EANS-Adhoc: Westag & Getalit AG / Sales revenues pick up markedly in Q1 2011; Earnings rise in spite of strong increase 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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29.04.2011

In the context of the continued recovery in German construction
activity, Westag & Getalit AG achieved a marked increase in sales
revenues. In the first quarter of 2011, sales revenues climbed 10.9%
to EUR 55.7 million (2009: EUR 50.2 million). It should be noted that
the prior year quarter suffered from the harsh winter. Thanks to the
pick-up in export activity, international sales increased at a
clearly disproportionate rate of 32.4% to EUR 12.9 million (2009: EUR
9.8 million). The export share rose sharply to 23.2 % (2009: 19.4%).

Earnings before income taxes rose by 10.1% to EUR 2.3 million (2009:
EUR 2.1 million), mainly due to the higher sales revenues. While the
sharp rise in commodity prices had an adverse impact on the bottom
line, the first delayed price increases for our products had a
positive effect. Overall, this allowed earnings to increase more or
less proportionately with sales revenues. Net profit per share stands
at EUR 0.28 (2009: EUR 0.25).

From today´s point of view, we expect the recovery in German
construction activity to continue. Outside Germany, the situation
will differ from country to country. There are signs of improvement
at least in some of our relevant markets, primarily in Eastern
Europe. At this stage, we therefore expect full-year sales to be up
on the previous year.

Earnings are more difficult to forecast. The question whether the
positive earnings trend of the first quarter will continue depends on
the future trend in commodity prices and on the success of our
efforts to cushion the effect of rising commodity prices by
increasing our own sales prices with as little delay as possible.
Against the background of our strengths in terms of product range,
selling power, employees and cost consciousness, we are nevertheless
confident that we will again achieve good results in the current
fiscal 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