Italeaf S.p. A announced consolidated and parent earnings results for the year 2016. For the year, on consolidated basis, the company reported revenues amounted to EUR 85.8 million compared with EUR 371.3 million as at December 31, 2015, with a decrease due to the deconsolidation of Free Energia (energy trading) by TerniEnergia Group. EBITDA amounted to EUR 17.1 million compared with EUR 16.6 million a year ago. EBIT amounted to EUR 2.2 million compared with EUR 16.3 million a year ago. Net loss amounted to EUR 4.5 million compared with EUR 2.5 million a year ago. LBT amounted to EUR 3.5 million compared with EBT was EUR 5.4 million a year ago. For the year, on parent basis, the company reported revenues amounted to EUR 7 million compared with EUR 5.4 million as a year ago. EBITDA amounted to EUR 3.8 million compared EUR 1.9 million a year ago. EBIT amounted to EUR 3.2 million compared to EUR 1.2 million a year ago. Net loss amounted to EUR 2 million compared with results was EUR 2.4 million a year ago. While the LBT amounted to EUR 2.5 million compared with EUR 1.75 million a year ago, after depreciations related to non-strategic minority stakes held in banks for about EUR 5 million. Without considering these write-downs, however unrelated to the normal operations of the company's, the before tax profit would have amounted to EUR 2.6 million.