Half-year figures 2016: Gigaset returns to profitability

Gigaset AG is back in the black, reporting a positive income from ordinary activities (income before taxes) for 2016 of €0.6 million after a loss of €9.3 million in the previous year. EBIT improved by €16.7 million to €1.4 million. In view of the good first half of the year, the Gigaset AG Executive Board is raising its forecast for the whole of fiscal 2016. “We now expect to make a positive income from ordinary activities for the entire 2016,” as Chief Financial Officer Hans-Henning Doerr...