Sidma S.A. announced group and company earnings results for the full year of 2013. At group level, the turnover amounted to EUR 99 million, reduced only by 1% compared to 2012, although the average selling prices in 2013 fell by 6.6% in relation to those of 2012. If it take into account the Company's sales on behalf of third parties (agency), the turnover amounted to EUR 128 million, compared to EUR 132 million in 2012, a 2.9% drop. The Group's earnings before interest, taxes, depreciation and amortization (EBITDA) stood at losses of EUR 0.32 million compared to losses of EUR 1.1 million in the previous year, this marking a 70% improvement. The Group's pre-tax results stood at losses of EUR 9.9 million in relation to losses of EUR 11.9 million in 2012, registering a 16.5% improvement.

At Company level, the turnover of SIDMA stood at EUR 55 million from EUR 56 million in 2012, i.e. a 2% fall. Taking also into account the Company's sales on behalf of third parties (agency), total sales stood at EUR 85 million from EUR 88 million in 2012, thus registering a 3.8% decrease. Earnings before interest, taxes, depreciation and amortization (EBITDA) stood at EUR 252,000 compared to EUR 91,000 in the previous year, thus registering a 176% increase, while pre-tax results were equal to losses of EUR 7.9 million compared to losses of EUR 9.2 million in the previous year, this being a 14% improvement. A provision for impairment of foreign holdings totaling EUR 2.0 million was charged to the above results.