EDAG Engineering Group AG

DGAP-News: EDAG Engineering Group AG: Preliminary annual results 2015 (news with additional features)


DGAP-News: EDAG Engineering Group AG / Key word(s): Preliminary Results
EDAG Engineering Group AG: Preliminary annual results 2015 (news with additional
features)

17.03.2016 / 08:48
The issuer is solely responsible for the content of this announcement.

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Double- digit growth in sales and operating income in fiscal year 2015 (group)
Arbon, 17 March 2016:Due to high demand for engineering services in 2015, EDAG -
group managed, on the basis of preliminary figures, to increase sales
significantly by 13.7% to 722 million Euro (previous year: 635 million Euro).
All segments contributed to this increase, with EE (Electrics/Electronics)
growing particularly strong.

The company increased the preliminary operating income (EBIT adjusted for PPA
and other special items) by 37% to 72.9 million Euro, again clearly higher than
2014 (53.2 million Euro). The operative margin amounted to approximately 10% and
is higher than during the previous year (8.4%).

The preliminary net income of 36.3 million Euro was lower than in 2014 (59.9
million Euro), because 2014 was considerably influenced by proceeds from sales
of property and businesses.

The board of directors plans to recommend a dividend payment of 0.75 Euro per
share at the general shareholder meeting on May 31, 2016.

The current order situation in the Engineering Service Provider - market (ESP)
indicates a further growing sales volume. At the beginning of the year 2016,
demand for ESP was still cautious, so that the company expects an increase in
sales in a range of 7- 10%, similar to market expectations of the competition.
In spite of intensified competition, the company still expects a moderate growth
of the adjusted EBIT for the year 2016 in comparison to 2015.

The final numbers and the annual report of the company and the group for the
fiscal year 2015 will be published in a press conference on 20 April, 2015.

About EDAG

EDAG is an independent engineering service provider working for the global
automotive industry with customers in the automotive industry at 57 locations
worldwide. EDAG offers engineering services in the segments vehicle engineering,
electrics/electronics and production solutions. Its competence comprises design,
product development and prototype construction as well as turn-key production
systems. As a technological and innovative leader, the company operates
competence centers for seminal future technologies for the automotive industry:
lightweight design, electro - mobility, car IT and new production technologies.
On 31 December 2015, EDAG employed more than 8100 people in 19 countries.

Disclaimer

This document contains statements related to our future business and financial
performance and future events or developments involving EDAG that may constitute
forward-looking statements. These statements may be identified by words such as
"expect", "look forward to," "anticipate" "intend," "plan," "believe," "seek,"
"estimate," "will," "project" or words of similar meaning. We may also make
forward-looking statements in other reports, in presentations, in material
delivered to shareholders or in press releases. In addition, our representatives
may from time to time make oral forward-looking statements. Such statements are
based on the current expectations and certain assumptions of EDAG's management,
of which many are beyond EDAG's control. These are subject to a number of risks,
uncertainties and factors, including, but not limited to those described in
disclosures, in particular in the chapter "Risks" in the Annual Report. Should
one or more of these risks or uncertainties materialize, or should underlying
expectations not occur or assumptions prove incorrect, actual results,
performance or achievements of EDAG may (negatively or positively) vary
materially from those described explicitly or implicitly in the relevant
forward-looking statement. EDAG neither intends, nor assumes any obligation, to
update or revise these forward-looking statements in light of developments which
differ from those anticipated.

EDAG Engineering Group AG
Jürgen Vogt
CFO / Investor Relations
Schlossgasse 2
CH-9320 Arbon

Phone:+41 (0) 71 544 3303
Email: juergen.vogt@edag-group.ag
www.edag-group.ag


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Additional features:

Document:http://n.eqs.com/c/fncls.ssp?u=KRVQQPCOTA
Document title: EDAG Group AG Press Release 2016-1

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17.03.2016  Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English

Company:  EDAG Engineering Group AG

          Schlossgasse 2

          9320  Arbon

          Switzerland

Phone:    +41 71 54433-0

E-mail:ir@edag-group.ag

Internet: www.edag.com

ISIN:     CH0303692047

WKN:      A143NB

Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial
Market in Berlin, Dusseldorf, Munich, Stuttgart


End of News DGAP News Service
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