Westag & Getalit AG reported consolidated earnings results for the nine months of 2017. For the period, the company reported consolidated sales revenues of EUR 177.5 million compared to EUR 179.6 million a year ago. Revenues were thus down by a moderate 1.2% on the previous year primarily due to the decline in domestic business. Earnings before taxes came in at EUR 7.0 million compared to EUR 8.6 million a year ago. As reported at the six-month stage, earnings were impacted not only by the unsatisfactory revenue trend but also primarily by price increases for various inputs as well as higher budgets for sales and marketing activities. Net profit for the period declined to EUR 4.9 million compared to EUR 6.1 million a year ago. Net profit per share was EUR 0.89 per ordinary share compared to EUR 1.10 per ordinary share a year ago.

The company provided consolidated earnings guidance for the year 2017. For the year, the company expects sales revenues for the full year to more or less reach the prior year level. Taking into account the factors weighing on profitability as discussed above, consolidated earnings for the full year are expected to come in below the previous year's level.