HWA AG announced preliminary earnings results for the first six months of 2014. For the period, the company show sales revenues of EUR 37.9 million, as compared with EUR 29.4 million for the same period last year. The revenue growth was principally attributable to the motor racing business. Following several years of restrictions, at the end of the 2013 season the ban on race car development was lifted. Under the current DTM regulations the manufacturers enjoy the freedom to carry out extensive development work on their cars. In the 2014 season Mercedes-Benz is racing seven rather than six cars in the DTM, which accounts for the overall increase in turnover. As was expected, sales of vehicles and vehicle components remained stable. However, the company's earnings indicators for the first half of 2014 were down in comparison with the same period last year. EBIT fell from EUR 2.1 million to EUR 0.9 million. Profit after interest and tax came to EUR 0.5 million, after EUR 1.5 million in first the half of 2013.

Based on analysis of the figures for the first half of 2014 and the budget for the second half, the company expects a profit for the year as a whole, but EBIT and net profits will be considerably less than they were in 2013. Sales revenues, on the other hand, are expected to be slightly higher.