Exacompta Clairefontaine SA reported consolidated earnings results for the first half ended June 30, 2014. For the period, the company reported revenue of EUR 265,549,000 against EUR 254,128,000 a year ago. Operating income after goodwill impairment was EUR 1,734,000 against operating loss after goodwill impairment of EUR 1,729,000 a year ago.

Income after tax was EUR 751,000 against EUR loss after tax of EUR 2,061,000 a year ago. Net income for the period was EUR 760,000 or EUR 0.67 per basic and diluted share against net loss of EUR 2,060,000 or EUR 1.82 per basic and diluted share a year ago. Net cash out flow from operating activities was EUR 15,329,000 against net cash flow from operating activities of EUR 26,460,000 a year ago.

Purchases of fixed assets were EUR 9,975,000 against EUR 26,489,000 a year ago. At June 30, 2014 the Group held cash of EUR 55,870,000, while net debt amounted to EUR 60,877,000.