Alphaform AG announced earnings results for the first quarter of 2013. For the quarter, revenues were EUR 6.567 million against EUR 6.754 million for the same period a year ago. This represents a decrease of 2.8%, which is particularly due to a restrained market development in the European automotive industry. EBITDA was EUR 0.348 million against EUR 0.546 million for the same period a year ago. Operating result was EUR 0.053 million against EUR 0.219 million for the same period a year ago. Loss after taxes was EUR 0.036 million against earnings before tax of EUR 0.152 million for the same period a year ago. Loss per share was EUR 0.01 against EUR 0.03 for the same period a year ago. Loss before taxes was balanced at EUR -0.04 million against profit before taxes of EUR 0.15 million for the same period a year ago. The cash flow used operating activities in the Alphaform group declined to EUR 0.3 million. The main reason for this is the merely balanced operating result, compared to the first quarter of the previous year. The main reason for the decline of revenue and profitability at Alphaform in the first quarter was mainly due to a weak orders income in the business sector rapid tooling during the final quarter of the previous year.

The company provided earnings guidance for the full year 2013. For the year 2013 Alphaform AG assumes group revenue between EUR 27 and EUR 29 million, provided that the economic situation does not further deteriorate. The Board strives for the targeted result improvement to EUR 0.8 million.