StarragHeckert Holding AG reported earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported sales revenue of CHF 97.5 million against CHF 83.8 million a year ago. Operating profit EBIT was CHF 5.0 million against CHF 4.3 million a year ago. Net income was CHF 2.8 million against CHF 2.9 million a year ago. Earnings per share were CHF 0.81 against CHF 1.15 a year ago. Negative cash flow from operating activities was CHF 0.1 million against CHF 4.8 million a year ago. Capital expenditures were CHF 2.6 million against CHF 69.7 million a year ago. Return on equity was 6.3% against 10.6% a year ago. Net income increased less than operating profit EBIT as the negative financial result of CHF 0.9 million was below prior year period's financial result of CHF 1.2 million. This is due to one-time currency gains recorded in the first quarter of 2011. For 2012 the company confirms the previously communicated outlook. Based on a high order backlog of CHF 235 million, assuming a stable economy, an increase of sales revenue, order intake and earnings in 2012 is expected.