WashTec plans to pay a EUR 0.64 per share dividend

- Revenues 2013 with EUR 299,7m at prior year's level with an EBIT margin of 5.7%

- Significant earnings contribution from North America

- EPS increased to EUR 0,80 - balance structure improved again

- Outlook: slight increase in revenues as well as EBIT and EBIT margin (before special effects from efficiency program)

Augsburg, March 31, 2013 - WashTec AG - the leading supplier of innovative solutions for car wash worldwide - has met its 2013 guidance: WashTec's revenues were at EUR 299.7m (prior year: EUR 301.5m). Earnings before interest, tax, depreciation and amortization (EBITDA) were at EUR 17.1m (prior year: EUR 19.2m). Adjusted by foreign exchange effects, revenues were slightly above prior year at EUR 303.7m and EBIT with 6% was at the top of the range forecasted. The North America segment contributed to the group result with a significant positive result. Chemicals developed positively again.

Earnings per share, on the basis of an only slightly changed total number of shares of almost 14m, increased disproportionately to EUR 0.80 (prior year: EUR 0.72) due to making use of losses carried forward.

In 2013, free cash flow once more was on a high level (prior year: EUR 19.6m). Despite a payment of a dividend plus a special dividend in the total amount of EUR 8.1m, net financial debt (net bank debt plus long and short-term finance leasing) again was reduced significantly by EUR 5.4m to EUR 2.9m. Equity ratio further rose from 46.0% to 50.4%, while gearing fell from 0.3 to 0.1. Thereby, WashTec's balance sheet structure is very solid.

'The results of the fiscal year 2013 proof that WashTec is a company positioned solidly. We will build on the initiatives initiated last year to accelerate efficiency and growth and the additional efficiency program resolved by supervisory board and board of management. Thus, we are convinced that WashTec is well positioned to achieve an EBIT margin of 8% starting 2016' commented Dr. Jürgen Rautert, spokesman of the board of management of WashTec AG on occasion of today's press conference. For the fiscal year 2014 WashTec aims at a slight increase in revenues as well as EBIT and EBIT margin. The implementation of the efficiency program may lead to one-off costs of up to EUR 3.0m which may influence the results of 2014.

An outlook for 2014 is subject to uncertainties which may significantly take effect on the development of revenues and earnings forecasted. The main driver will be the further development of business in Core Europe and the extent to which growth opportunities in the other markets will be grasped.

The annual report for fiscal year 2013 and additional information about the Company can be found on its website: www.washtec.de

Information on WashTec:
The WashTec Group has its registered offices in Augsburg, Germany, and is the leading supplier of innovative solutions for the car wash business worldwide. WashTec has more than 1,600 employees and has its own subsidiaries in all key markets in Europe, North America as well as in China and Australia. WashTec also has a broad network of independent sales partners and is thereby represented in a total of roughly 60 countries.

Key figures:

1) Basis: 13,934,113 shares
2) Envisaged proposal to the annual general meeting
3) Net finance debt to EBIDTDA
4) Current trade receivables + inventories - current trade payables