Sociedad Matriz SAAM S.A. reported consolidated earnings results for the second quarter and six months ended June 2017. The company posted net income of USD 35.5 million for the second quarter of 2017. These results were strongly influenced by USD 26.9 million in non- recurring income mainly from the sale of Tramarsa S.A. Excluding non- recurring effects, earnings for the second quarter of the year totaled USD 8.5 million. During the quarter, the company posted sales of USD 176.6 million and EBITDA of USD 49.1 million, down 0.9% and 6.1%, respectively, compared to the second quarter of 2016, explained mainly by the sale of Tramarsa S.A. and reduced operating income from the Towage Division. Tramarsa S.A. posted for SAAM a recurring income of USD 12 million for the year 2016. Operating results was USD 23.701 million against USD 23.701 million a year ago. Profit attributable to equity holders of parent was USD 35.489 million against USD 14.459 million a year ago. For the six months, the company reported income of USD 356.487 million against USD 351.072 million a year ago. Operating results was USD 47.153 million against USD 59.350 million a year ago. EBITDA was USD 98.507 million against USD 104.023 million a year ago. Profit was USD 43.607 million against USD 29.153 million a year ago. Profit attributable to equity holders of parent was USD 43.607 million against USD 29.153 million a year ago. Operating cash flow was USD 21.233 million against USD 23.426 million a year ago. Earnings per share were USD 0.00447858 against USD 0.00299411 a year ago. ROE was 9.3% against 10.4% a year ago. ROA was 5.1% against 6.1% a year ago.