SAG GEST - Soluções Automóvel Globais, SGPS, SA announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the six months, the company reported sales of €232.038 million against €184.816 million a year ago. EBITDA was €7.655 million against €4.973 million a year ago. LBT was €4.335 million against €5.133 million a year ago. Consolidated net loss attributable to company was €6.240 million against €6.208 million a year ago. Consolidated turnover was €236.7 million compared to €190.559 million a year ago as a result of increased profitability in all business units. Consolidated EBIT was €6.3 million, a €2.5 million (66.1%) increase when compared with the same period in 2013. Consolidated net debt as at 30 June 2014 was €274.6 million, a €10.4 million increase in comparison to 31 December 2013.

For the quarter, the company reported sales of €129.374 million against €100.135 million a year ago. EBITDA was €5.002 million against €2.794 million a year ago. LBT was €1.368 million against €1.797 million a year ago. Consolidated net loss was €2.786 million against €2.520 million a year ago. Consolidated turnover was €131.665 million compared to €102.993 million a year ago. EBIT was €4.349 million compared to €2.224 million a year ago.