Ultrasonic AG announced audited consolidated earnings results for the fiscal year 2013. For the year, the company announced that the sales revenue of the group grew by 9.9% from EUR 149.0 million in 2012 to EUR 163.8 million in 2013. The company lifted EBITDA from EUR 43.2 million to EUR 48.9 million in 2013. The group's after-tax profit improved to EUR 35.0 million compared to EUR 30.8 million for the same period a year ago. That corresponds to earnings per share (basic and diluted) of EUR 2.82 compared to EUR 2.55 (restated) for the same period a year ago. Operating cash flow increased to EUR 37.1 million compared to EUR 18.6 million (restated) for the same period a year ago.

The company provided earnings guidance for the fiscal year 2014. For fiscal 2014, the management board expects the positive trend to continue. Assuming a further rise in consumer spending in China and at least stable export demand, together with an unchanged number of distributors and a slight rise in the number of ULTRASONIC shops, the company expects to report further growth on a euro basis of around 10%-15% in 2014 (excluding currency effects). The management board still expects to report a pre-tax margin (EBT) of 24%-27% in 2014.