PCAS SA reported consolidated earnings results for the first half ended June 30, 2018. For the first half, the company reported net sales of EUR 110.4 million against EUR 110.2 million a year ago. EBITDA was EUR 8.9 million against EUR 15.9 million a year ago. Current operating income was EUR 2.7 million against EUR 9.8 million a year ago. Operating loss was EUR 3.4 million against operating profit of EUR 5.9 million a year ago. Net loss was EUR 5.0 million against net income of EUR 2.7 million a year ago.

For the year 2018, the company reaffirm that Group sales in 2018 are expected to show modest growth. However, Group sales may be noticeably affected if the US currency were to depreciate against the euro or if operational difficulties were to reduce the production capacities of the sites due to the high level of activity planned for the end of the year.