DGAP-Adhoc: SGL CARBON SE: Board of Management and Supervisory Board decide on accelerated growth strategy for the Business Units GMS und CFM as well as on separating the Business Unit PP within SGL Group


SGL CARBON SE  / Key word(s): Strategic Company Decision

07.07.2015 13:30

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Wiesbaden, July 7, 2015. In today's Supervisory Board Meeting, the Board of
Management and the Supervisory Board of SGL Carbon SE defined the next
strategic milestones for ensuring sustainable profitable growth.
 
On one hand, an accelerated growth strategy was determined for the Business
Units Graphite Materials & Systems (GMS) and Carbon Fibers & Materials
(CFM). Until 2020, organic sales growth of approximately 50% compared to
2014 is targeted. In addition, the technology and market positions of these
businesses are anticipated to be enhanced with selective bolt-on
acquisitions.
 
On the other hand, a strategy change was resolved for the Business Unit
Performance Products (PP). This encompasses the organization of this unit
in a separate legal structure within SGL Group, which is expected to be
completed at the end of the fiscal year 2016 at the latest. Additionally,
the business unit will adapt its business model to the changed market
conditions especially in graphite electrodes. The repositioning also allows
PP to flexibly react to new strategic options, which could emerge in the
graphite electrode industry. With these measures, SGL Group is facilitating
participation in potential future consolidation scenarios in the graphite
electrode industry.


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Information and Explaination of the Issuer to this News:

Important note:
This press release may contain forward-looking statements based on the
information currently available to us and on our current projections and
assumptions. By nature, forward-looking statements involve known and
unknown risks and uncertainties, as a consequence of which actual
developments and results can deviate significantly from these
forward-looking statements. Forward-looking statements are not to be
understood as guarantees. Rather, future developments and results depend on
a number of factors; they entail various risks and unanticipated
circumstances and are based on assumptions which may prove to be
inaccurate. These risks and uncertainties include, for example,
unforeseeable changes in political, economic, legal, and business
conditions, particularly relating to our main customer industries, such as
electric steel production, to the competitive environment, to interest rate
and exchange rate fluctuations, to technological developments, and to other
risks and unanticipated circumstances. Other risks that in our opinion may
arise include price developments, unexpected developments connected with
acquisitions and subsidiaries, and unforeseen risks associated with ongoing
cost savings programs. SGL Group does not intend or assume any
responsibility to revise or otherwise update these forward-looking
statements.

07.07.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      SGL CARBON SE
              Söhnleinstraße 8
              65201 Wiesbaden
              Germany
Phone:        +49 (0)611 6029 - 0
Fax:          +49 (0)611 6029 - 101
E-mail:       investor-relations@sglgroup.com
Internet:     www.sglgroup.de
ISIN:         DE0007235301
WKN:          723530
Indices:      SDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Munich, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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