Beate Uhse AG announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2012. For the six months, the company reported total sales were EUR 68,257,000 against EUR 73,655,000 a year ago. EBITDA was EUR 5,234,000 against EUR 1,252,000 a year ago. EBIT was EUR 1,131,000 against negative of EUR 3,004,000 a year ago. EBT was EUR 204,000 against negative of EUR 3,632,000 a year ago. Net result for the year from continuing operations was EUR 753,000 against loss of EUR 3,337,000 a year ago. Return on equity was 3.1% against negative of 12.9% a year ago. Cash flow from operating activities was EUR 1,537,000 against EUR 7,502,000 a year ago. This was primarily due to improved stock management in the Group following measures implemented in the first half of 2011. Capital expenditure was EUR 2,098,000 against EUR 1,771,000 a year ago. Earnings allocable to shareholders of the parent company were EUR 659,000 against loss of EUR 3,421,000 a year ago. Earnings per share were EUR 0.01 against loss of EUR 0.05 a year ago. Cash flow per share was EUR 0.06 against EUR 0.01 a year ago. Cash paid for investments in property, plant and equipment, intangible assets and other non-current assets was EUR 1,080,000 against EUR 1,771,000 a year ago.

For the second quarter, the company reported sales was EUR 32,276,000 against EUR 33,796,000 a year ago. EBIT was EUR 459,000 against loss of EUR 2,920,000 a year ago. Negative EBT was EUR 5,000 against EUR 3,350,000 a year ago. Consolidated loss was EUR 18,000 against EUR 3,826,000 a year ago. Loss allocable to shareholders of the parent company was EUR 59,000 against EUR 3,868,000 a year ago.

The success of the restructuring concept has given the management board of the group the necessary boost to remain focused on the target of achieving the forecasts set for the financial year 2012.