Airopack Technology Group AG announced consolidated earnings results for the first half of 2017. For the period, the company reported net sales of EUR 11,181,000 against EUR 6,024,000 a year ago. LBITDA was EUR 10,390,000 against EUR 11,605,000 a year ago. LBIT was EUR 17,712,000 against EUR 14,566,000 a year ago. Net loss was EUR 19,533,000 against EUR 16,226,000 a year ago. Net loss per share was EUR 1.06 against EUR 1.15 a year ago. Consolidated cash flow was EUR 3,814,000 against EUR 3,867,000 a year ago.

The company expects production and sales volumes to continue to grow steadily in the second half of 2017. This is expected to result in an ongoing positive evolution of results through better coverage of the fixed production and organizational cost base and improved operational efficiency.