INDUS Holding AG reported consolidated earnings results for the nine months of 2012. For the period, the group increased its sales revenues to EUR 830.0 million compared to EUR 821.3 million in 2011. Domestic sales declined by approx. 3%, while sales in international markets picked up once more. At EUR 81.0 million compared to EUR 92.4 million in 2011, earnings before interest and taxes (EBIT) were fully in line with expectations. An EBIT margin of 9.8% and consolidated net income of EUR 37.8 million compared to EUR 51.4 million in 2011 were also in line with plan in the reporting period. Operating cash flow stood at EUR 26.3 million compared to EUR 56.9 million in 2011 at the nine-month stage. This cannot be compared with the previous year, as the receivables sold are not derecognised under the newly launched ABS programme. Including this effect to the tune of approx. EUR 23 million, cash flow was at the prior year level. Capital expenditures totaled EUR 44.3 million compared to EUR 28.5 million in 2011.

The group continues to project sales in excess of EUR 1 billion for the full year 2012. The Group also maintains its profitability target.