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Order postponements result in a weaker fourth quarter

Highlights 2013

 

  • Revenue of 2013 amounts to 221.4 million euro, a 3.6% decrease compared to last year. Half of the decrease was currency related.

 

  • Operating profit (EBIT) amounts to 15.0 million euro, which is 14.1% lower than last year. Last year EBIT included 1.9 million euro non-recurring income items.

 

  • Cash flow (EBITDA) amounts to 17.5 million euro, a 24.6% decrease compared to last year.

 

  • Net profit from the continuing operations amounts to 9.9 million euro (Earnings per Share of 1.23 euro), a decrease of 6.0% compared to last year.

 

  • Net financial debt decreased by 13.6 million euro, putting the company in a net cash position of 2.7 million euro.

 

  • The Board proposes to maintain a dividend of 0.25 euro per share to the shareholders in line with the practice of previous years.

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