EXEL INDUSTRIES :2013-2014 First Quarter Sales : + 19%

17 december 2013 PRESS RELEASE Epernay, December 17, 2013  Spraying is our Business ! 2013-2014 First Quarter Sales : + 19% +-----------------+---------+-------------------------------------------+------+ | | | 2013-2014 | | | Consolidated |2012-2013+--------------+----------------+-----------+Change| | figures in M€ | |  Constant | Effect of | Current | | | | | scope | Acquisition | scope | | +-----------------+---------+--------------+----------------+-----------+------+ |Revenue 1st | | | | | | |Quarter  (sept to| 131.2 | 124.7 | 31.5 | 156.2 |19.1% | |nov) | | | | | | | | | | | | | |     of which | | | | |37.8% | |Plant Protection | 86.6 | 90.0 | 29.3 | 119.3 | | | | | | | | | |     of which | | | | | | |Materials | 44.6 | 34.6 | 2.2 | 36.9 |-17.4%| |Protection | | | | | | +-----------------+---------+--------------+----------------+-----------+------+ * Plant Protection  (76% of the consolidated revenue) Over the first three month of the 2013-2014 exercise (September to November), revenue for plant protection is at 119.3 M€, +37.8% of growth at current scope, and + 3,9% at constant scope. Our farm customers remain prudent in their final investment decisions given tax uncertainties and redistribution rules of the new CAP which are not in favor of the cereal farmers. In Europe, our order portfolio is slightly below last year at the same period, and the orders are delayed in this first quarter of our exercise. The revenue of the Plant Protection has the benefit of the Holmer and Hozelock acquisitions, +29,3M€. * Materials Protection  (24% of the consolidated revenue) Plant Protection revenue of this first quarter is down, at 36,9 M€ including 2,2 M€ coming from Tricoflex acquired as of 1st of October 2012. This apparent decline comes from a mechanical effect due to important invoicing over the first quarter of last year, and from a decrease of the sales during this first quarter as announced some month ago. Meanwhile, in this economic context, our order portfolio is rebuilding thanks to new projects with new customers, and more specifically in the automotive business. * Outlook and Strategy M. Guerric Ballu, CEO of the EXEL Industries Group comments: « In an uncertain economic climate, our revenue is down in the Material Protection and increases in the Plant Protection thanks to deliveries of beet harvesters from our new subsidiaries Agrifac and Holmer in September and October. Without considering our last acquisitions, we see a slow start of our activities. Therefore, the first quarter of our exercise is generally non- representative of our full year exercise. Economic and tax uncertainties which are on our customers means that we must remain cautious on the level of the growth of our revenue for this year. Consistently with our sustainable and profitable growth strategy, we keep on investing in our industrial tools to increase our capacity and to improve our productivity, as: new logistic building in France to better deliver our European customers in the Retail for Hozelock and EXEL Gsa, and a fully automated welding workshop in Hardi. Our new products and our positioning on our markets, and all our action for improving the productivity within the Group, allow us to get new customers and to increase our market shares at the international. » +-----------------+-----------+-----------+-----------+-----------+ | EXEL Industries | 2009/2010 | 2010/2011 | 2011/2012 | 2012/2013 | +-----------------+-----------+-----------+-----------+-----------+ | Revenue in M€ | 384.4 | 430.1 | 525.3 | 740.2 | +-----------------+-----------+-----------+-----------+-----------+ Next Date  :         General meeting of EXEL Industries January 21st, 2014 Second quarter revenue March 20,  2014. About EXEL Industries : www.exel-industries.com World specialist in precision spraying techniques for agriculture (world leader) and industry (world no.3), world leader in Beet Harvesters, EXEL Industries employs around 3,600 people in 28 countries, over 5 continents. NYSE-Euronext Paris, Compartment B, CAC Mid&Small190 (Mnemo EXE / ISIN FR0004527638)                                            YOUR CONTACTS Guerric BALLU  Sylvain ROUSSEAU Directeur Général Groupe                                          Group CFO / Investor Relations         Sylvain.Rousseau@exel-industries.com         Tél : 00 33 1 71 70 49 50 Sales Q1 EXEL Industries 2013-2014: http://hugin.info/143456/R/1750662/589990.pdf This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: EXEL INDUSTRIES via GlobeNewswire [HUG#1750662]