Martifer SGPS, S.A. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the nine months, the company's sales and services rendered was EUR 178.9 million compared with EUR 134.1 million a year ago. Loss before tax of continued operational units was EUR 13.2 million compared with EUR 52.1 million a year ago. Loss after tax of continued operational units was EUR 14.1 million or EUR 0.1371 per diluted share compared with EUR 54.4 million or EUR 0.4789 per diluted share a year ago. Loss attributable to owners of the company was EUR 14.1 million or EUR 0.144 per share compared with EUR 60.3 million or EUR 0.616 per share a year ago. Net cash generated by operating activities was EUR 17.6 million compared with net cash used by operating activities of EUR 7.3 million a year ago. Payments arising from tangible assets were EUR 2.8 million compared with EUR 11.3 million a year ago. Payments arising from intangible assets were EUR 0.27 million compared with EUR 0.11 million a year ago. Revenues were EUR 205.4 million compared with EUR 158.2 million a year ago. EBITDA was EUR 12.5 million compared with EUR 8.5 million a year ago. EBIT was EUR 1.8 million compared with EBIT loss of EUR 35.1 million a year ago.

For the quarter, the company's sales and services rendered was EUR 55.1 million compared with EUR 42.9 million a year ago. Loss before tax of continued operational units was EUR 3.9 million compared with EUR 31.6 million a year ago. Loss after tax of continued operational units was EUR 4.1 million compared with EUR 31.9 million a year ago. Loss attributable to owners of the company was EUR 5.6 million or EUR 0.0478 per diluted share compared with EUR 29.8 million or EUR 0.2541 per diluted share a year ago. Net cash generated by operating activities was EUR 10.2 million compared with EUR 2.5 million a year ago. Payments arising from intangible assets was EUR 0.22 million. As on September 30, 2015, the company's net debt was EUR 276 million.

The company announced impairment losses of EUR 19,233 for the third quarter ended September 30, 2015.