Stallergenes Greer Plc announced audited consolidated earnings results for the second half and full year ended December 31, 2017. For the period, the company reported net sales were €260.195 million against €186.247 million a year ago. Total revenue was €260.231 million against €186.388 million a year ago. Operating loss (LBIT) before transformation costs was €5.351 million against €92.543 million a year ago. Operating loss was €5.351 million against €96.049 million a year ago. Loss before tax and associates was €7.148 million against €96.139 million a year ago. Loss for the period attributable to owners of the parent was €9.871 million against €60.522 million a year ago. Net cash flow used in operating activities was €4.218 million against €78.085 million a year ago. EBITDA was €21.9 million against loss of €67.9 million a year ago.

For the second half, the company reported net sales were €130.6 million against €108.2 million a year ago. LBIT was €1.9 million against €37.5 million a year ago. Net loss was €1.0 million against €21.5 million a year ago. EBITDA was €15.7 million against loss of €22.9 million a year ago.

For the fiscal 2018, the company expects net sales to grow mid-single digit per cent in constant currency, and EBITDA to be higher than 2017.