F.G. Europe S.A. announced consolidated and company earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported turnover was €14,648,000 compared to €20,990,000 for the same period a year ago. Operating profit was €169,000 compared to €3,117,000 for the same period a year ago. EBITDA was €1,328,000 compared to €3,821,000 for the same period a year ago. LBT was €944,000 compared to EBT was €1,857,000 for the same period a year ago. Net loss was €776,000 or €0.0070 per share compared to net profit of €1,532,000 or €0.0221 per share for the same period a year ago.

For the period, on parent company basis, the company reported turnover was €13,297,000 compared to €17,624,000 for the same period a year ago. Operating profit was €900,000 compared to €1,971,000 for the same period a year ago. EBITDA was €1,187,000 compared to €1,780,000 for the same period a year ago. EBT was €51,000 compared to €1,232,000 for the same period a year ago. Net profit was €21,000 or €0.0004 per share compared to net profit of €885,000 or €0.0168 per share for the same period a year ago.