SDC- Investimentos, SGPS, SA Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
For the six months, the company reported turnover of EUR 6,543,109 against EUR 29,577,971 a year ago. Operational gains and income was EUR 6,517,000 against EUR 16,265,900 a year ago. Loss before taxes was EUR 5,547,465 against EUR 4,177,389 a year ago. Net loss attributable to the group was EUR 6,518,346 against EUR 9,237,635 a year ago. Basic and diluted loss per share was EUR 0.041 against EUR 0.058 a year ago. Cash flow from operational activities was EUR 2,522,999 against EUR 13,156,473 a year ago. LBITDA was EUR 321,800 against EBITDA of EUR 5,427,700 a year ago. Operational loss from continued activities was EUR 2,390,900 against operational results from continued activities of EUR 2,559,300 a year ago. Net loss from continued activities was EUR 5,975,600 against net earnings from continued activities of EUR 4,015,800 a year ago. Net debt as of June 30, 2014 amounted to EUR 313.0 million, corresponding to a reduction compared with the restated figure as of December 31, 2013 of EUR 323.1 million. Payment for fixed tangible assets was EUR 145,382 against EUR 12,798 a year ago.