The company posted top line revenues of $2.37 billion, down 9.9% on the $2.63 billion taken in the first three quarters of 2013.

Capital expenditure also soared from $295 million to $353 million, but the earnings before interest, tax, depreciation and amortisation margin grew from 26.9% to 28.3%.

EDC did not provide a net profit figure or full profit-and-loss account for the period.

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