• The company has achieved an improvement in productivity of 61% compared to 2008
• 70% of the turnover going to the export market
• The reorganisation of Grupo Industrial Español leads to efficiency gains

Almazora, June 12, 2013 In 2012,

Groupo Industrial Pamesa reached a clear turnover of 272 million euros, representing an increase of 17% compared to 233 million euros in 2011. At the end of last year the company announced a pretax profit of 19 million euros, 68% higher than that achieved in the previous year.

During 2012, 18 new people joined the staff of Grupo Industrial Pamesa ,making a total of 805 workers at the end of the year. Already by May-13, 47 new jobs have been incorporated into the Group increasing the workforce to 852 people.

According to the president of Grupo Industrial Pamesa, Fernando Roig, "the decisions taken in 2009 to adapt to the difficult economic context that we were living through, have been key to our ability to present these magnificent results with increased productivity of 12.5% compared to 2011, which was the main cause of Pamesa Industrial Group´s strengthened growth rate in 2012”. Fernando Roig went on the explain that, “it was the fall of the rate in activity that led to record Pamesa losses in 2009, after which we decided to invest in productivity, cost control, outsourcing and efficiency as our competitive levers. The result being that at the end of 2012 the company had improved their productivity by 89% compared to 2008. "

For Fernando Roig, "the second Pamesa growth engine in recent years has been the improved development of the export markets, which in 2012 accounted for 70% and the turnover of the company, and hopes to reach 75% in by 2013 ".

The president of Groupo Industrial Pamesa also said that, according to the business development achieved by the company in the first five months of 2013, the outlook is positive. In relation to this, Fernando Roig also indicated that, "Pamesa plans to increase its turnover above 17%, and increase profit by 30%” through productivity improvements and the efforts of all those in the Group over the last three years with the investment of nearly 50 million euros.

Industrial Group Reorganization

Fernando Roig used the press conference to report on the merger of the two leading companies in his current business: uniting in Nomar. The focus of which will be on clarity and transparency within the companies, and the improvement in the efficiency of production processes and logistics with suppliers, customers and financial institutions.

Convention 2013-2016

A collective agreement has been signed for four years, with revisions of 0%, 1%, 1% and 2% for each year, and with the elimination of the last section of the scale of antiquity.