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Sonae Capital Q1 net loss widens to 5.1 mln euros


Friday, 5 May 2017 01:30am EDT 

May 5 (Reuters) - Sonae Capital SGPS SA ::Said on Thursday Q1 net loss 5.1 million euros versus 4.2 million euros year ago.Q1 EBITDA 0.5 million euros versus 1.4 million euros year ago.Q1 turnover 33.6 million euros versus 36.9 million euros year ago.Net debt at end-March 73.1 million euros versus 66.0 million euros at end-Dec. 2016.Says continues to expect an overall good performance for its businesses, including the Refrigeration and HVAC segment, for which the higher number of on-going contracts allows to foresee increased levels of activity for the forthcoming quarters.