M&C SpA reported consolidated and standalone earnings results for the full year ended December 31, 2012. For the period, on consolidated basis, the net loss of €3,925,000 or €0.0096 per basic and diluted share against net loss of €9,113,000 or €0.0224 per basic and diluted share a year ago. Operating loss was €3,507,000 compared to €3,198,000 a year ago. Pre-tax loss was €3,913,000 compared to €671,000 a year ago. Loss from continuing operations was €3,925,000 compared to €671,000 a year ago.

For the period, on standalone basis, the net loss of €1,801,973 or €0.0044 per basic and diluted share against net loss of €2,492,030 or €0.0061 per basic and diluted share a year ago. Operating loss was €3,501,033 compared to €3,176,263 a year ago. Net financial income was €1,767,001 compared to €1,126,783 a year ago. Pre-tax loss was €1,789,717 compared to €2,492,030 a year ago. Loss from continuing operations was €1,801,973 compared to €2,492,030 a year ago.