Balda AG reported earnings results for the six months ended December 31, 2015. The company reported loss before income and taxes of EUR 2.6 million against the previous year's value of EUR 1.9 million due to detrimental special effects EUR 0.9 million. Essentially, the EBIT contains administration and consulting costs, which arose in connection with the transaction, the Annual General Meeting as well as the pending lawsuits.

Due to absent currency gains at a lower net interest result, the Group achieved an almost balanced net financial result, which in turn resulted in loss before taxes in the amount of EUR 2.6 million against earnings of EUR 2.9 million previous year. After taxes on income and profit, the Group loss amounted to EUR 2.2 million following earnings of EUR 1.9 million during the same period last year.