Reditus - Sociedade Gestora de Participações Sociais, SA. announced consolidated earnings results for the year ended December 31, 2012. For the year, the company announced total operating revenue of EUR 127,975,928 compared to EUR 110,111,800 for the same period a year ago.

Before-tax results were EUR 5,159,117 compared to loss before tax of EUR 15,515,670 for the same period a year ago. Result from on-going operations was EUR 1,054,786 compared to loss from on-going operations of EUR 13,332,411 for the same period a year ago. Net results were EUR 279,502 compared to net loss of EUR 13,940,842 for the same period a year ago.

EBITDA was EUR 16,054,430 compared to EUR 2,829,848 for the same period a year ago. The operating result (EBIT) was a positive EUR 11.4 million, in contrast to the negative EUR 8.4 million of 2011. Net debt at the end of the period was EUR 68.6 million compared to EUR 73.6 million for the same period a year ago.

Revenue performance was driven by a strong growth of 47.9% in the international sector, the EUR 49.9 million representing 39% of the total business of the company, a figure that was 31.0% the year before.