Sequana reported audited consolidated earnings results for the year ended December 31, 2017. Operating loss was EUR 58.2 million compared to income of EUR 29.9 million a year ago. Net loss attributable to the company shareholders was EUR 114.9 million compared to EUR 52.1 million a year ago. Diluted and basic loss per share from continuing operations was EUR 1.27 compared to EUR 0.18 a year ago. Net cash used in operating activities was EUR 4.2 million compared to EUR 46.6 million a year ago. Expenditure on acquisitions of property, plant and equipment and intangible assets was EUR 31.8 million compared to EUR 28.5 million a year ago. EBITDA was EUR 103.5 million compared to EUR 121.4 million a year ago. Net debt stood at 335 million at end-December 2017, compared to 315 million at end- December 2016.