Lojas Americanas S.A. announced consolidated and parent earnings results for the second quarter and six months ended June 30, 2017. For the quarter, on consolidated basis, the company reported net sales and services revenue of BRL 4,100.9 million against BRL 3,942.9 million a year ago. Operating income before net financial result was BRL 479.3 million against BRL 459.5 million a year ago. Net financial loss was BRL 430.0 million against BRL 438.3 million a year ago. Net income was BRL 62.7 million against BRL 50.6 million a year ago. Adjusted EBITDA was BRL 673.1 million against BRL 610.8 million a year ago. For the six months, on consolidated basis, the company reported net sales and services revenue of BRL 7,671.4 million against BRL 7,876.1 million a year ago. Operating income before net financial result was BRL 748.7 million against BRL 819.7 million a year ago. Net financial loss was BRL 1,024.4 million against BRL 916.4 million a year ago. Net loss was BRL 70.2 million against income of BRL 26.6 million a year ago. Adjusted EBITDA was BRL 1,122.6 million against BRL 1,120.1 million a year ago. Adjusted net income was BRL 905.9 million against BRL 963.0 million a year ago. Net cash used in operating activities was BRL 1,353.5 million against BRL 1,844.0 million a year ago. Investment in plant, property and equipment was BRL 345.2 million against BRL 201.4 million a year ago. Net cash (debt) as at June 30, 2017 was BRL 5,417.2 million against BRL 5,801.9 million a year ago. For the quarter, on parent basis, the company reported net sales and services revenue of BRL 2,716.0 million against BRL 2,221.0 million a year ago. Operating income before net financial result was BRL 424.2 million against BRL 369.8 million a year ago. Net financial loss was BRL 222.3 million against BRL 226.3 million a year ago. Net income was BRL 62.7 million against BRL 50.6 million a year ago. Adjusted EBITDA was BRL 536.6 million against BRL 452.7 million a year ago. For the six months, on parent basis, the company reported net sales and services revenue of BRL 4,828.0 million against BRL 4,591.9 million a year ago. Operating income before net financial result was BRL 675.3 million against BRL 675.7 million a year ago. Net financial loss was BRL 542.4 million against BRL 470.4 million a year ago. Net loss was BRL 70.2 million against income of BRL 26.6 million a year ago. Adjusted EBITDA was BRL 877.2 million against BRL 834.1 million a year ago. Adjusted net income was BRL 807.8 million against BRL 811.9 million a year ago. Net cash used in operating activities was BRL 526.1 million against BRL 931.5 million a year ago. Investment in plant, property and equipment was BRL 342.9 million against BRL 183.7 million a year ago. Investment in intangible was BRL 57.0 million against BRL 41.0 million a year ago. Net cash (debt) as at June 30, 2017 was BRL 3,491.7 million against BRL 3,972.4 million a year ago.