Miko announced consolidated earnings results for the half year ended June 30, 2014. For the period, the company reported revenue of EUR 84,128,000 against EUR 76,619,000 a year ago. Profit before interests and tax was EUR 6,331,000 against EUR 5,836,000 a year ago.

Profit before tax was EUR 6,081,000 against EUR 5,591,000 a year ago. Profit of the year attributable to owners of Miko was EUR 4,417,000 or EUR 3.54 per diluted share against EUR 4,291,000 or EUR 3.43 per diluted share a year ago. The increase in turnover is largely attributable to the takeovers which were made in Sweden and Denmark during the first half of 2013.

EBITDA amounted to EUR 11.4 million or 18.8% higher than the same period last year. This is a result of the sharp rise in depreciations from the substantial investments made in 2013.