Biancamano S.p.A. Reports Consolidated and Parent Financial Results for the Year Ended Dec. 31, 2013
Biancamano S.p.A. reported consolidated and parent financial results for the year ended Dec. 31, 2013. For the year, the group reported revenues of 178,602,000 against 248,094,000 for the last year. EBITDA was 9,501,000 against 18,843,000 for the last year. LBIT was 19,163,000 against 1,473,000 for the last year. Loss before taxes was 29,283,000 against 9,698,000 for the last year. Net loss from continuing operations was 25,042,000 against 10,686,000 for the last year. Net loss pertaining to Group was 25,042,000 against 10,686,000 for the last year. Diluted Group net loss per share was 0.77 against 0.33 for the last year. Diluted Group net loss from continuing operations per share was 0.77 against 0.33 for the last year. Cash flow generated by operating activities was 11,342,000 against outflow of 9,264,000 for the last year. Increase in intangible/tangible fixed assets was 102,000 against 17,288,000 for the last year.
For the year, the parent company reported revenues of 5,920,000 against 6,004,000 for the last year. EBITDA was 4,297,000 against 1,035,000 for the last year. EBIT was 4,511,000 against 5,931,000 for the last year. Profit before taxes was 4,503,000 against 3,744,000 for the last year. Net profit from continuing operations was 3,356,000 against 2,121,000 for the last year. Net loss for the current period was 3,356,000 against 2,121,000 for the last year. Cash flow generated by operating activities was 7,166,000 against 5,426,000 for the last year. Increase in intangible/tangible fixed assets was 3,000 against 38,000 for the last year.