Damiani SpA reported consolidated earnings results for the first quarter ended June 30, 2014. Total revenues were 30.8 million compared to 33.1 million recorded in the same period of the previous year. EBITDA was 1.3 million against LBITDA of 0.6 million last year.
Operating loss was 0.1 million compared to 1.4 million last year. Loss before taxes was 0.5 million compared to 1.7 million last year. Net loss was 1.0 million or 0.01 per basic share against 2.0 million or 0.03 per share last year.
At June 30, 2014, the group had a net debt of 41.4 million, essentially stable compared with 40.7 million at March 31, 2014.