WP AG: WP AG Financial report first half year 2015

Munderfing (pta007/24.08.2015/09:40 UTC+2) WP AG - first half year 2015
Munderfing, 17th August 2015

The WP group improves revenue and profits in the first two quarters of 2015
-17 % growth in revenue
-EBIT margin improved substantially in the second quarter and overall increased 3 % compared with last year
-New product introductions reduced the EBIT margin in the first half year

Operating figures		1. HJ 2015	1. HJ 2014	Change in %
Revenue	in kEur	70,420	60,233	17%
Earnings before interest and taxes(EBIT)	in kEur	4,692	4,576	3%
Earnings before taxes (EBT)	in kEur	4,221	3,938	7%
Earnings from continued operations	in kEur	3,698	4,241	-13%
EBIT margin	in %	6.7%	7.6%
Employees as of 30th June		535	497	8%

In the first six months of 2015 WP generated revenue of 70,4 mill. Eur. All product segments improved their performance in that time period.

In May 2015 the WP Airfork was launched, being the second new product introduction in this business year. As a result the operating margin in the chassis component segment was lowered by launching costs. A strong second quarter improved the EBIT margin by 3 % compared to the previous year.

A good financial result improved the earnings before taxes by 7 % to 4,2 mill. Eur. Lower interest rates and the development of the exchange rate were beneficial.

Prospects
CEO Hannes Haunschmid: "In the first two quarters we released a lot of new products on to the market. This technological offensive will make sure WP remains competitive in the future and underlines our claim to leadership in the development of motorcycle chassis. For the business year as a whole we anticipate good earnings because of the strong turnover increase."

For more information:
Investor Relations
Michaela Friepeß

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