Car parts manufacturer Elringklinger Group (EGKLF.PK) posted a flat net income of 24.6 million euros in the first quarter of 2013, with net income attributable to shareholders dropping 1.7% to 23.8 million euros, from 24.2 million euros. Quarterly net income after non-controlling interests amounted to 23.8 million euros, compared with 24.2 million euros a year before.
At 35.8 million euros, earnings before interest and taxes or EBIT fell 4.0% short of the Group's buoyant earnings performance recorded last year. EBITDA for the period stood at 54.3 million euros, down from the prior year's 57.0 million euros.
Sales revenue increased 1.1% to 286.8 million euros, from 283.8 million euros a year earlier.
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