Grupo Soares da Costa SGPS SA announced unaudited consolidated earnings results for third quarter and nine months ended September 30, 2013. For the quarter, the company reported turnover of EUR 164,017,349 against EUR 190,753,122 a year ago. Operating income was EUR 166,105,043 against EUR 190,828,192 a year ago. Loss before taxes was EUR 8,775,452 against EUR 3,721,082 a year ago. Net loss attributable to the group was EUR 6,791,265 against EUR 2,022,577 a year ago. Loss per share was EUR 0.042 against EUR 0.013 a year ago. Cash outflow from operational activities was EUR 32,836,001.

For the nine months, the company reported total turnover of EUR 479,941,900 against EUR 619,255,146 a year ago. Operating results was EUR 23,210,011 against EUR 31,315,150 a year ago. Net loss attributable to the group was EUR 16,028,900 against EUR 15,973,489 a year ago. EBITDA was EUR 48.0 million against EUR 65.4 million a year ago. Operating income was EUR 471,810,481 against EUR 624,358,200 a year ago. Loss before Taxes was EUR 16.0 million against EUR 20.1 million a year ago. Basic and diluted loss per share was EUR 0.100 against EUR 0.100 a year ago. Cash outflow from operational activities was EUR 25,595,704 against EUR 71,569,701 a year ago.