SW Umwelttechnik Stoiser & Wolschner AG reported earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company has posted turnover of €23.2 million against €20.7 million a year ago. EBIT was €1.7 million against €1.8 million a year ago. EBITDA was €2.7 million against €1.8 million a year ago. Profit on ordinary activities was €1 million compared to €1 million a year ago.

For the nine months, the company has posted turnover of €46.3 million against €44.7 million a year ago. EBIT was €0.7 million against €0.8 million a year ago. EBITDA was €3.5 million against €3.6 million a year ago. EBITDA sank slightly from €3.6 million to €3.5 million. Earnings were €0.7 million compared to €0.8 million a year ago. Loss on ordinary activities was €1.4 million compared to profit of €0.1 million a year ago. The increase in revenue results mainly from EU-subsidised projects in Hungary and Romania.

For year 2013, The company foresees no changes in the market environment and expect a slight increase of turnover and expects stabilizing operative results.