H1 2014 Financial summary
Revenues from continuing operations of EUR 346 million, down 20%.
Coking coal average realised price of EUR 87/t, down 15%; Thermal coal average realised price of EUR 58/t, up 4%.
Cash mining unit costs of EUR 64/t, down 24% (19% on a constant currency basis) on 5% higher production.
Selling and administrative expenses from continuing operations down 27% to EUR 71 million.
EBITDA from continuing operations of EUR 19 million.
Basic loss from continuing operations per A share of EUR (0.22).
Net debt of EUR 688 million, including cash of EUR 122 million.
Capital restructuring process continues with completion expected in October 2014.
As at 30 June 2014, EUR 10 million of an anticipated EUR 30 million of associated costs have been incurred in relation to the process.
