Elma Electronic : Group expecting siginificant increase in net profit for business year 2018

Media Release

Elma Group expecting significant increase in net profit for business year 2018

CH-Wetzikon, December 14, 2018-In the first eleven months of the current business year 2018, the Elma Group has improved order income and net sales as well as significantly increased net profit compared with the previous year (also adjusted for currency translation effects).

In the currently favorable market environment, the Elma Group has developed positively. From today'sperspective, Elma anticipates to close the business year 2018 with a significantly higher net profit of over CHF 5 million (previous year: CHF 3.0 million).

The complete annual financial statements and the Annual Report 2018 of the Elma Group will be published on February 25, 2019.

Contacts:

Elma Electronic AG Hofstrasse 93

8620 Wetzikon / Switzerland

Fred Ruegg	Edwin Wild
CEO Elma Group	CFO Elma Group
Phone [phone]	Phone [phone]
[e-mail]	[e-mail]
About Elma

Elma Electronic is a worldwide provider of solutions for the construction of enclosure systems for electronics. The product range extends from electronic packaging components to modular enclosures, cabinets and backplanes through to complete system platforms. Elma also produces rotary switches for electronic applications. The flexibility that allows customer requirements to be met and our many years of experience in the development and production of components and systems for complex applications distinguish Elma as a reliable partner.

Please visit our website:www.elma.com

Disclaimer

This communication contains statements that constitute "forward-looking statements". In this communication, such forward-looking statements include, without limitation, statements relating to our financial condition, results of operations and business and certain of our strategic plans and objectives. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors which are beyond Elma's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmentalregulators and other risk factors detailed in Elma's past and future filings and reports and in past and future filings, press releases, reports and other information posted on Elma Group companies' websites. Readers are cautioned not to put undue reliance on forward-looking statements, which speak only of the date of this communication. Elma disclaims any intention or obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This Media Release is published in German and in English. Should the English translation differ from the German original, the German version is binding.