Sonae Indústria, S.G.P.S., S.A. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported sales EUR 62,802,908 compared to EUR 60,878,528 a year ago. Operating profit was EUR 9,134,999 compared to EUR 4,941,567 a year ago. Net profit from continuing operations, before taxation was EUR 5,362,469 compared to EUR 5,094,107 a year ago. Consolidated net profit from continuing operations, after taxation was EUR 2,148,624 compared to EUR 3,286,854 a year ago. Consolidated net loss for the period was EUR 30,667,821 compared to EUR 9,211,977 a year ago. Consolidated net profit attributable to equity holders of company from continuing operations was EUR 2,148,624 or EUR 0.0153 per diluted share compared to EUR 3,283,734 or EUR 0.0003 per diluted share a year ago. Consolidated net loss for the period attributable to the equity holders of the company was EUR 30,667,808 against EUR 9,197,636 a year ago. For the six months, the company reported sales EUR 119,848,509 compared to EUR 116,275,596 a year ago. Operating profit was EUR 13,583,347 compared to EUR 7,072,634 a year ago. Net profit from continuing operations, before taxation was EUR 7,072,634 compared to EUR 7,120,029 a year ago. Consolidated net profit from continuing operations, after taxation was EUR 3,294,558 compared to EUR 4,800,362 a year ago. Consolidated net loss for the period was EUR 27,452,003 compared to EUR 19,754,800 a year ago. Consolidated net profit attributable to equity holders of company from continuing operations was EUR 3,294,558 or EUR 0.0003 per diluted share compared to EUR 4,796,854 or EUR 0.0004 per diluted share a year ago. Consolidated net loss for the period attributable to the equity holders of the company was EUR 27,452,003 against EUR 19,724,004 a year ago. Net cash flow from operating activities was EUR 10,376,464 compared to net cash used in operating activities EUR 21,760,741 a year ago. Tangible fixed assets and intangible assets was EUR 12,014,764 compared to EUR 11,184,102 a year ago. Net debt as at end of June 30, 2016 was EUR 222,000,000 against EUR 606,000,000 as at end of June 30, 2015.