Itway Group Announces Consolidated Earnings Results for the First Half Ended June 30, 2018
Itway Group announced consolidated earnings results for the first half ended June 30, 2018. For the first half, the company reported revenues from sales of EUR 13,592,000 against EUR 21,853,000 a year ago. Negative EBITDA was EUR 913,000 against EUR 233,000 a year ago. Negative EBIT was EUR 1,219,000 against EUR 705,000 a year ago. Loss before taxes was EUR 1,168,000 against EUR 1,407,000 a year ago. Loss for the period was EUR 1,398,000 against EUR 1,252,000 a year ago. Diluted and basic loss per share was EUR 0.20 against EUR 0.18. Cash flow from operations was EUR 1,421,000 against EUR 9,177,000 a year ago. Additions in tangible assets (net of assets sold) were EUR 7,000 against EUR 23,000 a year ago.