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For the six months ended 30 June 2016, Gala SpA revenues decreased 19% to EUR581.5M. Net loss totaled EUR7.8M vs. income of EUR3.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Interest Expense increase of 31% to EUR6.8M (expense), Wages and Salaries increase of 54% to EUR3.4M (expense), Other Operating Income decrease of 43% to EUR1.2M (income).
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Revenue | 581.46 | 843.73 | 719.53 | 749.52 |
Gross Profit | 6.27 | -55.04 | 15.77 | 52.51 |
Operating Income | -3.14 | -70.14 | 9.99 | 25.63 |
Net Income | -7.77 | -62.03 | 3.87 | 13.57 |
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Assets | 466.27 | 610.42 | 543.79 | 539.03 |
Total Liabilities | 434.18 | 571.18 | 442.52 | 434.51 |
Total Equity | 32.08 | 39.24 | 101.27 | 104.52 |
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 48.16 | |||
Cash From Investing Activities | -6.77 | |||
Cash From Financing Activities | -27.46 | |||
Net Change in Cash | 13.94 |
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