CIMPOR - Cimentos De Portugal, SGPS, S.A. reported unaudited consolidated earnings results for the second quarter and first half ended June 30, 2015. For the first half, the company reported total operating income of EUR 1,346,815,000 against EUR 1,254,644,000 a year ago. Net operating income was EUR 178,625,000 against EUR 197,341,000 a year ago. Profit before income tax was EUR 11,790,000 against EUR 20,833,000 a year ago. Net loss for the period attributable to equity holders of the parent was EUR 6,984,000 or EUR 0.01 per basic and diluted share against EUR 199,000 or EUR 0.00 per basic and diluted share a year ago. Cash Flows from operating activities were EUR 147,698,000 against EUR 153,120,000 a year ago. Payments relating to tangible assets were EUR 73,441,000 against EUR 102,354,000 a year ago. Payments relating to intangible assets were EUR 2,891,000 against EUR 2,264,000 a year ago. EBITDA was EUR 279.2 million against EUR 288.7 million a year ago.

For the quarter, the company reported total operating income of EUR 700,520,000 against EUR 657,621,000 a year ago. Net operating income was EUR 104,630,000 against EUR 107,576,000 a year ago. Profit before income tax was EUR 13,108,000 against EUR 23,979,000 a year ago. Net profit for the period attributable to equity holders of the parent was EUR 10,214,000 or EUR 0.02 per basic and diluted share against EUR 10,624,000 or EUR 0.02 per basic and diluted share a year ago. Cash Flows from operating activities were EUR 146,220,000 against EUR 128,184,000 a year ago. Payments relating to tangible assets were EUR 26,132,000 against EUR 33,201,000 a year ago. Payments relating to intangible assets were EUR 2,049,000 against EUR 1,520,000 a year ago. EBITDA was EUR 155.8 million against EUR 155.7 million a year ago. Net financial debt reduced 2% in this quarter, to EUR 3.45 billion, in line with December 2014 (EUR 3.44 billion). When compared to June 2014 Net Debt of EUR 3.56 billion.