euromicron AG announced consolidated earnings results for the first quarter ended March 31, 2016. The consolidated sales in the first quarter of 2016 were EUR 65.2 million and so down on the previous year's figure of EUR 74.6 million. This decline in consolidated sales in the period under review is mainly due to the fact that non-strategic business segments were discontinued at the end of fiscal 2015. The even lower sales base compared to the previous year consequently affected operating loss before interest, taxes, depreciation and amortization (LBITDA), which were EUR 1.0 million in the period under review against income of EUR 1.4 million a year ago.

The company forecast for the year 2016 as a whole confirmed.