KPS AG reported audited consolidated earnings results for the year ended September 30, 2016. For the year, the company reported sales of EUR 144.9 million against EUR 122.9 million a year ago. EBIT was EUR 22.3 million against EUR 18.6 million a year ago. The group net result rose to EUR 19.3 million during the year under review after the year-earlier amount of EUR 18.0 million. The earnings per share also rose to EUR 0.55 against EUR 0.53 a year ago.

The company has made a successful start to the fiscal year 2017. The sales and earnings performance continued to be successful during the first quarter of the new business year. The Executive Board anticipates an increase in Group sales to a projected figure of EUR 160 million and an EBIT of EUR 25 million in the current fiscal year 2017.