Ferronordic Machines AB Year-end Report January - December 2014
Press Release Stockholm, 20 February 2015 SUSTAINED OPERATING RESULT DESPITE CHALLENGING MARKET FOURTH QUARTER 2014 · Revenue decreased by 15.0% to SEK 595.7m (SEK 700.6m) (9.5% increase in rubles) · Operating profit amounted to SEK 25.5m (SEK 20.9m) · Operating margin increased to 4.3% (3.0%) · EBITDA amounted to SEK 50.7m (SEK 42.2m) · The after-tax result decreased to SEK 5.9m (SEK 9.9m) · Earnings per ordinary share amounted to SEK -0.66 (SEK -0.26) · Cash flow from operating activities amounted to SEK 120.4m (SEK -31.8m) JANUARY - DECEMBER 2014 ·