Greiffenberger AG reported earnings results for the first half of 2015. For the period, the group generated revenues of EUR 74.4 million. The company has therefore successfully made up almost entirely for the first quarter's decline in turnover, with a significant recovery underway and turnover up 4.9% in the second quarter. Primarily for this reason the total operating performance was EUR 4.8 million down on the previous year however, cost improvement measures allowed for an EBIT of EUR 0.7 million, which is on par with the previous year, and an EBITDA of EUR 4.3 million (+7.0%). Loss per share improved to EUR 0.11 compared to EUR 0.16 a year ago. Cash inflow from operating activity was EUR 3.6 million against outflow of EUR 1.3 million a year ago. Net loss was EUR 0.6 million against EUR 0.8 million a year ago.

In light of these developments the group is quantifying its expectations for full year 2015. For turnover, EBITDA and EBIT the company is expecting growth compared to 2014. Turnover is being forecast at between EUR 153 million and EUR 158 million, compared to EUR 152.2 million in 2014. The EBITDA should be improved to between EUR 10 million and EUR 11.5 million from the previous EUR 9.4 million, and the EBIT is planned at between EUR 3 million and EUR 4.5 million, following EUR 2.4 million in 2014.