Greiffenberger AG announced group earnings results for the year 2014. For the year, the company reported turnover of €152.2 million compared to €155.2 million a year ago. EBITDA was €9.4 million compared to €12.6 million a year ago. EBIT was €2.4 million compared to €6 million a year ago. Earnings were €0.4 million or €5 per share compared to €1.3 million or €0.27 per share a year ago. Operating cash flow was €5 million compared to €15.9 million a year ago. Net financial debt was €39.6 million compared to €40.5 million a year ago. Result impacted by sudden weakness in demand towards midyear 2014.

For the year 2015, the company expects significant growth in turnover and profit, despite a still subdued first quarter development.