F Ramada Investimentos SGPS SA reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company's sales and services rendered were EUR 41,694,753 compared to EUR 33,744,475 a year ago. Profit before income tax was EUR 45,633,650 compared to EUR 4,619,167 a year ago. Net profit attributable to parent company's shareholders was EUR 44,253,026 or EUR 1.77 per basic and diluted share compared to EUR 3,435,030 or EUR 0.15 per basic and diluted share a year ago. Cash flow used in operating activities was EUR 6,233,470 compared to cash flow from operating activities of EUR 805,449 a year ago. Payments relating to intangible assets were EUR 11,248. Payments relating to tangible assets were EUR 1,783,102 compared to EUR 1,861,845 a year ago. For the nine months, the company's sales and services rendered were EUR 111,003,290 compared to EUR 95,969,263 a year ago. Profit before income tax was EUR 54,770,564 compared to EUR 12,629,465 a year ago. Net profit attributable to parent company's shareholders was EUR 51,314,031 or EUR 2.16 per basic and diluted share compared to EUR 9,184,511 or EUR 0.40 per basic and diluted share a year ago. Payments relating to intangible assets were EUR 27,465 compared to EUR 3,936 a year ago. Payments relating to tangible assets were EUR 8,235,664 compared to EUR 7,668,432 a year ago. Cash flow from operating activities was EUR 12,011,120 compared EUR 10,791,494 a year ago. EBITDA was EUR 17,857,000 compared to EUR 15,916,000 a year ago. EBIT was EUR 13,879,000 compared to EUR 12,323,000 a year ago.