Deufol SE reported earnings results for the six months ended June 30, 2017. For the period, the company reported revenue of EUR 145.065 million compared to EUR 161.933 million a year ago. EBITDA was EUR 8.265 million compared to EUR 8.718 million a year ago. EBIT(A) was EUR 4.260 million compared to EUR 5.292 million a year ago. This result, on the one hand, was due to the acquisitions and its adjacent costs, and on the other hand, due to the integration of the new operations, which just started. EBT was EUR 3.350 million compared to EUR 4.008 million a year ago. Net profit was EUR 3.047 million compared to EUR 3.292 million a year ago. Earnings per share were EUR 0.070 compared to EUR 0.073 a year ago. Cash flow from operating activities was EUR 9.015 million compared to EUR 2.671 million a year ago. Excluding these non-recurring items, sales are down to EUR 13.2 million. Through adjusting the appreciation of the US-Dollar against the Euro of about 3.0%, sales increased in US-Dollar of EUR 1.0 million, sales declined by EUR 14.2 million. After deduction of the dividends of noncontrolling interests, the net profit decreased to EUR 3.0 million for the shareholders of the company versus EUR 3.2 million in the prior year.

For the full year 2017, the company now expects sales within the range of EUR 280 million and EUR 300 million and an operative result (EBITA) between EUR 14.0 million and EUR 16.0 million.