Cognor S.A. announced earnings results for third quarter ended Sept. 30, 2016. For the quarter, the company reported revenue of PLN 309,745,000, EBIT of PLN 15,342,000, profit before tax of PLN 13,346,000, profit for the period of PLN 11,771,000, EBITDA of PLN 24,986,000, operating activities of PLN 17,227,000 compared to the revenue of PLN 341,788,000, EBIT of PLN 577,000, loss before tax of PLN 19,140,000, loss for the period of PLN 14,251,000, EBITDA of PLN 8,247,000, operating activities of PLN 15,673,000 for the same quarter a year ago. The company announced that revenue fell by 9.4% primarily due to the 4.3% decrease of combined shipments of scrap metal, billets and finished products. The other cause was the decrease of their prices.