Muehlhan AG reported consolidated earnings results for the first half ended June 2018. For the period, the company reported sales revenues of EUR 123.6 million compared to EUR 118.9 million a year ago. EBITDA was EUR 7.5 million compared to EUR 7.9 million a year ago. EBIT was EUR 3.5 million compared to EUR 4.2 million a year ago. EBT was EUR 2.8 million compared to EUR 3.5 million a year ago. Consolidated earnings after non-controlling interests was EUR 1.9 million compared to EUR 1.5 million a year ago. Earnings per share from continuing operations were EUR 0.10 compared to EUR 0.08 a year ago. Cash inflow from operating activities was EUR 1.7 million compared to EUR 1.4 million a year ago. Investment for fixed assets was EUR 6.1 million compared to EUR 5.5 million a year ago.

The company provided earnings guidance for the year 2018. The group expects sales revenue will remain constant at around EUR 250 million and that EBIT will improve slightly to between EUR 8.5 million and EUR 9.5 million compared with the same period last year.