ALBA SE reported earnings results for the first half ended June 2016. For the period, the company has posted earnings before taxes of EUR 11.7 million compared to EUR 16 million during the same period the year before in the first six months of 2016. EBITDA amounted to EUR 16 million against EUR 24.7 million a year ago. The revenues in the first half of 2016 fell compared to the first six months of 2015 by around EUR 301.5 million to EUR 491.1 million.

In 2016, the company expects to see a considerable fall in turnover compared to the financial year 2015. The EBITDA will ­ in contrast to the forecast at the beginning of the year ­ only reduce moderately compared to 2015. The EBT will continue to increase, meaning that an exceptional increase can be expected due to the more favorable development of the EBITDA and the recurring, unplanned amortizations that will not be of the same extent as in 2015.