SIDMA S.A. reported parent and consolidated earnings results for the nine months of 2015. For the period, on consolidated basis, the company's turnover amounted to €71.7 million compared to €74.8 million, presenting a drop by 4% compared to the same period of 2014, mainly due to the fall in sales prices by 3.5%. Along with dealership sales, it amounted to €93.2 million from €96.7 million last year. Compared to the same period last year, earnings before taxes showed a loss of €4.7 million from losses of €6.3 million, improved by 25%, while earnings before interest, taxes, depreciation and amortization (EBITDA) showed profits of €1,242,000 from €466,000 improved by 167%, mainly due to lower administrative and selling expenses by 15% or €1.6 million.

For the period, on parent basis, the company's turnover stood at €38.7 million from €42.0 million in the corresponding period of 2014, while together with dealership sales it amounted to €60.1 million from €63.8 million last year. At EBITDA level company recorded a profit of €717,000 from €355,000 in the corresponding nine months of 2014, improved over 100%, while at pre-tax level it recorded losses of 3.3 million from €4.2 million in 2014, improved by 21%, with selling and administrative expenses decreased by 17% or €1.2 million.

The company provided earnings guidance for the full year of 2015. By the end of 2015, the company's operating results are expected to keep on showing improvement compared to those of 2014.