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DGAP-News: Villeroy & Boch AG / Key word(s): Final Results Villeroy & Boch in the 2013 financial year

07.02.2014 / 11:30

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Press Release Mettlach, 7 February 2014

* Group result up 63 % year-on-year at Euro 24 million (previous year: Euro 15 million)

* Operating EBIT up 17 % to Euro 36 million, EBIT including real estate income amounts to Euro 43 million (+40 %)

* Consolidated revenue unchanged year-on-year at Euro 745 million

Consolidated revenue unchanged year-on-year - highest growth recorded in Germany

The Villeroy & Boch Group generated revenue of Euro 745 million in the 2013 financial year, in line with the figures it recorded in the previous year (+0.2 %). Revenue adjusted for currency effects increased by Euro 8 million or 1.3 %. The Group recorded its highest revenue growth in its domestic market of Germany, where revenue rose by Euro 10 million year-on-year to Euro 213 million. Elsewhere in Europe, the Group achieved notable revenue growth in Spain (+8 %) and Scandinavia (+3 %). The weakness of the construction industry led to lower revenue in the Netherlands (-7 %), France (-6 %) and Italy (-4 %) in particular. Outside Europe, business in the Asia/Pacific/Africa region developed positively (+5 %). The encouraging revenue performance in China (+4 %) was responsible for this to a large extent. In the Americas region, technical effects in connection with the change to the distribution model in the Bathroom and Wellness Division in particular meant that revenue declined by 13 %.

Operating result up 17 % on the previous year, group result increases by 63 % to Euro 24 million

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PRESS RELEASE: Villeroy & Boch in the 2013 financial year