EANS-Adhoc: Westag & Getalit AG / All three Divisions report growing sales; Earnings growth affected by sharp rise in commodity prices

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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

27.10.2010

Following a difficult start to the year, which reflected the
prevailing weather conditions, Westag & Getalit AG recorded a gradual
increase in sales revenues. At the nine-month stage, sales amounted
to EUR 161.2 million, up by a gratifying 7.4% on the previous year´s
EUR 150.1 million. All Divisions reported growing sales. Export
revenues increased at a slightly disproportionate rate of 10.2% to
EUR 32.2 million in spite of difficult market conditions in European
markets outside Germany. The export share stood at 20.0% at the nine
month stage (previous year: 19.5%).

At EUR 9.2 million, earnings before income tax were up by 4.6% on the
same period of the previous year (EUR 8.8 million). The increased
sales revenues had a positive impact. However, earnings were
adversely affected by much higher commodity prices, especially in the
third quarter. The prices of oil-based chemicals and wood materials
increased particularly strongly. Net profit per share amounted to EUR
1.13 (previous year: EUR 1.08).

Sentiment in the German economy improved again in the third quarter
of 2010. In the meantime, an upswing is expected by many. But the
positive trend is largely confined to the German market, whereas many
neighbouring European countries are still clearly feeling the crisis.
In view of the good performance in the past months, we are confident
that our company will report increased sales also for the full year.
In Germany, both the pick-up in public spending in the context of the
2nd economic stimulus package and growing demand in the private
sector are making themselves felt. In spite of moderate conditions in
many markets, we are growing in the export sector thanks to selected
activities in some foreign markets. Earnings growth is more
difficult, though. The purchase prices of raw materials have risen
continuously since the beginning of the year and no definite end to
this trend is in sight. The necessary price increases on our part can
be imposed only with a certain delay. In view of our strong market
position, our broad product portfolio and our cost structure, we
nevertheless assume that we will be able to again report a good
result for the full year.

end of announcement 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