VTG Aktiengesellschaft announced earnings results for the first quarter ended March 31, 2016. For the period, the company reported revenue of €243.8 million against €251.7 million a year ago. EBITDA was €81.6 million against €83.6 million a year ago. EBIT was €34.9 million against €34.8 million a year ago. EBT was €18.1 million against €8.9 million a year ago. Group net profit was €11.8 million against €5.3 million a year ago. Capital expenditure was €51.6 million against €50.5 million a year ago. Operating cash flow was €66.3 million against €93.2 million a year ago. Earnings per share were €0.30 against €0.10 a year ago.

For the full year 2016, the company expects to achieve group revenue of between €1.03 billion and €1.07 billion and EBITDA of between €345 million to €355 million.