Damiani SpA reported unaudited consolidated earnings results for the year ended March 31, 2014. For the year, the company reported revenues from sales and services of 144,241,000 compared to 137,605,000 a year ago. EBITDA was 251,000 compared to LBITDA of 2,294,000 a year ago.
Operating loss was 3,848,000 compared to 5,868,000 a year ago. Result before taxes was 6,419,000 compared to 8,288,000 a year ago. Net result of the group was 8,556,000 or 0.11 per basic share compared to net profit for the period of 8,390,000 or 0.11 per basic share a year ago.
At 31 March 2014, the group had a net debt of 40.8 million compared to 33.0 million at 31 March 2013.