Greiffenberger AG reported earnings results for the full year of 2012. For the year, the company reported turnover of EUR 158.0 million compared to turnover of EUR 156.6 million for the same period a year ago. EBITDA was EUR 15.4 million compared to EUR 14.8 million last year. EBIT was EUR 8.8 million compared to EUR 8.3 million last year. Annual results were EUR 2.6 million or EUR 0.53 per share compared to EUR 2.5 million or EUR 0.52 per share last year. Operating cash flow was EUR 9.7 million compared to EUR 2.8 million last year. Net financial debt was EUR 41.7 million compared to EUR 40.4 million last year.

For 2013 the group expects turnover to continue to increase slightly, and the EBITDA and EBIT to perform well. Despite the continuing good operating performance, a one-off expense of around 1.7 m for starting up the ABM subsidiary's new plant in Lublin, Poland, scheduled for the fourth quarter, will have its impact on earnings in 2013.