Poligrafici Editoriale announced consolidated earnings results for the first half of 2014. For the period, the company reported net loss to EUR 5.2 million (USD 7 million) from a EUR 4.5 million loss for the first half of 2013. Revenues fell to EUR 93 million from EUR 95 million.

Earnings before interest, tax, depreciation and amortisation (EBITDA) went down to EUR 3.3 million from EUR 4.1 million a year ago. Operating loss was EUR 500,000 to EUR 1.8 million. Net debt was EUR 82.8 million at June 30, 2014, up by EUR 4.5 million compared with December 31, 2013.