GERMANY - On 28 June 2018 during the Annual General Meeting in Munich, Surteco SE presented its new Growth Strategy 2025+ to the shareholders attending.

Surteco’s growth strategy is based on three central pillars: a stronger focus on customer needs as a result of improved positioning in the market and with respect to competition, significant intensification of research and development for new products, and ongoing external growth.

The organizational structure of the Group will also be streamlined in this connection and this will make it more flexible and more efficient. As a result, Surteco is likely to achieve a sustainable and significant increase in business volume. This will exert positive impacts on corporate value.

After a good start to the business year 2018, the company continues to expect sales revenues of €725 to 750 million and earnings (EBIT) of €49 to 53 million for the full year, but challenges have been increasing for some weeks now. For example, the growth forecasts for Germany were reduced, which may also affect the sectors relevant to Surteco. It can no longer be ruled out that political tensions will have negative impacts on global trade.