Annual Report 2014

Overall Statement on the Economic Position of the Group

We achieved most of the goals which we had set ourselves for the 2014 financial year and had announced in our Annual Report on the 2013 financial year. These included in particular organic growth in revenue of 6.8 percent, a substantial increase in the EBIT margin to 6.1 percent and a year-on-year increase in profit after tax of 49.5 percent. Moreover, we again achieved stable ratios in our capital structure with an equity ratio of 63.7 percent and a positive free cash flow of € 4.8 million. We remain optimistic about the coming financial years. We are determined to pursue the technotrans growth story and the medium and long-term goals.

We also want to offer our shareholders an attractive yield. As in the past, we intend to finance the dividend distribution from the free cash flow. The Board of Management of technotrans AG, in agreement with the Supervisory Board, proposes the payment of a dividend of € 0.33 (previous year: € 0.20) per share for the 2014 financial year.