Texaf, S.A. announced unaudited consolidated earnings results for the year first half ended June 30, 2015. For the period, revenue from ordinary activities was EUR 9,807,000 against EUR 9,083,000 a year ago. Recurring operating result was EUR 3,585,000 against EUR 3,281,000 a year ago. Operating result was EUR 3,204,000 against EUR 3,281,000 a year ago. Results before tax (for continued operations) was EUR 3,032,000 against EUR 3,144,000 a year ago. Net result after tax was EUR 2,843,000 against EUR 2,362,000 a year ago. Recurring operating results per share was EUR 1.012 against EUR 0.926 a year ago. Consolidated net result (Group's share) was EUR 0.691 against EUR 0.804 a year ago. Operating result was EUR 0.926 against EUR 0.904 a year ago. Cash flows from operating activities was EUR 3,835,000 against EUR 2,856,000 a year ago.

In light of the leasing over the entire period of the new investments, the recurring operating result for the second half of the year should, excluding any new element and subject to the performance of CARRiGRES, be better than that for the first six months of 2015.