HEXPOL’s Annual Report for 2015 published

HEXPOL’s Annual Report for 2015 has today been published on our website www.hexpol.com.

In the “CEO comments”, Georg Brunstam, President and CEO, summarizes:

•  2015 was another good year for the HEXPOL Group. By far our best year so far! We continued to improve our market positions in all of our principal markets and we further improved our earnings. Our strategy of both organic expansion and acquired growth in our existing areas, combined with strong cash flow, is successful and stands firm.

•  Our strategy of organic growth and acquired growth (primarily in the Polymer Compounding area) is unchanged and during 2015 we have successfully integrated four acquired Rubber Compounding operations and also four Thermoplastic Compounding operations. Our recent acquisitions within Rubber Compounding (VIGAR with operations in Spain and Germany, Kardoes US and Portage Precision Polymers US) have all been quickly and wisely integrated into our present organisation. We have optimised our business by transferring customer volumes between our units and achieved better efficiency and service to our customers. Beginning of 2015 we acquired RheTech Thermoplastic Compounding, with four American units active in specialised Thermoplastic Compounding. RheTech is a relatively major North American player in fiber reinforced Polypropylene Compounds, with the automotive industry as its largest enduser segment. All of the acquisitions are businesses that are well-known in the market and we had been monitoring them for some time. Our opportunities for successful acquisitions are always increased by having a well-thought-out and proven integration plan and by always acquiring companies in known areas. Our strategy also includes growing organically, meaning by increasing our volumes and sales in all of our markets, and by finding new growth markets and growth areas. That’s why I am delighted to say that during 2015 we had positive growth in all main markets, including Europe, and in emerging markets such as China and Mexico. In Mexico, we also continued to invest in increased capacity. Our development was also favourable in HEXPOL TPE Compounding, thanks to marketing/sales efforts and capacity expansion.

In the Annual Report HEXPOL Group present, as previously, the work and results in the sustainability area.

For further information, please contact:

Karin Gunnarsson
CFO/IR
karin.gunnarsson@hexpol.com
+46 (0)705 55 47 32

HEXPOL is a world-leading polymers group with strong global positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gaskets), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily systems suppliers to the global automotive and engineering industry, the energy, oil and gas sector, medical equipment manufacturers and OEM manufacturers of plate heat exchangers and forklifts. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group’s sales in 2015 amounted to 11,229 MSEK. The HEXPOL Group has approximately 3,900 employees in eleven countries. Further information is available at www.hexpol.com.

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