Solucom SA reported consolidated earnings results for the half year ended September 30, 2012. For the period, the company reported net profit of €3,319,000 or €0.67 per diluted share on turnover of €59,475,000 against net profit of €2,018,000 or €0.41 per diluted share on turnover of €50,048,000 for the same period a year ago. EBIT was €4.3 million compared to €4.1 million a year ago. Operating profit of €4,867,000 compared to €4,089,000 a year ago. Profit before tax was €4,858,000 against €4,066,000 a year ago. Net cash used in operating activities was €342,000 against net cash inflow from operating activities of €597,000 a year ago. Acquisition of intangible and tangible assets was €486,000 compared to €562,000 a year ago.

At the profitability level, the company is maintaining its target of annual current operating margin in double figures, even if this target is becoming tighter due to present market difficulties.