SHW AG

EANS-News: SHW AG: dividend payment of EUR 1.00 per share

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Annual Reports


Aalen (euro adhoc) - Group  sales grow 24.2 percent in FY 2011 to EUR 360.6
million
- Net income for the year climbs 25.8 percent to EUR 17.0 million
- Sales up by 17.9 percent in first two months of 2012

Aalen, 27 March 2012. SHW AG, a leading  supplier  of  CO2-relevant  pumps  and
engine components as well as brake discs, today  published the Annual Report
with the final figures for the year 2011. Both Group sales and consolidated net
income for the year reached new record levels. The Pumps and Engine Components
business segment was the main driver. Group sales increased by 24.2 percent to
EUR 360.6 million in 2011. Net income for the year climbed from EUR 13.5 million
to EUR 17.0 million. Earnings per share amounted to EUR 2.93, compared to EUR
2.46  in the year 2010.

"Together with the Supervisory Board, we will therefore propose a dividend of
EUR 1.00 per share to the Annual General Meeting," said CEO Dr. Wolfgang 
Krause. This represents a dividend yield of 3.9 percent.

Sound financial profile continues to improve

"Reflecting the positive earnings performance, the financial profile of the SHW
Group continued to improve," said SHW CFO Oliver Albrecht.  The  equity ratio
climbed from 23.9 percent to 31.7  percent. At  30.2 percent, the return on
capital employed (ROCE) exceeded the industry average and the cost of capital.
Net liabilities to banks were reduced from EUR 13.4  million in 2010 to EUR 8.6
million at the end of 2011.

Above-average growth targeted also for 2012

As had been expected, the high level of incoming orders in  Q4 2011 translated
into good sales at the beginning of the year.  Group  sales  increased by 17.9
percent in the first two months of 2012 to EUR 65.0 million, with the Pumps  and
Engine Components business segment making a major contribution.

"It remains difficult to assess the impact  of  the  sovereign  debt  crisis  on
consumer behaviour in our two main markets, Europe and North America," said Dr.
Wolfgang Krause. "In view of the many production start-ups, we are confident,
however, that we will again outgrow the market in 2012."

"Against this background, we currently believe Group sales to reach between  EUR
365 million and EUR 390 million," said Oliver Albrecht. The guidance for the
full year will be put into more precise terms in the interim report for  the
first six months. The interim report for the first quarter of 2012 will be
published on 8 May 2012. The Annual General Meeting will be held in Heidenheim
on 15 May 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 60 million in sales 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: free trade: Düsseldorf, Stuttgart, regulated dealing/prime
             standard: Frankfurt 
language:   English
 



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