Hamon & Compagnie International SA announced consolidated earnings results for the year ended December 31, 2014. For the year, the company reported net profit attributable to equity holders of the company of EUR 0.8 million or EUR 0.11 per diluted share compared to net loss attributable to equity holders of the company of EUR 16.8 million or EUR 2.34 per diluted share reported last year. Revenue was EUR 606.4 million against EUR 513.2 million reported last year.

Operating profit (EBIT) was EUR 11.8 million against operating loss of EUR 2.4 million reported last year. Operating profit before non-recurring items was EUR 14.5 million against operating loss before non-recurring items of EUR 0.5 million reported last year. Profit before tax was EUR 1.0 million against loss before tax of EUR 13.3 million reported last year.

Net profit from continued operations was EUR 0.9 million against loss from continued operations of EUR 18 million reported last year. Net cash used in operations after restructuring was EUR 2.7 million against net cash from operations after restructuring of EUR 9.5 million reported last year. Acquisition of PP&E was EUR 4.7 million against EUR 6.9 million reported last year.

Net debt at the end of the year was 41.1 million against EUR 58.0 million reported last year. EBITDA was EUR 23.0 million or EUR 3.03 per share against EUR 7.6 million or EUR 1.05 per share reported last year.