2014 Full-Year Financial Results
Singificant Increase of Net Profits and Operational Profitability
In particular, MYTILINEOS Group in 2014 posted a consolidated turnover of €1,233 million against €1,403 million in 2013, a decline attributed exclusively to the regulatory changes in the operation of the energy market. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew to €253.9 million from €225.3 million in 2013, driven mainly by the improved performance of the Metallurgy Sector and the sustained strong performance of the EPC Sector. Net profit after tax and minority rights stood at €64.9 million, against €15.9 million for the previous year.