Sidma S.A. announced consolidated and parent earnings results for the nine months of 2013. For the period, on consolidated basis, the company reported total turnover of stood at EUR 74.5 million compared to EUR 73.5 million in the respective period of 2012 and, together with agency sales, stood at EUR 97 million compared to EUR 96 million last year, thus recording a marginal increase of 1%. At group level, in relation to the respective last-year period, pre-tax results registered losses equal to 7.1 million compared to losses of EUR 9.7 million whereas earnings before interest, taxes, depreciation and amortization (EBITDA) were equal to profits of EUR 33,000 compared to losses of EUR 1.0 million.

For the period, on parent basis, the company reported total turnover stood at EUR 42 million, compared to EUR 41 million in the respective period of 2012 and, together with agency sales, stood at EUR 65 million compared to EUR 63.5 million in the previous year, thus registering a 2% increase. The positive fact is that for the first time since the second half of 2008, the market appears to be stabilized and give minor signs of recovery. If the company set aside the third quarter of the year, then the turnover of company rose by 13% from EUR 12.5 million in 2012 to EUR 14.1 million in 2013 and, together with agency sales, the increase comes to 7% from EUR 19.9 million in 2012 to EUR 21.3 million in 2013. In terms of pre-tax results, the parent company registered reduced losses by approximately EUR 3 million (EUR 4.3 million in 2013 from EUR 7.0 million in 2012) and in terms of EBITDA it registered profits of EUR 320,000 compared to losses of EUR 380,000 in nine months of 2012.