Recticel Results

1. COMBINED DATA

• Combined 3Q sales: from EUR 305.3 million to EUR 323.4 million; +5.9 %, including currency effects of +2.2%
• Combined year-to-date 9M sales: from EUR 943.0 million to EUR 990.8 million; +5.1%, including currency effects of +2.4%
• Net financial debt: EUR 123.1 million compared to EUR 193.2 million per 30 September 2014 and EUR 137.5 million per 30 June 2015

2. CONSOLIDATED DATA

• 3Q consolidated sales: from EUR 239.1 million to EUR 252.8 million (+6.6%), including currency effects (+2.8%)
• Year-to-date 9M consolidated sales: from EUR 733.1 million to EUR 771.9 million (+5.3%), including currency effects (+3.0%)
• Net financial debt: EUR 95.5 million (30 June 2015: EUR 112.2 million; 30 September 2014: EUR 167.2 million)

OUTLOOK

In the first nine months of 2015, Recticel experienced a more favorable business environment which, supported by successful market initiatives and despite growing uncertainty and volatile global economic context, will lead to combined sales growth for the full year 2015. Combined REBITDA for the full year 2015 is expected to increase by about 15%.