Corporación Lindley S.A. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net income of PEN 41.6 million against net loss of PEN 12.3 million a year ago. Net financial expense/loss was PEN 71.5 million against PEN 24.9 million a year ago. Operating income was PEN 91.8 million against PEN 49.9 million a year ago. Adjusted EBITDA was PEN 119.6 million against PEN 103.2 million a year ago. Net sales were PEN 625,021,000 against PEN 573,588,000 a year ago. Income before taxes was PEN 20,255,000 against PEN 24,938,000 a year ago.

For the year, the company reported net income of PEN 3.2 million against net loss of PEN 72.4 million a year ago. Net financial expense/loss was PEN 191.6 million against PEN 202.4 million a year ago. Operating income was PEN 172.3 million against PEN 155.1 million a year ago. Adjusted EBITDA was PEN 371.3 million against PEN 372.8 million a year ago. Net sales were PEN 2,228,823,000 against PEN 2,116,012,000 a year ago. Loss before taxes was PEN 19,375,000 against PEN 42,424,000 a year ago. Cash and cash equivalents, provided by operating activities was PEN 333,434,000 against PEN 277,346,000 a year ago. Purchases of property, plant and equipment and investment properties were PEN 543,633,000 against PEN 512,659,000 a year ago.