Sonae Indústria reported audited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported turnover of EUR 58.2 million against EUR 52.3 million a year ago. Recurrent EBITDA was EUR 6.5 million against EUR 5.2 million a year ago. Operational loss was EUR 0.7 million against profit was EUR 1.5 million a year ago. LBT was EUR 4.7 million against EUR 3.4 million a year ag o. Loss from continued operations was EUR 6.4 million against EUR 3.5 million a year ago. Net profit attributable to shareholders was EUR 32.3 million against loss of EUR 7.8 million a year ago. For the year, the company reported turnover of EUR 240.9 million against EUR 227.91 million a year ago. Recurrent EBITDA was EUR 38.4 million against EUR 29.9 million a year ago. Operational profit was EUR 22.6 million against EUR 14.8 million a year ago. EBT was EUR 11.6 million against EUR 8.9 million a year ago. Profit from continued operations was EUR 3.1 million against EUR 5.1 million a year ago. Net profit attributable to shareholders was EUR 11.0 million against loss of EUR 36.0 million a year ago. Net debt was EUR 213.5 million against EUR 270.1 million a year ago. Additions to Gross Tangible Fixed Assets reached EUR 8.3 million compared with EUR 9.9 million a year ago, on a like for like basis. During this period, the majority of the investments were executed in North American plant, mainly explained by the investment in the new melamine press.