Natra, S.A. announced consolidated earnings results for the first half ended June 30, 2014. For the period, the company's net business turnover was EUR 168.6 million compared with EUR 170.7 million a year ago. Loss from operations was EUR 2.96 million compared with profit from operations of EUR 7.2 million a year ago.

Loss before taxes was EUR 9.6 million compared with profit before taxes of EUR 1.4 million a year ago. Loss from continued operations was EUR 10.8 million compared with results from continued operations of EUR 0.05 million a year ago. Net loss was EUR 10.8 million compared with net result of EUR 0.014 million a year ago.

Net loss attributable to shareholders of the main company was EUR 11.4 million compared with EUR 1.2 million a year ago. The difference between both years is largely explain by the decline in gross margin due to increasing cocoa prices in a period of low seasonality of the cocoa and chocolate business. EBITDA was EUR 2.99 million, a decrease of 76.6% from the same period a year ago.

At the end of June 30, 2014, the company's net financial debt stood at EUR 153.63 million.