Publication of the annual report and outlook for the fiscal year 2016

- EBIT nearly doubled to EUR 36,4m with an EBIT-margin of 10.7%

- Group revenue increased by 12.7% to EUR 340.9m

- Inclusion in SDAX per March 2016

- WashTec plans dividend of EUR 1.70 per share - of which over 50% coming from capital contribution account and therefore partly tax free for majority of shareholders

- Goal 2016: 3-5 % revenue increase and still a double-digit EBIT-margin

Augsburg, March 31, 2016 - As published at the beginning of February WashTec AG is looking back at a very successful year 2015:
With revenues of EUR 340.9m (prior year EUR 302.6m) WashTec reached an EBITDA (Earnings before interest, tax, depreciation and amortization) of EUR 46.1m (prior year: EUR 28.6m). Earnings before interest and tax (EBIT) were EUR 36.4m (prior year: EUR 18.4m). This equals an EBIT margin of 10.7%. All segments were able to improve their revenues and operating income. The number of employees increased to 1,689 as of the end of December 2015 (prior year: 1,664 employees).

Earnings per share increased significantly to EUR 1.78 (prior year: 0.91 EUR), while the average number of shares reduced from 13.9m to 13.8m due to the share buyback program.

Free cashflow increased to EUR 26.2m (prior year: EUR 25.1m) in 2015. Net financial debt (net bank debt plus long- and short-term finance leasing) was at EUR 1.9m as of December 2015 primarily due to the payment of a dividend, special dividend and the share buyback program totaling EUR 35.7m (prior year: net financial liquidity of EUR 9.8m). The equity ratio - as expected - reduced to 42.2% (prior year: 48.9%) due to the above described measures. Thus WashTec still has a very solid balance sheet structure.

"We started a change process last year which includes the company as a whole. This contributed to the most successful fiscal year of WashTec so far", so Dr. Volker Zimmermann, CEO of WashTec AG, at todays' annual press conference. "We are continuously working on a further value-oriented and sustainable development."

Positive outlook for the fiscal year 2016

The order backlog of WashTec in the biggest segment Core Europe was at the high prior year level and above prior year in all other segments as of December. For 2016 WashTec aims at a three to five percent increase in revenues with a still double-digit EBIT margin. The already announced investments into sales organization, infrastructure and employee and leadership development will take place in 2016 and lead to higher costs.

"These investments build the base for further sustainable growth of WashTec", Dr. Volker Zimmermann, CEO of WashTec AG.

Any outlook is subject to uncertainties, which may significantly influence the development of revenues and earnings forecasted. The critical main driver will be the investment behavior of some key accounts.

The annual report for fiscal year 2015, invitation to the annual shareholders meeting and additional information about the company can be found on its website: www.washtec.de

Information on WashTec:

The WashTec Group has its registered office in Augsburg, Germany, and is the leading supplier of innovative solutions for the car wash business worldwide. WashTec has nearly 1,700 employees and has its own subsidiaries in all key markets in Europe, North America as well as China and Australia. WashTec also has a broad network of independent sales partners and is thereby represented in roughly 70 countries.

Key figures:

1) Basis: on average 13,766,278 shares in 2015; 13,932,213 shares in 2014
2) Proposal to the annual general meeting
3) Cash and cash equivalents minus long- and short-term financial liabilities
4) Net financial debt/ EBITDA
5) Current trade receivables plus inventories minus current trade payables

Contact:
WashTec AG
Corporate Communications
Karoline Kalb
Argonstraße 7
86153 Augsburg
Tel.: +49 (0)821 - 55 84 - 1136