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Increased profitability first half year – high order backlog

 

Highlights First half year 2014

 

 

 

 

 

 

  • Despite a 17% lower order backlog at the beginning of the year, the revenue of the Group was close to the revenue of  last year (-1.9%). 

 

  • Operating profit (EBIT) for the first six months amounts to 11.9 million euro, which is 13.7 % higher than last year.

 

  • Cash flow (EBITDA) for the first half year amounts to 12.8 million euro, a 7.2% decrease compared to last year.

 

  • Net profit amounts to 8.2 million euro (Earnings per Share of 1.03 euro), an increase of 16.6 % compared to last year.

 

  • Net cash position amounts to 3.1 million euro, 0.4 million higher compared to December 2013.

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