Sanitec Corporation's Interim Report January – September 2014: Organic growth with improved profitability


Third quarter 2014 in brief

  · Net sales for the third quarter amounted to EUR 174.3 million (175.4).
Comparable net sales for the third quarter were 2.1% higher than prior year (1).
  · Operating profit for the third quarter increased to EUR 23.3 million (20.5),
13.4% (11.7) of net sales.
  · Profit for the period amounted to EUR 17.4 million (7.3).
  · Earnings per share, basic and diluted, were EUR 0.17 (0.07).
  · Cash flow from operating activities for the third quarter amounted to EUR
30.4 million (32.3).
  · After the reporting period Geberit has announced a cash offer of SEK 97 per
share to the shareholders of Sanitec.

January – September 2014 in brief

  · Net sales for the period amounted to EUR 533.3 million (534.3). Comparable
net sales for the period were 2.1% higher than prior year (1).
  · Operating profit for the period increased to EUR 62.6 million (53.7), 11.7%
(10.1) of net sales.
  · Profit for the period amounted to EUR 32.2 million (30.4).
  · Earnings per share, basic and diluted, were EUR 0.32 (0.30).
  · Cash flow from operating activities for the period amounted to EUR 43.5
million (36.4).

(1) Calculated in comparable legal structure and constant currency, i.e. organic
change.

Please click the attached pdf document or visit www.sanitec.com
(Investors>Reports and Presentations) to download Sanitec's Interim Report
January – September 2014 in English or in Swedish.
For additional information, please contact:

Niklas Alm
Head of Investor Relations
ir@sanitec.com
mob. 46 76 855 7836

Noora Koikkalainen
Head of Corporate Communications
sanitec.corporation@sanitec.com
tel. 358 10 662 5426
About Sanitec – “Home of the Bathroom”

Sanitec is the leader in bathroom ceramics in Europe. We have a unique portfolio
of some of the most well-known brands with deep roots in the European fixtures
markets, strategically positioned to address local markets. We care passionately
about people’s needs when it comes to complete bathroom concepts, providing
products that stand for guaranteed quality, high level of innovation and
attractive design. Stable relationships with key stakeholders in the value chain
and our unique brand strengths foster our leading position as well as the
loyalty and trust amongst our customers, our network of installers and the end
users of our products.

Sanitec operates an integrated European group with an unparalleled local
presence to provide the best value when it comes to bathroom products. In 2013
net sales amounted to EUR 702 million. Our production network includes 18
production facilities throughout Europe and currently Sanitec employs
approximately 6,200 people. Our head office is located in Helsinki, Finland. The
shares in Sanitec Corporation are traded on NASDAQ Stockholm under the symbol
“SNTC”.

For more information about Sanitec, please visit www.sanitec.com.

Attachments

10224216.pdf