Intek Group S.p.A. reported consolidated earnings results for the nine months ended September 30, 2013. For the period, the company reported revenue of EUR 1,814.6 million against EUR 1,982.6 million a year ago. EBITDA was EUR 53.4 million against EUR 39.7 million a year ago.

EBIT was EUR 21.7 million against EUR 5.6 million a year ago. Consolidated net loss before taxes was EUR 13.0 million against EUR 29.9 million a year ago. Net debt as of September 30, 2013 was EUR 200.9 million against EUR 242.2 million as on September 30, 2012.

Loss attributable to owners of the parent was EUR 17.00 million against EUR 35.70 million a year ago. Cash flow from operating activities was EUR 159.7 million against cash used in operating activities of EUR 128.7 million a year ago. Increase in non-current intangible assets and property, plant and equipment was EUR 0.9 million.

Consolidated revenue totaled EUR 1,814.6 million for a decrease of 8.5% compared with the EUR 1,982.6 million reported in 2012. This contraction reflects the impact of a reduction in sales volumes (-4.2%) and lower average prices for raw materials.