EANS-Adhoc: Westag & Getalit AG / Cost-cuttings make themselves felt in Q3 2009

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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quarterly report

29.10.2009

As a result of the slump in European construction activity and the
marked 16.5% decline in incoming orders in the German building
construction sector (source: Federal Statistical Office, January to
August 2009), Westag & Getalit AG reported a decline in sales. At EUR
150.1 million, sales in the first nine months of 2009 were down by
14.0% on the previous year´s EUR 174.6 million. Exports suffered
especially from the difficult market environment. Export sales
dropped by 33.5% to EUR 29.2 million (2008: EUR 44.0 million). The
export share for the first nine months of the current fiscal year
stood at 19.5%.

Earnings before income tax amounted to EUR 8.8 million (2008: EUR
11.8 million) in the first nine months of 2009. The decline is mainly
attributable to the much lower sales revenues. Many of the
cost-cutting measures implemented by the company made themselves felt
especially in the last quarter, partly offsetting the negative
effects of the drop in sales. Earnings per share amounted to EUR 1.08
EUR (2008: EUR 1.44).

In spite of initial positive signals, we expect economic activity to
remain weak both in Germany and abroad. Thanks to a large number of
measures taken, whose positive effect will also be felt in the fourth
quarter, we are confident, however, that we will close the crisis
year 2009 with a good result. Once the markets recover, we will be
able to return to growth thanks to our broad product range, our
state-of-the-art production facilities and our motivated workforce.

Ende der Mitteilung euro adhoc
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ots Originaltext: Westag & Getalit AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Felix Huisgen

Tel.: +49 (0)5242 17 5350

E-Mail: huisgen@westag-getalit.de

Branche: Building materials
ISIN: DE0007775207
WKN: 777520
Index: Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / regulated dealing