Connect Group NV announced earnings results for the first quarter of 2015. For the period, the company achieved a net turnover of EUR 28.4 million, which is comparable to the turnover of EUR 28.5 million for the fourth quarter of 2014. EBITDA is EUR 0.254 million negative (it was EUR 0.872 million positive in the fourth quarter of 2014).

This negative result can be attributed to the fact that the restructuring announced at the end of 2014 could only be completed by the end of the first quarter following the conclusion of the negotiations with the trade unions (as a result of which labour costs remained high during the first quarter), and the continued low sales figures (target: EUR 31 million per quarter).