Greiffenberger AG reported earnings results for the first half year of 2013. For the period, the company's total net turnover was EUR 76.9 million compared to EUR 81.8 million a year ago. Cash Flow from operating activity was EUR 7.8 million compared to EUR 3.2 million a year ago. EBITDA was EUR 6.8 million compared to EUR 8.2 million a year ago. EBIT was EUR 3.5 million compared to EUR 4.9 million a year ago. Net income for the period was EUR 1.3 million compared to EUR 1.1 million a year ago. Earnings per share was EUR 0.26 compared to EUR 0.22 a year ago.

The company provided earnings guidance for the full year of 2013. For the period, the company expects turnover in the range of EUR 156 million to EUR 160 million following EUR 158.0 million in 2012. This will mean turnover increasing between 4 and 9 % in the second half of the year compared to the previous year's period. EBITDA expected to be in the range of EUR 12.5 million to EUR 14 million. The EBIT is expected to be between EUR 5.7 million to EUR 7.2 million following EUR 8.8 million in fiscal year 2012. The forecast figures for the EBITDA and EBIT include a planned EUR 1.7 million one- time expenditure for starting up the plant in the Polish city of Lublin. The company expects the financial result to be up by EUR 1.5 million to EUR 1.7 million over the previous year.