HanseYachts AG reported earnings results for the nine months ended March 31, 2013. For the period, total revenues sank by 21 % to EUR 51.7 million compared to last year's figure. In the period reported here, the company succeeded in reducing inventories by EUR 3.0 million and thus avoided an increase in this item as in the previous year.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by EUR 0.3 million to negative EUR 2.9 million. Consequently, EBIT has slightly improved by EUR 0.1 million to negative EUR 6.3 million compared to the same period last year. Operative cash flow at negative EUR 1.1 million has indicated a significantly lower consumption of resources compared to last year of negative EUR 1.9 million.

The reason for this was in particular an increase in the amount of advance payments made by customers when ordering yachts. Expenditures for investments were EUR 1.2 million against EUR 2.8 million of last year.