SAG GEST - Soluções Automóvel Globais, SGPS, SA announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2013. For the nine months, the company reported turnover of €284.642 million against €297.740 million a year ago. LBT was €6.224 million against €9.545 million a year ago. Loss attributable to the shareholders was €8.554 million against €8.580 million a year ago. Loss per share after tax was €0.0559 against €0.0561 a year ago. Net cash from operating activities was €5.193 million. Acquisitions of assets were €1.166 million. During the nine months ended on 30 September 2013, consolidated EBITDA was €6.9 million, an 8.0% increase when compared to the same period in 2012, reflecting a reduction in the cost structure which was higher than the decrease in business volume. Consolidated net debt as at 30 September 2013 was €286.4 million, a €43.5 million decrease in comparison to 31 December 2012.

For the quarter, the company reported turnover of €94.083 million against €89.380 million a year ago. LBT was €1.091 million against €1.727 million a year ago. Loss attributable to the shareholders was €2.319 million against €0.913 million a year ago. Loss per share after tax was €0.0152 against €0.0060 a year ago. In the third quarter, consolidated EBITDA was €2.0 million, 7.1% above the result achieved in the same period in 2012.