Cramo Plc announced audited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported sales of EUR 187.169 million against EUR 180.588 million a year ago. EBITDA was EUR 26.140 million against EUR 22.990 million a year ago. Operating profit (EBIT) was EUR 24.246 million against loss of EUR 5.115 million a year ago. Profit before taxes (EBT) was EUR 21.299 million against loss of EUR 8.107 million a year ago. Profit for the period attributable to owners of the parent was EUR 16.614 million or EUR 0.37 diluted per share against loss of EUR 7.454 million or EUR 0.17 diluted per share a year ago. Fourth-quarter cash flow from operating activities continued to develop favourably and was EUR 71.3 million against EUR 47.8 million a year ago.

For the nine months, the company reported sales of EUR 667.877 million against EUR 651.758 million a year ago. EBITDA was EUR 84.827 million against EUR 70.293 million a year ago. Operating profit (EBIT) was EUR 76.714 million against EUR 34.328 million a year ago. Profit before taxes (EBT) was EUR 63.791 million against EUR 21.479 million a year ago. Profit for the period attributable to owners of the parent was EUR 49.715 million or EUR 1.12 diluted per share against loss of EUR 16.008 million or EUR 0.36 diluted per share a year ago. Cash flow from operating activities was EUR 182.865 million against EUR 118.266 million a year ago. capital expenditure was EUR 175.0 million against EUR 159.1 million a year ago.

In 2016, Cramo Group's sales will grow in local currencies and the EBITA margin will improve compared to 2015.