Daldrup & Söhne AG reported earnings results for the full year of 2017. For the period, the company reported sales of EUR 24.8 million compared to EUR 31.1 million a year ago, sales were down on the previous year as a large drilling project in the Netherlands - which has since been invoiced - could not be finally invoiced. Earnings before interest, taxes, depreciation and amortization was EUR 4.7 million compared to EUR 4.6 million a year ago. Earnings before interest and taxes was EUR 1.1 million compared to EUR 951,000 a year ago. Consolidated net income was EUR 20,000 compared to EUR 152,000 a year ago. Earnings per share were EUR 0.00 compared to EUR 0.03 a year ago.

For the 2018 fiscal year, due to the excellent order situation, the Group's Management Board expects total output of around EUR 40 million and an EBIT margin between 2% and 5% for the current 2018 fiscal year. For the first time ever, the forecast also include sales of EUR 5 million and an EBIT contribution of around EUR 1 million from the geothermal power plants in Landau and Taufkirchen (both in Germany).