Sfakianakis SA reported group and company earnings results for the first quarter ended March 31, 2014. Group's turnover in the first quarter of 2014 amounted to EUR 46.4 million, presenting an increase of 28.1% compared to the turnover the first quarter of 2013. Group returned to operating profitability with EBITDA at EUR 1.5 million versus a loss of EUR 0.2 million the relevant period of 2013. Loss before tax presented a remarkable improvement and amounted to EUR 6.1 million against EUR 8.0 million the first quarter of 2013.

For the quarter, the company's turnover has been significantly improved by 42.8% reaching EUR 40.9 million. Operating loss for the company has been improved by 65.5% closing at 0.6 million. Loss before tax was EUR 4.2 million against EUR 5.3 million a year ago.