euromicron AG announced consolidated earnings results for the year 2016. Revenues for fiscal year 2016 were down slightly at EUR 325.3 million, 1.4% below the forecast of EUR 330 million to EUR 350 million that was adjusted in the semi-annual financial report 2016. Before one-time special effects of the reorganization, which impacted the EBITDA margin by 1.7%, operating EBITDA of EUR 13.2 million was achieved, which corresponds to an EBITDA margin of 4.0%. This means that the operating EBITDA margin is at the upper end of the adjusted forecast (2.0% to 4.0%). The negative result from the reorganization measures in fiscal year 2016 totaled EUR 7.3 million, this figure includes depreciation of EUR 1.0 million and impairment of the financial result of EUR 0.6 million. The reported EBITDA amounted to EUR 7.4 million after EUR 6.9 million in the previous year.

The company provides Earning Guidance for 2017. As a result of the reorganization measures and costs related to the restructuring of the Group's financing, the Group's reported EBITDA in 2017 is expected to be burdened by around EUR 2.0 million to EUR 3.0 million.