M&C S.p.A. reported unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, operating loss was EUR 350,000 against EUR 410,000 a year ago. Pre-tax profit was EUR 106,000 against loss of EUR 112,000 a year ago.

Post-tax profit from continuing operations was EUR 81,000 against loss of EUR 121,000 a year ago. Basic and diluted earnings per share were EUR 0.0002 against loss of EUR 0.0003 a year ago.