Press Release: Results after 9 months / Q3 2017: Feintool continues growing in Q3

Feintool International Holding AG / Results after 9 months / Q3 2017:

Feintool continues growing in Q3. Processed and transmitted by Nasdaq

Corporate Solutions. The issuer is solely responsible for the content of

this announcement.

Feintool again confirmed the positive development this year in the third

quarter. In the first nine months of financial year 2017, Feintool

increased its sales by 8.0% (in local currency by 8.1%) to CHF 450.2

million compared to the previous year. The high-volume parts segment

increased its net sales by 10.4%. Sales in the investment goods segment

declined by 5.2%, but recently showed a clear upward trend.

Increased sales in Q3

In the third quarter of 2017, Feintool Group sales were up 10.8%

compared to the same period last year (in local currency +9.5%).

The System Parts segment, which is active in high-volume parts

production, increased its quarterly sales by 11.4% (in local currency

+9.9%) to CHF 135.3 million. Despite some manufacturers reducing

production owing to company holidays, the global automotive market

remained robust during the summer months. Feintool benefited once again

from this overall favorable environment, whereby the growth was mainly

driven by the European locations.

Sales in the investment goods segment, the Fineblanking Technology

segment, rose significantly in the third quarter, reaching CHF 26.2

million, an increase of 17.2% (in local currency +17.4%) over the

previous year.

Encouraging order intake in the capital goods segment

The order intake of the Fineblanking Technology segment recovered

significantly after a weaker first half-year, and is 18.3% higher than

the prior-year period after the first nine months. The order backlog

also recorded an increase of 16.6%.

Expected releases in the high-volume parts business remain encouraging

Feintool's customers in the System Parts segment are planning releases

amounting to CHF 260.2 million in the coming six months. This figure is

16.6% higher than in the previous year.

Optimistic outlook

For 2017 as a whole, Feintool expects to continue its positive business

development despite a market environment characterized by political

uncertainties. A total of CHF 580 million to CHF 600 million in sales

and an EBIT margin of around 7.6% are expected.

Feintool in brief

Feintool is an internationally active technology and market leader in

the field of fineblanking This technology is distinguished by

cost-effectiveness, quality and productivity.

As an innovation driver, Feintool consistently pushes the boundaries of

fineblanking and develops smart solutions for its customers' ideas with

two possibilities: On the one hand, our fineblanking systems and

innovative tools and, on the other hand, the complete production of

precise fineblanking and formed components in high volumes for demanding

industrial applications.

Feintool covers the entire process chain. The processes used by Feintool

support the trends in the automobile industry. Thus, Feintool is a

project and development partner in the field of lightweight construction,

different module types, and alternative drive concepts, such as hybrid

and electric.

The company founded in 1959 and headquartered in Lyss, Switzerland, has

its own production plants and technology centers in Europe, the United

States, China and Japan so it is always near its customers. Around 2,400

employees and nearly 70 trainees work worldwide on new solutions and

create key advantages for Feintool's customers.

The financial key figures at a glance

2017 2016 Change([1])

01.01- 30.09.2017 01.01- 30.09.2016 Change([1]) in local currency

in CHF m in CHF m in % in %

Sales Feintool

Group 450.2 416.9 8.0 8.1

System Parts

segment 401.2 363.4 10.4 10.5

Fineblanking

Technology

segment 63.3 66.8 -5.2 -5.0

Orders received

(investment

goods) 70.0 59.2 18.3 18.4

Order backlog

(investment

goods) 42.3 36.3 16.6 16.7

Expected releases

high-volume parts

production 260.2 223.1 16.6 14.1

2017 2016 Change([1])

01.07- 30.09.2017 01.07- 30.09.2016 Change([1]) in local currency

in CHF m in CHF m in % in %

Sales Feintool

Group 153.4 138.4 10.8 9.5

System Parts

segment 135.3 121.4 11.4 9.9

Fineblanking

Technology

segment 26.2 22.4 17.2 17.4

Orders received

(investment

goods) 20.7 16.2 27.5 27.6

[1] Compared to the same period in the previous year

Feintool International Holding AG

Industriering 8 - CH-3250 Lyss

Switzerland

Spokesperson

Stefan Diepenbrock

Telefon +41 32 387 52 32

Mobile +41 79 342 73 08

stefan.diepenbrock@feintool.com

www.feintool.com

The press release can be downloaded from the following link:

Press Release (PDF): http://hugin.info/100443/R/2145657/822553.pdf

This announcement is distributed by Nasdaq Corporate Solutions on behalf

of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely

responsible for the content, accuracy and originality of the information

contained therein.

Source: Feintool International Holding AG via Globenewswire

--- End of Message ---

Feintool International Holding AG

Industriering 8 Lyss Switzerland

ISIN: CH0009320091;

http://www.feintool.com

(END) Dow Jones Newswires

October 31, 2017 02:01 ET (06:01 GMT)