Damiani SpA reported consolidated and parent company earnings results for the year ended March 31, 2016. For the year, on consolidated basis, the company reported total revenues of €155,287,000 compared to €150,452,000 a year ago. EBITDA was €24,147,000 compared to €4,039,000 a year ago. Operating income was €14,283,000 compared to operating loss of €400,000 a year ago. Result before taxes was €12,271,000 compared to loss before taxes of €3,571,000 a year ago. Net result of the group was €5,623,000 or €0.07 per basic share compared to net loss for the period of €3,454,000 or €0.04 per basic share a year ago. EBITDA was increased compared to the previous year, benefiting both the income generated by non-recurring transactions and the increase in revenues. For the year, on parent basis, the company reported total revenues of €147.4 million. EBITDA was €11.7 million. Net loss was €3.6 million.