Ultrasonic AG reported group earnings results for the Nine Months ended September 30, 2013. For the nine months, the company reported revenue of EUR 118,063,000 against EUR 108,290,000 a year ago. EBITDA was EUR 34,096,000 against EUR 31,615,000 a year ago. EBT was EUR 33,090,000 against EUR 30,649,000 a year ago. EBIT improved by 8.0% to EUR 33.0 million against EUR 30.6 million a year ago. Profit for the period was EUR 24,250,000 against EUR 22,771,000 a year ago. Earnings per share were EUR 1.96 against EUR 1.89 a year ago. Net cash inflow from operating activities was EUR 30.3 million against EUR 20.3 million a year ago. The considerable year-on-year rise was attributable to higher pre-tax earnings and, in particular, lower working capital requirements due to the EUR 3.6 million reduction in trade and other receivables.

Based on the group's performance to date, the Management Board expects year end group revenue to show an increase of around 10% on a euro basis (excluding currency effects), with a pre-tax (EBT) margin of 26-28%.