At Euro 154.4 million, cumulative sales in the first six months of 2013 were 2.2 % lower than in the same period in the previous year. In Germany, at Euro 86.7 million, sales were 2.7 % lower than in the previous year. In the Rest of Europe, sales rose by 1.9 % to Euro 41.2 million. In the USA / Rest of the World, sales were 10.7 % lower than in the previous year, at Euro 25.3 million.
The 2Q operating result (EBITA) amounted to Euro 2.7 million (previous year: Euro 1.1 million). The EBITA thus more than doubled, making up significant ground following a slow start to the year.
Following the strong 2Q, the operating result (EBIT) in the first half year is now higher than in the previous year (Euro 2.7 million, compared to Euro 2.5 million in the previous year). The individual segments developed as follows in the first six months of the year: In Germany, the modest first quarter was almost made up for over the first half year as a whole. EBITA amounted to Euro 3.7 million (previous year: Euro 3.9 million). In the Rest of Europe EBITA fell slightly, from Euro 2.4 million to Euro 2.1 million. This was mainly due to lower results for our Belgian location in Tienen. The USA / Rest of the World segment realized a result of – Euro 0.8 million (previous year: + Euro 0.2 million). Data Packaging suffered here following the cancellation of orders from a major client. The EBITA loss of Deufol SE (the holding company) declined sharply, to Euro 2.2 million, compared to Euro 3.9 million in the previous year.
Earnings before taxes (EBT) in the first six months of the year were Euro 1.1 million (previous year: Euro 0.8 million). After income tax expenses (Euro 1.2 million), income from continuing operations is almost balanced, at – Euro 0.08 million, compared to – Euro 0.66 million in the first six months of 2012. The result for the period also amounted to – Euro 0.08 million (previous year: – Euro 0.95 million). After deduction of the profit shares of noncontrolling interests (Euro 0.07 million), there is a net loss of Euro 0.14 million (previous year: loss of Euro 1.2 million) attributable to the shareholders of Deufol SE. Earnings per share in the first six months were – Euro 0.003 (previous year: – Euro 0.026).
Deufol Group is a global premium-provider of packaging services and associated services. Its performance range includes Export & Industrial Packaging, Automated Packaging, Data Packaging, Promotional & Display Packaging and services supplementary to the packaging process.
