Muehlhan reports an increase in sales and earnings at the end of the first half of 2014

Muehlhan reports an increase in sales and earnings at the end of the first half of 2014

Muehlhan AG (Entry Standard; ISIN DE000A0KD0F7) ended the first half of the year with net income attributable to the equity holders of € 1.0 million (previous year: also € 1.0 million). After a subdued first quarter, there was a significant upward trend in the second quarter. During the first three months of the fiscal year, the Group had reported a loss of approximately - € 0.2 million. Overall, the company generated sales revenues of € 106.7 million during the period from January to the end of June 2014. EBIT increased from € 2.3 million the previous year to € 3.0 million.