Damiani SpA reported consolidated earnings results for the six months ended September 30, 2014. For the six months, the company reported total revenues were 62,110,000 against 65,053,000 a year ago. EBITDA was 119,000 against LBITDA of 3,043,000 a year ago.
Operating Loss was 2,224,000 against 4,622,000 a year ago. Loss before taxes was 3,634,000 against 5,891,000 a year ago. Net loss of the Group was 3,431,000 or 0.04 per basic share against 6,136,000 or 0.08 per basic share a year ago.
At 30 September 2014, the group had net borrowing of 47.0 million compared to 40.8 million at 31 March 2014.