAX:         +49 7361 502-674
mail:     ir@shw.de
WWW:      http://www.shw.de
sector:      Automotive Equipment
ISIN:        DE000A1JBPV9
indexes:     
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Stuttgart,
             Düsseldorf 
language:   English
 

 

 



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