Grupo Soares da Costa SGPS SA announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported turnover of EUR 153,147,974 against EUR 229,780,091 a year ago. Operating income was EUR 154,928,711 against EUR 230,547,127 a year ago. Loss before taxes was EUR 4,515,178 against EUR 7,747,267 a year ago. Net loss attributable to the group was EUR 7,261,864 against EUR 7,323,541 a year ago. Diluted loss per share was EUR 0.045 against EUR 0.046 a year ago. Cash flow from operational activities was EUR 2,286,848.

For the period, the company reported turnover of EUR 315,924,550 against EUR 428,502,023 a year ago. Operating income was EUR 305,705,438 against EUR 433,530,008 a year ago. Loss before taxes was EUR 7,262,358 against EUR 16,346,368 a year ago. Net loss attributable to the group was EUR 9,237,635 against EUR 13,950,912 a year ago. Diluted loss per share was EUR 0.058 against EUR 0.087 a year ago. Cash flow from operational activities was EUR 7,240,297 against EUR 32,838,715 a year ago.