Spector Photo Group NV reported earnings results for the third quarter and nine months ended September 2012. For the quarter, the company reported revenue amounted to EUR 11.58 million compared to EUR 13.61 million for the same period in 2011. REBITDA was EUR 0.12 million against EUR 0.45 million for the same period in 2011.

For the nine months, the company reported revenue after nine months decreased from EUR 38.46 million to EUR 35.51 million. The REBITDA after nine months fell from EUR 1.49 million to negative EUR 0.03 million in 2012. The net financial debt as at the end of September 2012 amounted to EUR 5.58 million compared to EUR 32.14 million as at end of December 2011.

The group expects that for the full year 2012, a stabilisation of the revenues while retaining its profitablilty will be difficult to achieve.