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Lower revenues and project costs decreased profit

  • Revenue of the first half-year of 2011 amounts to 117,3 million euro, a 3,5% decrease compared to last year.
  • Operating profit (EBIT) for the first six months amounts to 8,2 million euro, which is 16,4 % lower than last year.
  • Cash flow (EBITDA) for the first half year amounts to 9,2 million euro, a 39,9% decrease compared to last year.
  • Net profit amounts to 5,1 million euro (Earnings per Share of
    0,64 euro), a decrease of 8,8 % compared to last year.
  • Net financial debt decreased by 1,4 million euro compared to December 2010, and amounts to 11,8 million euro.