SW Umwelttechnik announced earnings results for the second quarter and six months ended June 30, 2013. For the quarter, turnover was increased by 10% to €17.8 million compared to €16.2 million in 2012 and earnings were also raised. EBIT increased to €1.2 million compared to €0.8 million in 2012 and EBITDA to €2.2 million compared to €1.8 million in 2012. Profits on ordinary activities amounted to €0.9 million, the development of the HUF exchange rate contributed to the improved financial result.

For the six months period, the company reported turnover of €23.2 million compared to €24.0 million a year ago due to the on-going difficult market situation and the adverse weather conditions. EBIT has already been increased to the same level as in the previous year and a positive EBITDA could be reported at €0.8 million. LBIT has been increased to €1.0 million and EBITDA to €0.8 million so on the same level as in the previous year. Financial loss amounted to €1.4 million, which is €1.5 million lower than in the previous year, this is due to non cash-affecting negative spreading and special revenue not being applicable. Profit on ordinary activities of €2.5 million is thus still lower compared to loss on ordinary activities of €0.9 million in 2012.

The company expects improved company earnings with a slight increase in turnover for the full year 2013.