Damiani S.p.A. announced consolidated earnings results for the nine months ended 31 December 2013. For the period, the group revenues from sales and services were EUR 110.3 million, with an increase of 5.6% at constant exchange rates and 2.6% at current exchange rates in the same period of the previous financial year they were EUR 107.5 million. EBITDA was EUR 0.3 million, an improvement with respect to the EUR 0.8 million recorded at 31 December 2012.

The operating result was negative at EUR 2.2 million but improving in respect to the EUR 3.0 million at 31 December 2012. The negative net result was EUR 3.6 million, an improvement in respect to the EUR 4.7 million of 31 December 2012. Basic losses per share were EUR 0.05 compared to EUR 0.06 for the same period a year ago.

At December 31, 2013, the group had a net debt of EUR 45.4 million.