Zenitel reported consolidated earnings results for the six months ended June 30, 2016. For the period, revenue was EUR 34.2 million from continuing operations, which is in line with last year. Less revenue in the Oil & Gas market has been compensated with increased revenues from the Security market. The EBITDA from continuing operations is up with EUR 0.9 million compared to last year. A tight focus on product cost and operational efficiency is improving the company's performance. Operating Profit (EBIT) from continuing operations is up by EUR 0.3 million compared to last year. Net profit from continuing operations is EUR 1.1 million, compared to EUR 0.8 million last year.

The company is impacted by reduced investments in the Oil & Gas market that are expected to continue for at least another twelve months. The company is however focusing on multiple markets and therefore expects full year results to be in line with comparable 2015 results.