Roto Smeets Group NV reported consolidated earnings results for the year December 31, 2014. For the year, total revenue was EUR 265,140,000 against EUR 291,601,000 a year ago. Operating loss was EUR 5,978,000 against EUR 101,000 a year ago.

Loss before taxation was EUR 9,088,000 against EUR 2,799,000 a year ago. Loss after taxation attributed to shareholders of the company was EUR 16,195,000 or EUR 4.92 per ordinary and diluted share against EUR 4,100,000 or EUR 1.25 per ordinary and diluted share a year ago. Cash flow from operating activities was EUR 8,613,000 against EUR 17,499,000 a year ago.

Investments in tangible fixed assets were EUR 3,497,000 against EUR 7,246,000 a year ago. EBITDA was EUR 7.7 million against EUR 14.6 million a year ago. LBIT was EUR 5.9 million against EUR 0.1 million a year ago.

The 2014 net loss was impacted particularly by a provision for the reorganizations of EUR 5.5 million announced in December and a write down of deferred tax assets EUR 9.2 million. Without these exceptional items, net loss would have amounted to EUR 2.8 million.