Sonae Indústria reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company’s turnover was EUR 59.5 million against EUR 57.4 million a year ago. EBITDA was EUR 9.7 million against EUR 7.1 million a year ago. Recurrent EBITDA was EUR 9.7 million against EUR 7.3 million a year ago. Operational profit (EBIT) was EUR 6.5 million against EUR 4.4 million a year ago. Profit before taxes (EBT) was EUR 8.0 million against EUR 1.6 million a year ago. Profit from continued operations was EUR 6.4 million against EUR 1.1 million a year ago. Net profit attributable to equity holders was EUR 6.4 million against EUR 3.2 million a year ago. Net debt as at March 31, 2017 was EUR 220.0 million against EUR 213.5 million in 2016. Sales were EUR 59,202,625 against EUR 57,045,601 a year ago. Diluted earnings per share were EUR 0.0006 against EUR 0.0001 a year ago. Net cash flow used in operating activities was EUR 1,288,825 against net cash flow from operating activities of EUR 1,381,152 a year ago. Cash payment arising from tangible fixed assets and intangible assets was EUR 3,177,674 against EUR 5,993,908 a year ago.