SNP Schneider-Neureither & Partner AG reported earnings results for the first half of 2014. For the period, the company increased its revenue by 51.0% as against the previous year to EUR 15.5 million. Over the same period, negative EBIT climbed from EUR 2.3 million to positive EBIT of EUR 0.5 million. This positive development was driven by 2013's investments in internationalization, innovation and sales. EBITDA amounted to EUR 1.0 million as against negative EBITDA of EUR 2.0 million in the same period of the previous year. Loss after taxes climbed from EUR 1.6 million in the previous year to earnings after taxes of EUR 0.2 million, corresponding to earnings per share of EUR 0.04 after the first six months of the financial year. Operating cash flow was EUR 1.3 million against negative operating cash flow of EUR 2.2 million a year ago.

The company forecasts consolidated revenue of around EUR 30 million and an EBIT margin in the mid-single-digit range for the 2014 financial year.