HEXPOL’s Annual Report for 2014 published

HEXPOL’s Annual Report for 2014 has today been published on our website www.hexpol.com.

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

• 2014 was another good year for the HEXPOL Group. 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 growth primarily in the Polymer Compounding area is unchanged and, in 2014, we acquired four Rubber Compounding operations and signed agreement concerning the acquisition of an additional four Thermoplastic Compounding operations. The acquisition of the well-known US Rubber Compounder, Kardoes Rubber, was made in August 2014 and strengthens our position in South Eastern USA. In November, we acquired the similarly well-known European Rubber Compounder, VIGAR Rubber Compounding, with operations in Spain and Germany. Vigar Rubber Compounding gives us a foothold in the Spanish market for the first time and strengthens our position in the major German market. In early December we acquired another well-reputed US Rubber Compounder – Portage Precision Polymers – an acquisition that enhances our position in North Eastern USA. Just before Christmas, we signed an agreement to acquire RheTech Thermoplastic Compounding, with four American units active in specialised Thermoplastic Compounding, marking our first step into Thermoplastic Compounding. RheTech is a relatively major player in fibre-strengthened Polypropylene Compounds, with the automotive industry as its largest end-user segment. The acquisition was subsequently finalised in January 2015. All of the acquisitions are businesses that are well-known in the market (and by us) and we had been monitoring them for some time. Our opportunities for successful acquisitions are increased by having a well-thought-out and proven integration plan and by always acquiring companies in known areas.

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

The Annual Report can be downloaded from HEXPOL´s website, www.hexpol.com. The website also provides information on giving notice of intention to attend HEXPOL’s AGM on May 4. Printed copies of the annual report can be ordered via HEXPOL’s communication department at info@hexpol.com.

For further information please contact:

Karin Gunnarsson, CFO/IR
Tel: +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 (Gasket), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily system 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 Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group’s sales in 2014 amounted to 8,919 MSEK. The HEXPOL Group has approximately 3,900 employees in eleven countries. Further information is available at www.hexpol.com.

This press release consists of such information that HEXPOL AB (publ) may be obliged to disclose in accordance with the Swedish Securities Market Act and /or the Financial Instruments Trading Act. The information was submitted for publication on April 10, 2015.

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