External sales and gross profits increased thanks to successful acquisitions - Sale of Valora Services Austria reduces Group's dependence on press market - focus on core areas of expertise with a view to strengthening retail activities

• External sales and gross profits increased thanks to successful acquisitions - Valora Retail outperforms local competitors

• Earnings adversely affected by persistent contraction of press market, challenging market environment and higher costs at Corporate division

• Sale of Valora Services Austria reduces Group’s dependence on press market

• Agreement signed for sale of Muttenz facility, generating financing for future investments

• Outlook: focus on core areas of expertise with a view to strengthening retail activities