Exhibit 99.1
For Immediate Release
VPG Reports Fiscal 2018 Fourth Quarter and Twelve Month Results
MALVERN, Pa. (February 20, 2019) - Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and sensors-based systems, today announced its results for its fiscal 2018 fourth quarter and twelve fiscal months ended December 31, 2018.
Fourth Quarter Highlights:
Growth in revenues to $77.0 million, up 10.9% year-over-year
Earnings were $0.25 per diluted share, compared to $0.33 reported last year
Adjusted diluted EPS* increased to $0.54 compared to prior year $0.39
Operating margin for the quarter is 9.2%, as compared to 10.3% reported last year
Adjusted operating margin* for the quarter is 12.9%, as compared to 11.5% reported last year
Cash from operations was $17.4 million with free cash flow* of $12.8 million

2018 Full Year Highlights:
Growth in revenues to $299.8 million, up 17.9% year-over-year
Earnings increased to $1.75 per diluted share, compared to $1.07 reported last year
Adjusted diluted EPS* increased to $2.05 compared to prior year $1.14
Operating margin for the year is 12.4%, as compared to 8.8% reported last year
Adjusted operating margin* for the year is 13.5% as compared to 9.7% reported last year
Cash from operations was $35.4 million with free cash flow* of $21.0 million

Ziv Shoshani, Chief Executive Officer of VPG, commented, “Our continued focus on execution delivered solid revenues and net earnings for the fourth quarter and full year 2018. Free cash for the fourth quarter and full year 2018 was strong demonstrating good execution and cost discipline. We remain dedicated to delivering revenues, margins and net earnings to continue to enhance long-term shareholder value."
The Company's fourth fiscal quarter 2018 net earnings attributable to VPG stockholders were $3.4 million , or $0.25 per diluted share, compared to $4.5 million, or $0.33 per diluted share, in the fourth fiscal quarter of 2017. Foreign currency exchange rates for the fourth quarter of 2018 increased net income by $0.7 million, or $0.05 per diluted share, relative to the prior year period.
In the twelve fiscal months ended December 31, 2018, net earnings attributable to VPG stockholders grew to $23.6 million, or $1.75 per diluted share, compared to $14.3 million, or $1.07 per diluted share, in the twelve fiscal months ended December 31, 2017. Foreign currency exchange rates for the twelve fiscal months ended December 31, 2018 increased net income by $0.6 million or $0.05 per diluted share relative to the prior year period.
The fourth fiscal quarter 2018 adjusted net earnings attributable to VPG stockholders increased to $7.3 million, or $0.54 per diluted share, compared to adjusted net earnings attributable to VPG stockholders of $5.3 million, or $0.39 per diluted share, for the comparable prior year period.
In the twelve fiscal months ended December 31, 2018, adjusted net earnings attributable to VPG stockholders increased to $27.8 million, or $2.05 per diluted share, compared to adjusted net earnings attributable to VPG stockholders of $15.3 million, or $1.14 per diluted share, for the comparable prior year period. Included as an adjustment to net earnings attributable to VPG stockholders for the twelve fiscal months ended December 31, 2017, were net proceeds of $1.5 million related to a one time lease termination payment at the Company's Tianjin, People's Republic of China location.
Non-cash Impairment Charge
As a result of our regular review of goodwill and indefinite-lived intangible assets during the fourth quarter of each year, we recorded a $2.8 million pre-tax, non-cash impairment charge to reduce the carrying value of the goodwill and indefinite-lived intangible assets related to our Pacific Instruments

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The following information was filed by Vishay Precision Group, Inc. (VPG) on Wednesday, February 20, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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