centrotherm international AG reported earnings results for the six months ended June 30, 2018. For the period, the company reported revenue of EUR 64,545,000 to EUR 52,577,000 a year ago. Total operating performance was EUR 65,404,000 to EUR 73,508,000 a year ago. EBITDA was EUR 70,000 to EUR 648,000 a year ago. Negative EBIT was EUR 1,473,000 to EUR 945,000 a year ago. Loss after tax was EUR 2,584,000 to EUR 2,369,000 a year ago. Loss per share was EUR 0.12 against EUR 0.11 a year ago.

The company announced that revenue target for the 2018 financial year remains unchanged at between EUR 110 million and EUR 150 million. Despite the difficult market environment in the photovoltaic sector and high price and competitive pressure, the Management Board is aiming for a breakeven Group result at the EBITDA level.