Sonae Indústria reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company’s turnover was EUR 54.3 million against EUR 59.5 million a year ago. EBITDA was EUR 5.7 million against EUR 9.7 million a year ago. Recurrent EBITDA was EUR 5.8 million against EUR 9.7 million a year ago. Operational profit (EBIT) was EUR 2.6 million against EUR 6.5 million a year ago. Profit before taxes (EBT) was EUR 4.5 million against EUR 8.0 million a year ago. Net profit for the period was EUR 3.8 million against EUR 6.4 million a year ago. Net debt as at March 31, 2018 was EUR 208.6 million against EUR 220.0 million in 2017. CAPEX of EUR 1.8 million compared to EUR 2.1 million a year ago.