FIRST HALF 2014 RESULTS (AcT)

(Audited)

EBIT up 8.5 % compared to 2013

Paris, September 3, 2014. SergeFerrari Group (FR0011950682) creates, manufactures and distributes composite, innovative and flexible materials and is listed on Euronext Paris - compartment C.

On September 3, 2014 the Board of Directors reviewed the first half 2014 condensed consolidated financial statements.

Revenues

Following a 0.7% decline in the first quarter, second quarter 2014 revenues rose 2.1%. The 0.8% first half 2014 revenue increase was reduced by 0.4% due to fluctuations in the EUR/USD exchange rate. 2013 revenues for the Rest of World (ROW) region had been boosted by Architecture projects, especially in Brazil, at €3.4 million in first half 2013 compared to South America revenues amounting to €2.2 million for the first half of 2014.

Consolidated half-year earnings

The gross margin on standard cost for the flexible composite materials sales reached 45.8% of corresponding revenues, up from 45.6% in first half 2013. First half 2014 EBIT improved due to strict operating cost control, particularly in relation to raw material costs. First half 2014 net income of €3.6 million, up from €2.7 million in 2013, was buoyed by lower financial expenses (€0.4 million down from €0.9 million in 2013), and a lower tax charge (€1.4 million down from €1.9 million in 2013), which in 2013 included a €0.5 million non-recurring tax charge.

Admission of SergeFerrari Group shares for trading on Euronext Paris

On June 25, 2014, SergeFerrari Group shares were admitted for trading on Euronext Paris. The capital increase resulting from the IPO amounted to €38 million. Changes in the Company's equity during the period were as follows:

Net cash and cash equivalents as of June 30, 2014 stood at €3.3 million, whereas Group net debt as of December 31, 2013 amounted to €27.7 million.

Following exercise of the over-allotment option and the employees reserved capital increase on July 18 and 28, 2014 respectively, as set out in the operation memorandum approved June 3, 2014 by the French Financial Markets Authority, the Company's capital now consists of 12,299,259 shares.

Outlook

SergeFerrari Group continues to hire sales staff with the objective of increasing the sales force of 107 people at December 31, 2013 to 128 people by December 31, 2014. This rise in employee numbers is expected to increase second half 2014 personnel costs while second half 2014 revenues will not increase significantly or proportionately in view of the need to train and develop the skills of the sales people hired. Based on first half 2014 results, SergeFerrari Group targets an increase in 2014 revenue and earnings.

Half-year financial report

In accordance with the Transparency Directive, the Company hereby confirms it has published its first half 2014 financial report and filed it with the French Financial Markets Authority. The report may be viewed at www.sergeferrari.com under the heading Investors / Financial Information.