Technotrans AG reported earnings results for the third quarter and nine months of 2015. EBITDA was EUR 3.1 million against EUR 2.5 million reported last year. Net income was EUR 1.6 million against EUR 1.1 million reported last year. For the quarter, the company reported revenue of EUR 31.3 million compared to EUR 27.9 million reported in the same period last year. EBIT was EUR 2.3 million against EUR 1.7 million reported last year.

For the nine months, the company increased revenue by 11.5% year on year to EUR 91.6 million from EUR 82.2 million reported in the same period last year. Operating profit (EBIT) grew 43.4% to EUR 6.8 million from EUR 4.7 million reported last year. EBITDA was EUR 9.1 million against EUR 6.9 million reported last year. Net income was EUR 4.5 million against EUR 3.0 million reported last year.

For the year 2015, the company reported revenue target of EUR 120 million. For net profit, too, the original goal of an EBIT margin of 7.3% could be just exceeded. The actual result will depend on whether certain projects are completed as planned by the end of the year or whether they will run on into the next financial year.