Italiaonline S.p.A. announced consolidated earnings results for the year ended December 31, 2016. For the year, the company's revenues from sales and services were EUR 389.5 million compared with EUR 449.6 million a year ago. Gross operating profit was EUR 85.7 million compared with EUR 67.9 million a year ago. Operating income before amortization, depreciation, non-recurring and restructuring costs, net (EBITDA) was EUR 63.9 million compared with EUR 44.1 million a year ago. Operating income was EUR 0.7 million compared to loss of EUR 27.0 million a year ago. Loss before income taxes was EUR 0.7 million compared to EUR 30.3 million a year ago. Profit on continuing operations was EUR 22.7 million compared with loss of EUR 16.6 million a year ago. Profit for the year pertaining to the group was EUR 22.7 million compared with loss of EUR 12.6 million a year ago. Profit for the period was EUR 22.7 million compared to loss of EUR 16.4 million a year ago. As on December 31, 2016, the company's net financial debt was EUR 122.1 million. Capital expenditure was EUR 23.2 million compared with EUR 38.8 million a year ago. Operating free cash flow was EUR 55.6 million compared with EUR 21.1 million a year ago. Adjusted EBITDA was EUR 67 million. Adjusted net profit was EUR 39 million.