Prelios closed the first quarter of 2013 with a net loss of 18,5 million, lower than the loss of 23,7 million recorded in the same period of 2012.
This is what can be read in a note from the company, which underlines that the result is weighed down by 10,6 million in financial charges which do not yet benefit from the effect of the group's restructuring operation which will be under discussion at today's shareholders' meeting afternoon.
Management platform revenues fell to $24,8 million from $30,9 million in the first three months of 2012, while consolidated revenues dropped to $26,1 million from $32,9 million a year earlier. The operating result was negative by 3,4 million, from an operating profit of 2,7 million in the first quarter of 2012. Net debt increased to 543,1 million from 520,5 million at the end of December.
