Ermes Department Stores Plc reported consolidated earnings results for the full year 2018. In 2018 the Group of Ermes Department Stores Plc recorded a turnover EUR 161 million, compared to EUR 157 million in 2017. The loss after tax of the Ermes Group in 2018 was EUR 21.6 million, compared to a loss of EUR 0.4 million in 2017, mainly due to impairment of goodwill of EUR 18 million, which does not constitute a cash outflow.