Paul Hartmann AG reported earnings results for the first quarter of 2014. Net profit of the company rose 10.6% to EUR 21.6 million (USD 29.9 million) in the first quarter of 2014. Earnings before interest and tax (EBIT) increased 10.5% year-on-year to EUR 33.3 million. Revenue grew 2.9% to EUR 450.2 million.

For the year 2014, the company expects a moderate rise in revenue and EBIT. In 2013, revenue totalled EUR 1.79 billion and EBIT came in at EUR 62.5 million.