poltrona frau spa (PFG) Snapshot

Poltrona Frau S.p.a. announced consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of EUR 58,746 compared with EUR 56,562 for the same period a year ago. EBITDA was EUR 4,535 compared with EUR 4,022 for the same period a year ago. Operating income was EUR 3,021 compared with EUR 2,579 for the same period a year ago. Profit before tax was EUR 1,420 compared with EUR 250 for the same period a year ago. Net debt was EUR 86,317 compared with EUR 89,104 for the same period a year ago.

Poltrona Frau S.p.a. reported consolidated and company earnings results for the fiscal year ended December 31, 2012. For the year, the company reported revenues of EUR 246,988,000 compared to EUR 251,535,000 for the same period a year ago. EBITDA was EUR 26,032,000 compared to EUR 25,586,000 a year ago. Operating Income was EUR 15,533,000 compared to EUR 18,820,000 a year ago. Income before taxes was EUR 8,531,000 compared to EUR 11,665,000 a year ago. Profit from continuing operations was EUR 4,561,000 compared to EUR 5,102,000 a year ago. Profit for the year was EUR 886,000 compared to EUR 4,645,000 a year ago. Basic and diluted earnings per share was EUR 0.01 compared to EUR 0.03 a year ago. Net cash flow generated by operating activities was EUR 17,696,000 compared to net cash used in operating activities of EUR 155,000 a year ago. Purchases of tangible fixed assets were EUR 8,713,000 compared to EUR 3,200,000 a year ago. Purchases of intangible fixed assets were EUR 3,759,000 compared to EUR 2,435,000 a year ago. For the year, on a company basis, the company reported revenues of EUR 117,679,286 compared to EUR 121,839,868 for the same period a year ago. Operating Income was EUR 4,877,921 compared to EUR 7,310,668 a year ago. Loss before taxes was EUR 1,215,595 compared to income before tax of EUR 9,846,000 a year ago. Loss for the year was EUR 2,159,787 compared to EUR 2,427,791 a year ago. Net cash flow generated by operating activities was EUR 8,765,000 compared to net cash used in operating activities of EUR 3,829,000 a year ago. Purchases of tangible fixed assets were EUR 3,356,000 compared to EUR 1,104,000 a year ago. Purchases of intangible fixed assets were EUR 1,660,000 compared to EUR 1,701,000 a year ago.

Poltrona Frau S.p.a., Annual General Meeting, Apr 22, 2013. Agenda: To approve the 2012 statutory financial statements of the company; and to consider the resolution in relation to the possible treasury shares purchase, as well as to possible dividends payment.