Exyte continues strong growth in the first quarter of 2019

- Revenue in the year-over-year comparison increased again (+13% compared to Q1/2018)
- Increase in adjusted EBIT (+17% compared to Q1/2018)
- Advanced Technology Facilities (especially semiconductors) remains the strongest business segment
- Significant growth in the Asia-Pacific region and in Europe
- Exyte confirms outlook for the current fiscal year

Exyte AG ("Exyte"), a global leader in the planning, development, and construction of high-tech factories and facilities, achieved a revenue of €852 million in the first three months of 2019. This represents a growth of 13% compared to the same period last year. The company was able to surpass the already strong first quarter of the 2018 fiscal year.

The adjusted EBIT improved by 17% in the first three months of 2019 compared to the same period last year, reaching €42 million, which is disproportionately higher than the revenue. The margin for adjusted EBIT was increased to 4.9% (Q1 2018: 4.8%).

After order intake had increased by an average of 24% per year since 2015, it was expected to decline in the first three months of 2019 (Q1/2019: €1.2 billion), as a project with an exceptionally large volume was booked in Q1/2018. Exyte's order books remain well filled with an order backlog of €3.3 billion.

"We are very satisfied with the development in the first three months of the current fiscal year," says Exyte CEO Dr. Wolfgang Büchele. "Our growth once again underscores the potential within our company and that the company's repositioning towards the three strategic business segments Advanced Technology Facilities (ATF), Life Sciences & Chemicals (LSC), and Data Center (DTC), as well as the various strategic initiatives we have launched, are bearing fruit."

Advanced Technology Facilities remains the strongest business segment

The business segment Advanced Technology Facilities, which serves customers in the semiconductor industry, remains the company's strongest segment with a revenue of €722 million (+26% compared to Q1/2018). In this area, Exyte continues to benefit from global key trends such as digitization, Industry 4.0, and the ongoing population growth, just like in the LSC and DTC segments. These trends are driving further demand for Exyte's range of services.

Significant growth in the Asia-Pacific region and in Europe

In the first three months of the current fiscal year, the regions of Asia-Pacific (APAC) and Europe (EMEA) developed particularly well. In the APAC region, where Exyte holds a strong leading position in the semiconductor industry, revenue increased by nearly 10% (Q1/2019: €499 million). In EMEA, revenue even increased by 77% (Q1/2019: €262 million).

"That we are growing strongly in both Asia-Pacific and Europe underscores our global presence," comments Exyte CFO Wolfgang Homey. "We will continue to advance our ambitious growth plans in our strategic core markets and expand our market positions."

Full-year outlook confirmed

For the current fiscal year, Exyte confirms its outlook and expects revenues to be above the level of the previous year (2018: €3.5 billion), order intake to be slightly below the record level of the previous year (2018: €4.4 billion), and a moderate increase in adjusted EBIT (2018: €170 million).