Texaf S.A. reported consolidated earnings results for the year ended December 31, 2013. For the period, the company's revenues from ordinary activities were EUR 18,619,000 against EUR 17,248,000 a year ago. Recurring operating result was EUR 6,457,000 against EUR 4,849,000 a year ago. Operating result was EUR 6,407,000 against EUR 4,701,000 a year ago. Result before tax (of continued operations) was EUR 9,012,000 against EUR 4,558,000 a year ago. Net result after tax was EUR 6,949,000 against EUR 7,564,000 a year ago. Net result (group's share) was EUR 6,479,000 against EUR 6,516,000 a year ago. Operating result per share was EUR 2.01 against EUR 1.47 a year ago. Net result (group's share) per share was EUR 2.03 against EUR 2.04 a year ago. Cash flows from operating activities were EUR 7,099,000 against EUR 5,956,000 a year ago.

For 2014, and provided there are no unforeseen events, the Group expects a significant rise in the recurring operating result.