CIMPOR - Cimentos De Portugal, SGPS, S.A. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the third quarter, the company reported operating income from sales and services rendered of EUR 625,118,000 against EUR 709,096,000 a year ago. Total operating income was EUR 627,974,000 against EUR 720,580,000 a year ago. Net operating income was EUR 69,897,000 against EUR 124,159,000 a year ago. Loss before income tax was EUR 37,254,000 against profit before income tax of EUR 13,526,000 a year ago. Net loss for the period was EUR 29,850,000 against EUR 14,907,000 a year ago. Net loss for the period attributable to the equity holders of the parent was EUR 26,736,000 against EUR 17,530,000 a year ago. Basic and diluted earnings per share of operations were EUR 0.04 against 0.03 a year ago. Cash flows from operating activities were EUR 158,423,000 against EUR 173,436,000 a year ago. Payments relating to tangible assets were EUR 31,415,000 against EUR 35,496,000 a year ago. Payments relating to intangible assets were EUR 1,317,000 against EUR 63,000 a year ago.

For the nine months, the company reported operating income from sales and services rendered of EUR 1,927,916,000 against EUR 1,952,216,000 a year ago. Total operating income was EUR 1,974,789,000 against EUR 1,975,224,000 a year ago. Net operating income was EUR 248,522,000 against EUR 321,500,000 a year ago. Loss before income tax was EUR 25,464,000 against profit before income tax of EUR 34,359,000 a year ago. Net loss for the period was EUR 42,684,000 against EUR 12,696,000 a year ago. Net loss for the period attributable to the equity holders of the parent was EUR 33,720,000 against EUR 17,729,000 a year ago. Basic and diluted earnings per share of operations were EUR 0.05 against 0.03 a year ago. Cash flows from operating activities were EUR 306,121,000 against EUR 326,556,000 a year ago. Payments relating to tangible assets were EUR 104,856,000 against EUR 137,849,000 a year ago. Payments relating to intangible assets were EUR 4,207,000 against EUR 2,328,000 a year ago. Net financial debt on 30 September 2015 amounted to EUR 3,290 million, which is 4.3% less than the value of 31 December 2014. In comparison with 30 September 2014, debt has fallen 9.4% from EUR 3,632 million, reflecting the demanding selectivity of investment policy, and strict control in the management of working capital observed over the past 12 months.