Grupo Soares da Costa SGPS SA Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012
For the nine months, the company reported turnover was 619.3 million against 629.8 million a year ago. EBITDA was 65.4 million against 70.5 million a year ago. Recurrent comparable EBITDA was 81.7 million against 71.1 million a year ago. EBIT was 31.3 million against 45.1 million a year ago. Loss before taxes was 20.1 million against earnings of 7.2 million a year ago. Net loss attributable to the group was 16 million against profit of 4.3 million a year ago. Basic and diluted loss per share of continued activities were 0.100 against profit of 0.027 a year ago. Basic and diluted loss per share was 0.100 against profit of 0.027 a year ago. Total net debt was 961.4 million as of September 30, 2012 against 916.3 million as of June 30, 2012. Operating income was 624.36 million against 643.66 million a year ago. Cash flow from operating activities was 71.57 million against 24.87 million a year ago. Payments for fixed tangible assets were 3.033 million against 4.84 million a year ago. Payments for intangible assets were 0.005 million against 0.887 million a year ago.