Year-End Report 2014
Read CEO Tom Erixon's comments on Ovako's Year End report and Fourth Quarter 2014 and get the financial report.Fourth quarter 2014 · Sales volumes were 6 percent below the fourth quarter of 2013, and revenue was down 3 percent · Operating profit before depreciation and amortisation (EBITDA) amounted to EUR 4 (8) million. The weaker outcome is largely explained by lower sales volumes and inventory reductions · Operating profit (EBIT) amounted to EUR -15 (-4) million · Cash flows from operating activities amounted to EUR 42 (4) million, significantly strengthened through