Sonae Indústria, S.G.P.S., S.A. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported sales of 256,241,616 against 263,358,399 for the same period of last year. EBITDA was 21 million against 14 million for the same period of last year.
Recurrent EBITDA was 25 million against 19 million for the same period of last year. Operational loss was 6,688,710 against operational profit of 1,599,646 for the same period of last year. Net loss from continuing operations before taxation was 1,862,009 against 14,410,242 for the same period of last year.
Net loss attributable to equity shareholders of the company from continuing operations was 2,730,108 against 14,976,109 for the same period of last year. Net loss was 10,542,823 against 26,588,574 for the same period of last year. Basic and diluted loss per share from continuing operations was 0.0002 against 0.1070 for the same period of last year.
Net cash outflow from operating activities was 26,342,634 against 16,875,022 for the same period of last year. Cash Payments arising from tangible fixed assets and intangible assets was 6,050,426 against 7,303,436 for the same period of last year. Net debt was 597 million as on March 31, 2015 against 701 million as on March 31, 2014.
Capital expenditure was 2,265,310.