Tornos Group reported unaudited earnings results for the first half ended June 30, 2018. For the period, Net sales were CHF 103,989,000 against CHF 82,088,000 reported a year ago. EBITDA was CHF 7,275,000 against CHF 3,375,000 reported a year ago. EBIT was CHF 5,507,000 against CHF 1,679,000 reported a year ago. Net result was CHF 5,466,000 against CHF 295,000 reported a year ago. Cash flow from operating activities was CHF 3,749,000 against CHF 13,703,000 reported a year ago. Free cash flow was CHF 2,361,000 against CHF 10,140,000 reported a year ago.

The Group expects further year-on-year improvement in EBIT and the net result in 2018.