Toupargel-Agrigel reported unaudited consolidated earnings results for the first half ended June 30, 2012. For the period, sales were EUR 163.2 million against EUR 168.5 million a year ago. Operating income was EUR 3.1 million against EUR 8.0 million a year ago. Net income (Group share) was EUR 1.1 million or EUR 0.11 per share against EUR 4.8 million or EUR 0.46 per share a year ago. Operating cash flow was EUR 6.4 million against EUR 9.3 million a year ago. Cash flow per share was EUR 0.62 against EUR 0.89 a year ago. Net debt was EUR 16.6 million against EUR 17.5 million a year ago. Capital expenditure was EUR 4.1 million against EUR 2.6 million a year ago. Net assets per share were EUR 7.8 against EUR 7.7 a year ago. For the full year of 2012, the company expects annual sales to be down by 3% and the operating margin to come to between 2.5% and 3%.