Gevelot SA reported consolidated earnings results for the first half of 2012. For the period, the company reported net income of €4.3 million on turnover of €102.9 million against net income of €7.0 million on turnover of €109.7 million a year ago. Operating income of €6.1 million compared to €10.9 million a year ago.

For the year 2012, the company expects consolidated net income for the 2012 financial year may remain in the black but will be down sharply compared to the previous financial year.