Halfyear results 2005

Income Statement 30/06/2005-30/06/2004
Consolidated key figures

(mln euro)

30/06/2005
(6 months)

30/06/2004
(6months)
% Change

Revenue

113,4

110,0

3,09%





EBIT

6,3

7,5

-15,47%





Cash flow from operations (EBITDA)(1)

8,6

11,0

-21,76%

Financial result

-1,4

-1,6

12,83%

Current profit before taxes

4,9

5,9

-16,17%

Taxes

-1,4

-2,0

-30,17%

Result equity method

0,1

0,0

N/A

Net income (Group share in the profit)

3,6

3,8

-5,99%

Net cash flow (2)

5,9

7,4

-19,91%


 

 

 

Equity

46,7

50,1

-6,87%

Net financial debt

25

27,2

-8,00%

Total assets

157,8

162,0

-2,62%

 

Consolidated, unaudited key figures per share

(euro)

30/06/2005
(6 months)

30/06/2004
(6 months)
% Change

Cash flow from operations (EBITDA)(1)
1,04
1,33

-21,80%

Current profit before taxes
0,60
0,71
-15,49%

Net income (Group share in the profit)
0,44
0,46
-4,35%

Net cash flow
0,71
0,89
-20,22%

Equity
5,65
6,06
-6,77%

Number of shares (end of period)
8.264.842
8.264.842
0,00%

Number of shares (average)

8.264.842
8.264.842
0,00%

(1) EBITDA = earnings before interest, taxes, depreciation and amortization; This is operating profit plus depreciation and amounts written down on stocks, trade debtors and provisions for liabilities and charges.
(2) The net cash flow is the current profit after taxes excluding depreciation, amounts written down on stocks, trade debtors and provisions for liabilities and charges.