Toupargel Groupe SA announced consolidated earnings results for the second quarter and first half ended June 30, 2015. For the first half, the company reported sales of €151.8 million against €148.9 million a year ago. Current operating loss was €0.4 million against €1.1 million a year ago. Operating loss was €0.4 million against €1.1 million a year ago. Group net loss was €0.2 million against €0.6 million a year ago. Loss per share was €0.02 against €0.06 a year ago. Cash flow was €3.2 million against €3.1 million a year ago. Cash flow per share was €0.31 against €0.30 a year ago. Net debt as of June 30, 2015 was €32.3 million against €22.7 as of December 31, 2014. Capital expenditure was €2.5 million against €5.0 million a year ago. Sales excluding Eismann were €133.9 million against €137.3 million a year ago.

For the quarter, the company reported sales of €72.4 million against €80.0 million a year ago. Sales excluding Eismann were €63.6 million against €68.4 million a year ago.

In light of the first-half figures, the management expects full-year sales at constant scope to be slightly down, confirming an improvement against 2014. Forecasted cash flow and a return to more typical capex levels (€6 million) ­ following a year of exceptional capex (€14.5 million), in part related to the renewal of Eismann's vehicle fleet ­ should lead to a significant reduction in debt.