Aspocomp reported unaudited earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net sales of €5,564,000 against €3,776,000 a year ago. Operating result was €153,000 against loss of €470,000 a year ago. Profit before tax was €132,000 against loss of €516,000 a year ago. Profit was €132,000 or €0.02 per diluted share against loss of €516,000 or €0.08 per diluted share a year ago. EBITDA was €0.4 million against loss of €0.2 million a year ago. Adjusted operating result was €0.2 million against loss of €0.5 million a year ago.

For the nine months, the company reported net sales of €15,032,000 against €12,698,000 a year ago. Operating loss was €125,000 against €858,000 a year ago. Loss before tax was €192,000 against €925,000 a year ago. Loss was €192,000 or €0.03 per diluted share against loss of €926,000 or €0.14 per diluted share a year ago. Cash flows used in operating activities was €276,000 against €207,000 a year ago. EBITDA was €0.6 million.

The company's full-year guidance remains unchanged. In 2016, net sales are expected to grow and the operating result to be in the black. In 2015, net sales amounted to €17.5 million and the operating loss to €1.2 million.