TagMaster AB (publ) announced consolidated and parent earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, on consolidated basis, the company reported net sales increased during the quarter by 75.5% to SEK 40.1 million compared to SEK 22.8 million a year ago. Result before depreciation (EBITDA) was SEK 5.0 million compared to SEK 1.2 million, corresponding to a margin of 12.4% a year ago. Net result after tax was SEK 8.6 million compared to SEK 4.3 million a year ago. Result per share was SEK 0.05 compared to SEK 0.03 a year ago. Cash flow from the business for the period was SEK 2.0 million compared to cash used in the business of SEK 2.1 million a year ago. EBIT was SEK 3.9 million against SEK 0.6 million a year ago. Profit before tax was SEK 3.8 million against SEK 1.3 million a year ago. During the quarter a sales increase was noted mainly due to the rail business in the parent company but also due to the acquired business. For the year, on consolidated basis, company reported net sales increased by 44.2% to SEK 114.0 million compared to SEK 79.0 million a year ago. Result before depreciation (EBITDA) was SEK 3.8 million compared to SEK 2.7 million, corresponding to a margin of 3.3% a year ago. Net result after tax was SEK 4.2 million compared to SEK 3.2 million a year ago. Result per share was SEK 0.03 compared to SEK 0.02 a year ago. Cash flow from the business for the period was SEK 0.8 million compared to cash used in the business of SEK 5.2 million a year ago. EBIT was SEK 0.9 million against SEK 1.3 million a year ago. Profit before tax was SEK 0.5 million against SEK 1.2 million a year ago. For the quarter, on parent basis, the company reported net sales of SEK 22.6 million against SEK 15.1 million a year ago. EBITDA was SEK 4.8 million against SEK 1.1 million a year ago. EBIT was SEK 4.8 million against SEK 1.1 million a year ago. Profit before tax was SEK 4.8 million against SEK 0.9 million a year ago. Net result was SEK 7.2 million against SEK 4.1 million a year ago. For the year, on parent basis, the company reported net sales of SEK 79.8 million against SEK 66.4 million a year ago. EBITDA was SEK 10.6 million against SEK 7.7 million a year ago. EBIT was SEK 10.6 million against SEK 7.6 million a year ago. Profit before tax was SEK 10.0 million against SEK 7.3 million a year ago. Net result was SEK 12 million against SEK 9.1 million a year ago.