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2017-02-03

HEXPOL: Year-end report 2016

Fourth quarter 2016 - Increased sales and improved result

· Sales increased 6 per cent to 2,753 MSEK (2,596).
· Operating profit increased 6 per cent to 484 MSEK (456).
· Operating margin amounted to 17.6 per cent (17.6).
· Profit after tax rose to 374 MSEK (326).
· Earnings per share increased 15 per cent to 1.09 SEK (0.95).
· Operating cash flow rose to 567 MSEK (562).

Full year 2016 - Positive volume development and strong result

· Sales amounted to 10,879 MSEK (11,229).
· Operating profit amounted to 1,921 MSEK (1,964).
· Operating margin increased to 17.7 per cent (17.5).
· Profit after tax increased to 1,397 MSEK (1,393).
· Earnings per share rose to 4.06 SEK (4.05).
· Operating cash flow amounted to 2,057 MSEK (2,185).
· In the beginning of June, Berwin Group, a leading Rubber
Compounder in the UK market, was acquired and the units have been
integrated according to plan.

· The Board of Directors proposes a dividend of 4.75 SEK per share,
consisting of an ordinary dividend of 1.75 SEK per share (1.70) and a
special dividend of 3.00 SEK per share.

President's comments

"The fourth quarter of 2016 was again a strong quarter - our best
fourth quarter to date. The Sales increased 6 per cent and the volume
development was positive. The operating margin improved from the
third quarter to strong 17.6 per cent. Earnings per share increased
15 per cent. The operating cash flow was once again strong, 567 MSEK.
Sales have once again been negatively affected by considerably lower
sales prices due to lower raw material prices than the corresponding
year-earlier period. Price pressure was continued strong on all
markets.

In terms of earnings, 2016 was the best year so far in the HEXPOL
Group and earnings per share improved to 4.06 SEK. In the beginning
of June, Berwin Group, a leading UK Rubber Compounder, was acquired,
and have been integrated well in HEXPOL Compounding. Our strong
operating cash flow and our net cash of 1,268 MSEK provides scope for
continued acquisition-driven expansion and a dividend of 4.75 SEK per
share including a special dividend of 3.00 SEK per share."

Georg Brunstam, President and CEO

For more information, please contact:

Georg Brunstam, President and CEO
Tel: +46 708 55 12 51

Karin Gunnarsson, Chief Financial Officer/ Investor Relations Manager
Tel: +46 705 55 47 32

HEXPOL is a world-leading polymers group with strong global market
positions in advanced polymer compounds (Compounding), gaskets for
plate heat exchangers (Gaskets), and wheels made of plastic and
rubber materials for truck and castor wheel applications (Wheels).
Customers are primarily system suppliers to the global automotive and
engineering industry, the construction sector, the energy, oil, and
gas sector, medical equipment manufacturers and OEM manufacturers of
plate heat exchangers and forklifts. The Group is organised in two
business areas, HEXPOL Compounding and HEXPOL Engineered Products.
The HEXPOL Group's sales in 2016 amounted to 10,879 MSEK. The HEXPOL
Group has approximately 4,100 employees in eleven countries. Further
information is available at www.hexpol.com.

This information is information that HEXPOL AB is obliged to make
public pursuant to the EU Market Abuse Regulation. The information
was submitted for publication, through the agency of the contact
person set out above, at 8:00 a.m. CET on February 3, 2017. This
report has been prepared both in Swedish and English. In case of any
divergence in the content of the two versions, the Swedish version
shall have precedence.

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http://news.cision.com/hexpol/r/year-end-report-2016,c2179062
http://mb.cision.com/Main/1100/2179062/622926.pdf

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