Alno AG reported group turnover results for the third quarter ended September 2016 and earnings results for the nine months ended September 2016. Between January and September 2016, the group turned over €365.9 million against €348.2 million a year ago. Before deducting restructuring expenses, EBITDA improved in the nine-month period by 7.6% to €11.7 million against €12.6 million a year ago, after deducting restructuring expenses from 2016 of €15.2 million against €12.6 million a year ago. The year-on-year comparisons are based on figures adjusted for Impuls, i.e. the subsidiary sold in mid-2015 was factored out of the equation to permit a true comparison.

For the quarter, the group turned over €122.5 million against €119.9 million a year ago.

The company confirmed outlook and expecting a sharp rise in turnover and EBITDA for 2016.