Alno AG announced earnings results for the nine months of 2014. For the first nine months, earnings before interest and tax (EBIT) rose to EUR 16 million from EUR 3.2 million a year earlier. Revenues soared by 36% to EUR 400 million. Without the acquisition of AFP in March, revenues would have increased by 1.5%.

The company provided earnings guidance for the full year 2014. The company now expects its earnings before interest, tax, depreciation and amortisation (EBITDA) to come in at EUR 38 million (USD 47.3 million), compared with the previous projection of EBITDA of EUR 25 million. The sales forecast remained unchanged at EUR 580 million.