18. Mar 2016

WashTec AG: WashTec share to be included in SDAX


DGAP-Media / 2016-03-18 / 13:30

WashTec share to be included in SDAX

The German stock exchange (Deutsche Börse) has decided to include the WashTec AG share (WSU) in the SDAX stock market index with effect from 21 March 2016. Thus WashTec ranks as one of the 50 companies listed in a separate index and following the MDAX based on market capitalisation and order book volume.

"We are proud of being included in the SDAX. 2015 was for us the most successful year in WashTec's history until now. The positive development of our operational performance has also lead to a higher attractiveness of our shares", states Dr. Volker Zimmermann, CEO of WashTec AG. WashTec's share price increase for the year 2015 was 132.8 %.

"Last year, we initiated a change process as the basis for a value-based further sustainable development of WashTec. Our corporate philosophy sets the guidelines: an organisation driven by customer benefit, being a specialist in the area of carwash as well as our aspiration to be the global innovation leader."

About WashTec:

WashTec Group with its registered office in Augsburg, Germany, is the leading provider of innovative car wash solutions worldwide. The company has nearly 1,700 employees and is represented with subsidiaries in the major markets of Core Europe, Eastern Europe, North America and Asia/Pacific. Moreover, WashTec has an extensive network of independent marketing partners by which it is present in about 70 countries worldwide.

Contact:

Karoline Kalb

Corporate Communications

WashTec AG

Argonstraße 7

86153 Augsburg

Tel: +49 (0) 821 - 55 84 - 0




Contact:
WashTec AG
Argonstrasse 7
86153 Augsburg

Tel.: +49 (0)821 - 55 84 - 0
Fax: +49 (0)821 - 55 84 - 1135


End of Media Release


Issuer: WashTec AG
Key word(s): Enterprise

2016-03-18 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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