CIMPOR - Cimentos De Portugal, SGPS, S.A. reported consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, sales and services rendered were EUR 452,871,000 against EUR 454,133,000 a year ago. Net operating income was EUR 36,655,000 against EUR 35,556,000 a year ago. Loss before income tax was EUR 25,423,000 against EUR 40,268,000 a year ago. Net loss for the period attributable to equity holders of the parent was EUR 34,398,000 against EUR 40,740,000 a year ago. Loss per share of operations – basic and diluted was EUR 0.05 against EUR 0.06 a year ago. Cash flows used in operating activities was EUR 33,798,000 against EUR 18,181,000 a year ago. Payments relating to tangible assets were EUR 43,391,000 against EUR 28,281,000 a year ago. Payments relating to intangible assets were EUR 709,000 against EUR 97,000 a year ago. Adjusted EBITDA was EUR 89 million against EUR 81 million a year ago. Operational cash flow (EBITDA) was EUR 84.1 million against EUR 80.1 million a year ago. Operating Income (EBIT) was EUR 36.7 million against EUR 35.6 million a year ago. Net debt increased 4% to EUR 3,509 million.