Stelios Kanakis Industrial and Commercial SA,Raw materials for Confectionery,Bakery and Ice cream announced unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company's sales revenue was €4,155,317.86 compared to €4,468,010.16 for the same period in 2011. Earnings before taxes, financing and investing results (EBIT) were €213,745.96 compared to €310,142.55 for the same period in 2011. Profit before taxes were €210,845.17 compared to €279,437.14 for the same period in 2011. Earnings before taxes, financing and investing results and depreciation - amortization (EBITDA) were €261,635.32 compared to €366,916.45 for the same period in 2011. Total comprehensive income net of tax was €159,806.53 compared to €193,549.71 for the same period in 2011. Profit attributable to owners of the parent was €159,806.53 or €0.0213 per basic share compared to €193,549.71 or €0.0258 per basic share for the same period in 2011.

For the nine months, the company's sales revenue was €12,101,209.13 compared to €13,025,926.11 for the same period in 2011. Earnings before taxes, financing and investing results (EBIT) were €842,532.27 compared to €1,144,690.89 for the same period in 2011. Profit before taxes were €826,718.62 compared to €1,080,465.47 for the same period in 2011. Earnings before taxes, financing and investing results and depreciation - amortization (EBITDA) were €995,036.49 compared to €1,317,414.48 for the same period in 2011. Total comprehensive income net of tax was €632,623.26 compared to €802,513.17 for the same period in 2011. Profit attributable to owners of the parent was €632,623.26 or €0.0843 per basic share compared to €802,513.17 or €0.1070 per basic share for the same period in 2011. Net cash generated from operating activities was €2,711,339.67 compared to €264,052.75 for the same period in 2011. Purchases of property, plant and equipment and of intangible assets was €41,585.71 compared to €100,721.11 for the same period in 2011.