KROMI Logistik AG reported earnings results for the six months ended December 31, 2017. For the period, the company succeeded in increasing sales by 15.8 % to EUR 39,335,000 against EUR 33,981,000 a year ago. The positive turn to the business in Brazil, in particular, with sales growth of 53.5% over the previous year, confirms the company's strategy of achieving profitable growth and a steady expansion of the customer base in new and existing markets by enhancing customer benefit. With the positive development of sales and earnings, KROMI Logistik showed a profitable growth trend in the first six months of fiscal 2017/2018 even in the traditionally weaker first half of the financial year. Material expenditure increased from EUR 25,406,000 in the same period last year to KEUR 29,442,000. Adjusted operating earnings of EUR 1,441,000.

For the whole year, the board is expecting sales growth in the upper-single-digit percentage range by comparison with the previous year, as well as a steady, marked improvement in its operating earnings before non-operating extraordinary effects not impacting the cash position.