Biancamano S.p.A. reported consolidated and parent financial results for the year ended Dec. 31, 2013. For the year, the group reported revenues of €178,602,000 against €248,094,000 for the last year. EBITDA was €9,501,000 against €18,843,000 for the last year. LBIT was €19,163,000 against €1,473,000 for the last year. Loss before taxes was €29,283,000 against €9,698,000 for the last year. Net loss from continuing operations was €25,042,000 against €10,686,000 for the last year. Net loss pertaining to Group was €25,042,000 against €10,686,000 for the last year. Diluted Group net loss per share was €0.77 against €0.33 for the last year. Diluted Group net loss from continuing operations per share was €0.77 against €0.33 for the last year. Cash flow generated by operating activities was €11,342,000 against outflow of €9,264,000 for the last year. Increase in intangible/tangible fixed assets was €102,000 against €17,288,000 for the last year.

For the year, the parent company reported revenues of €5,920,000 against €6,004,000 for the last year. EBITDA was €4,297,000 against €1,035,000 for the last year. EBIT was €4,511,000 against €5,931,000 for the last year. Profit before taxes was €4,503,000 against €3,744,000 for the last year. Net profit from continuing operations was €3,356,000 against €2,121,000 for the last year. Net loss for the current period was €3,356,000 against €2,121,000 for the last year. Cash flow generated by operating activities was €7,166,000 against €5,426,000 for the last year. Increase in intangible/tangible fixed assets was €3,000 against €38,000 for the last year.