Splendid Medien AG reported group earnings results for the second quarter and first half of 2015. For the period, group revenues totalled €28.4 after €25.0 million, up 13% year on year. Reported EBIT, at €2.0 million, was well above the first half of 2014 loss of €1.4 million. LBT swung from €1.7 million in first half of 2014 to EBT of €1.7 million. Finally, net income swung to a profit as well from negative €1.8 million in first half of 2014 to €1.7 million, corresponding to EPS of €0.17 against LPS €0.18 a year ago. Operating CF rose to €11.9 million against €5.2 million a year ago. CAPEX declined to €8.0 million after €10.3 million a year ago.

In second quarter 2015, the company achieved an EBIT of €0.5 million against LBIT of €1.1 million a year ago.

The company provided earnings guidance for the full year 2015, 2016 and 2017. For the full year 2015, the company expects sales of €63.35 million, operating profit of €4.24 million, EBIT of €4.24 million, EBT (Earnings before income taxes) of €3.64 million, net income attributable to shareholders of €3.01 million, basic earnings per share of €0.31, cash flow from operating activities of €26.92 million and CAPEX of €25.91 million.

For the full year 2016, the company expects sales of €70.67 million, operating profit of €4.81 million, EBIT of €4.81 million, EBT (Earnings before income taxes) of €4.21 million, net income attributable to shareholders of €3.39 million, basic earnings per share of €0.35, cash flow from operating activities of €27.43 million and CAPEX of €25.91 million.

For the full year 2017, the company expects sales of €76.08 million, operating profit of €6.09 million, EBIT of €6.09 million, EBT (Earnings before income taxes) of €5.49 million, net income attributable to shareholders of €3.78 million, basic earnings per share of €0.39, cash flow from operating activities of €27.72 million and CAPEX of €26.41 million.