Prismaflex International S.A. announced unaudited consolidated sales results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported total sales of €10.25 million against €11.89 million a year ago.

For the six months, the company reported total sales of €22.18 million against €25.38 million a year ago, down 9.9% at current exchange rates, due to the fall in Hardware Activity (analogue signs and decoration).

The company provided earnings guidance for the period ended September 30, 2016 and first quarter of fiscal 2018. In view of the low level of activity during the first six-month period, the group estimates that on September 30, 2016 operating profit will come to a loss of about €1 million. S2 activity will be more dynamic. To accompany and transform this upturn, the group is deploying a cost-reduction plan that will begin to produce positive results as of first quarter of 2017/2018.