Silmäasema Oyj reported un-audited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported net sales of €30.9 million compared to €29.7 million, adjusted EBITDA of €2.8 million compared to €2.8 million, operating result of €1.1 million compared to €0.8 million, adjusted operating result of €1.4 million compared to €1.6 million, profit before taxes of €0.8 million compared to €0.08 million, profit of €0.5 million or €0.04 per basic and diluted share compared to loss of €0.03 million or €0.01 per basic and diluted share, return on equity of 1.3% compared to negative of 0.4%, net cash inflow from operating activities of €4.4 million compared to €4.1 million, payments for property, plant and equipment of €2.6 million compared to €0.8 million, payments for intangible assets of €0.5 million compared to €0.3 million a year ago. Net debt as at March 31, 2018 was €32.7 million compared to €60.8 million as at March 31, 2017.

The company's net sales are estimated to grow compared to the previous year. In 2017, the company's net sales were €118.3 million. The company's adjusted EBITDA is estimated to be 9-13% of net sales.