Cham Paper Group Holding AG reported earnings results for the full year of 2015. For the period, the group achieved revenue of CHF 194.3 million. This is 10.4% less than in 2014 of CHF 216.8 million, however, revenue grew by 2.4% in local currency.

The operating profit came to a modest CHF 2.4 million against CHF 5.9 million in previous year, while the net result was just positive, at CHF 0.5 million against CHF 1.8 million in 2014. The profit has therefore improved slightly in the traditionally weaker second half thanks to the reduction in costs. EBITDA was CHF 9,187 million against CHF 18,800 million a year ago.

EBIT before restructuring was CHF 627 million against CHF 8,930 million a year ago. EBIT after restructuring was CHF 2,422 million against CHF 5,871 million a year ago. Profit was CHF 480 million against CHF 1,841 million a year ago.

Earnings per share were CHF 0.65 against CHF 2.48 a year ago. Negative free cash flow was CHF 5,695 million against CHF 5 million a year ago. Net debt was CHF 1,432 million against net cash of CHF 3,095 million a year ago.