Cerved Information Solutions announced consolidated earnings results for the first quarter ended March 31, 2015. Total revenue was EUR 83.0 million compared to EUR 79.3 million a year ago. EBITDA was EUR 39.4 million compared to EUR 38.1 million a year ago. Operating profit was EUR 20.3 million compared to EUR 21.1 million a year ago. Net income was EUR 6.1 million compared to EUR 1.5 million a year ago. Net debt as on March 31, 2015 was EUR 480.9 million compared to EUR 487.6 million as on March 31, 2014. Net cash flow used in the period was EUR 2.4 million compared to EUR 16.2 million a year ago. Adjusted net income was EUR 14.7 million, +50.1% compared to EUR 9.8 million of the first quarter of 2014.

The company provided earnings guidance for the year 2015. For the year, the management expects an EBITDA in the range of EUR 170 million - EUR 174 million, representing growth over 2014 EBITDA between 6.2% and 8.7%.