Gas Natural SDG SA reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, EBITDA was €1,329 million compared to €1,300 million a year ago. Operating income was €833 million compared to €819 million a year ago. Income before tax was €620 million compared to €604 million a year ago. Profit attributable to equity holders of the parent was €411 million or €0.41 per share compared to profit attributable to equity holders of the parent of €407 million or €0.41 per share a year ago. Net sales were €6,769 million compared to €6,489 million a year ago. Capital expenditure and intangible assets was €206 million compared to €224 million a year ago. Operating cash flow was €1,252 million compared to €1,242 million a year ago.

Spanish mining business association Carbunion has launched legal actions before the national court Audiencia Nacional against Endesa, Gas Natural and Iberdrola which suspended the acquisition of coal from the state reserve. The decision of the thermal power plant operators to suspend coal acquisition caused a loss of EUR 52 million for the members of Carbunion since the beginning of the year. At the same time, the Spanish mining companies are negotiating a plan for the sector in the 2013-2018 period, after the state support for the purchase of coal was frozen in 2012. In March, Endesa, Iberdrola and Gas Natural Fenosa appealed the government's coal purchase obligation for thermal power plants before Audiencia Nacional. With the obligation, the government responded to the decision of local power utilities to suspend acquiring coal until the law regulating the incentives for the production of electricity by burning coal produced in Spain is cancelled.

Gas Natural SDG SA announced that they will report Q1, 2013 results at 9:00 AM, Central Europe Standard Time on May 07, 2013