Elastron Steel Service Centers SA reported group and company earnings results for the second quarter and six months ended June 30, 2012. For the quarter, on group basis, the company reported turnover of €18,041,620, loss before taxes of €961,150, loss attributable to shareholders of €1,071,010 or €0.0574 per basic share compared to the turnover of €23,351,040, loss before taxes of €718,800, loss attributable to shareholders of €471,570 or €0.0253 per basic share for the same quarter year ago.

For the six months period, on group basis, the company reported turnover of €32,753,670, loss before taxes of €2,497,930, loss attributable to shareholders of €3,424,530 or €0.1836 per basic share compared to the turnover of €45,003,680, loss before taxes of €412,940, loss attributable to shareholders of €590,110 or €0.0316 per basic share for the same period year ago. Total outflows from operating activities was €2,523,450 compared to the €7,119,550 for the same period year ago. Acquisition of tangible and intangible fixed assets was €80,040 compared to the €199,540 for the same period year ago.

For the quarter, on company basis, the company reported turnover of €15,324,700, loss before taxes of €680,130, loss attributable to shareholders of €769,240 or €0.0413 per basic share compared to the turnover of €19,941,320, loss before taxes of €241,010, loss attributable to shareholders of €127,560 or €0.0068 per basic share for the same quarter year ago.

For the six months period, on company basis, the company reported turnover of €27,853,590, loss before taxes of €1,816,930, loss attributable to shareholders of €2,708,480 or €0.1452 per basic share compared to the turnover of €37,905,320, loss before taxes of €240,180, profit attributable to shareholders of €3,060 or €0.0002 per basic share for the same period year ago. Total outflows from operating activities was €3,308,550 compared to the €6,219,800 for the same period year ago. Acquisition of tangible and intangible fixed assets was €22,730 compared to the €180,190 for the same period year ago.