Damiani SpA reported consolidated earnings results for the six months ended September 30, 2014. For the six months, the company reported total revenues were €62,110,000 against €65,053,000 a year ago. EBITDA was €119,000 against LBITDA of €3,043,000 a year ago.

Operating Loss was €2,224,000 against €4,622,000 a year ago. Loss before taxes was €3,634,000 against €5,891,000 a year ago. Net loss of the Group was €3,431,000 or €0.04 per basic share against €6,136,000 or €0.08 per basic share a year ago.

At 30 September 2014, the group had net borrowing of €47.0 million compared to €40.8 million at 31 March 2014.