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Ulm, 09.05.2017 - General Meeting decides on record dividend once again

 "Our shareholders profiting from the positive business development of Uzin Utz AG corresponds with the basic understanding of our corporate culture", the CEO of Uzin Utz AG, Thomas Müllerschön, emphasised. The sales revenues increased by 7.8 per cent from EUR 253.2 million to EUR 272.9 million in 2016. The results of the ordinary business activities increased above average by 31.3% from EUR 18.9 million to EUR 24.9 million. The return on sales climbed from 7.5 per cent to 9.1 per cent. "We have set ourselves targets and have exceeded our targets", said Thomas Müllerschön. 

Uzin Utz will also continue its path of success in the current fiscal year. The company therefore increased its revenue in the first quarter by 12.1 per cent compared to the same period of the previous year. The focus regions of Germany, France, Benelux, UK, Scandinavia, Switzerland and the USA remained the main driver of growth. The earnings before tax are 6.2 million Euro and with a plus of 32.9 per cent are also substantially higher than the previous year.

It was possible to further expand the market shares in all markets. "The economic situation regarding the construction sector in Europe and the USA - in conjunction with the continuing low interest phase - gives us an additional boost and justified confidence that we will be able to follow on from our previous successes in this year", Thomas Müllerschön said.

The success of the company in 2016 is also reflected in the development of the share price. In 2016 the Uzin Utz share developed very well once again: The share price rose from EUR 35.70 to EUR 59.61 in the peak in the stock exchange year 2016 and closed at EUR 54 at the end of the year, which corresponds with an annual growth of 34.16%.  For comparison: The German share index DAX merely rose by 7 per cent in 2016.  "The price development of the Uzin Utz share underpins the very good strategic organisation and operative performance of our company", Thomas Müllerschön said. The satisfaction of the shareholders is also proven by the voting results: All items on the agenda were passed with an overwhelming majority.

In the meantime the Uzin Utz Group is represented in 49 countries all over the world, of which in 20 countries with production and distribution companies. In addition to Germany the other European markets form the focus of the business activities. Therefore, in addition to Germany the Uzin Utz Group is also the market leader in the Netherlands. The group further operates in Northern America, Asia and Oceania.

An overview of the most important voting results:

Dividend per share: EUR 1.30

Distribution amount: EUR 6,557,615

Discharge of the Management Board: 100%

Discharge of the Supervisory Board: 99,99%

About Uzin Utz AG

The Uzin Utz group, Ulm, with around 1,100 employees and a company turnover of EUR 272.9 million (2016) is a leader in the development and manufacture of products and machines for laying flooring. Construction chemical product systems for laying flooring of all types, through to surface treatments, and machines for laying floors are almost all developed and manufactured by the companies of the concern and sold worldwide under the internationally successful brands Uzin, Wolff, Pallmann, Arturo, codex and RZ. As system partners to builders, planners, architects and property owners, Uzin Utz has been providing professional support to end-customers and processors in all sectors of the flooring industry for 100 years. www.uzin-utz.de

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