Bourbon reported consolidated earnings results for the six months ended June 30, 2018. For the six months, the company reported revenues of €311.5 million against €419.7 million a year ago. EBITDA was €11.1 million against €51.2 million a year ago. Operating loss (LBIT) was €158 million against income of €90.8 million a year ago. Net loss was €193.7 million against €170.4 million a year ago. EBITDAR excluding capital gains was €62.3 million against €136.8 million a year ago. EBITDA excluding capital gains was €11.1 million against €51.2 million a year ago. Net loss (Group share) was €197.1 million against €170.1 million a year ago. Loss per share was €2.55 against €2.21 a year ago. Net Cash flow from operating activities was €80.8 million against €90.4 million a year ago. Acquisition of property, plant and equipment and intangible assets was €21.8 million against €17.0 million a year ago. Adjusted revenues were €340.1 million against €459.5 million a year ago. Adjusted EBITDAR (ex. cap. gains) was €70.6 million against €145.1 million a year ago. Adjusted LBITDA was €2.2 million against EBITDA of €59.6 million a year ago. Adjusted LBIT was €153.5 million against earnings of €87.0 million a year ago. The free cash flow is up by at €69.2 million in the first half 2018.