Spector Photo Group NV reported audited consolidated earnings results for the first half ended June 30, 2012. For the period, the company reported revenue of €79,924,000 and REBITDA of negative €3,082,000 compared to revenue of €93,753,000 and REBITDA of negative €88,000 a year ago.
Loss from operating activities, before non-recurring items (REBIT) was €4,691,000 compared to €2,656,000 a year ago. Loss from operating activities (LBIT) was €5,212,000 compared to €2,773,000 a year ago. LBITDA was €3,370,000 compared to €204,000 a year ago. Loss from continuing activities was €6,083,000 compared to €1,789,000 a year ago. Loss from continuing activities, corrected for non-cash items was €5,198,000 compared to profit from continuing activities, corrected for non-cash items of €1,044,000 a year ago. Loss for the period and attributable to the group was €6,083,000 compared to €1,789,000 a year ago. The net financial debt amounted to €37.537 million as at the end of June 2012, compared to €36.074 million as at the end of June 2011. The decline in the result by minus €4.294 million can operating result decrease of €2.439 million, of which €2.007 million related to the Retail Group. Financial result was decreased €2.080 million, mainly due to the non-recurring income of €2.011 million in the first half-year. Income taxes decreased by €0.224 million.