Panariagroup Industrie Ceramiche S.p.A. announced consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue from sales and services was EUR 72,057,000 compared to EUR 66,486,000 for the same period a year ago. Net operating profit was EUR 875 million compared to net operating loss of EUR 5,094,000 for the same period a year ago. Pre-tax profit was EUR 490 million compared to pre-tax loss of EUR 6,165 million for the same period a year ago. Net loss was EUR 111 million compared to EUR 4,317,000 for the same period a year ago.

For the nine months, the company reported revenue from sales and services was EUR 218,062,000 compared to EUR 207,887,000 for the same period a year ago. Net operating profit was EUR 661 million compared to net operating loss of EUR 3,481,000 for the same period a year ago. Pre-tax loss was EUR 1,240 million compared to EUR 6,136 million for the same period a year ago. Net loss was EUR 1,983 million compared to EUR 5,180,000 for the same period a year ago.