HELSINKI, FINLAND – PKC Group reported revenue decreased 4% for the June quarter, compared to the same period last year, totaling EUR 235.1 million.
EBITDA before non-recurring items was EUR 20.6 million, 8.8% of revenue, down 10% year-over-year.
Operating profit before non-recurring items was EUR 13.3 million, 5.6% of revenue, down 12.5% compared to the same quarter in 2012.
For the first six months of 2013, revenue decreased 5.4% year-over-year to EUR 460.3 million.
EBITDA before non-recurring items for the first half of the year was EUR 39.4 million, down 8.8% year-over-year, and 8.6% of revenue.
Operating profit before non-recurring items for the first half was EUR 24.6 million, 5.3% of revenue, down 12.8% year-over-year.
PKC Group estimates its full year 2013 revenue to be lower than in 2012 and estimates its comparable operating profit not to reach the 2012 level. In 2012 PKC’s revenue was EUR 928.2 million and comparable operating profit was EUR 51.5 million.
EUR 1 = US$1.3386