KAP AG reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 113.32 million compared to EUR 109.35 million a year ago. Revenue was EUR 111.5 million compared to EUR 112.54 million a year ago.

Net loss was EUR 0.318 million compared to net income of EUR 0.967 million a year ago. Basic loss per share from continuing operations was EUR 0.04 compared to basic earnings per share from continuing operations of EUR 0.12 a year ago.