KORRES Group reported consolidated earnings results for the year 2016. For the period, the company reported that sales amounted to EUR 54.6 million, marginally higher, an increase of 0.1% in 2015. Adjusted earnings before interest, tax and depreciation (Adjusted EBITDA) in 2016 at EUR 8.2 million (excluding extraordinary restructuring cost impact) were at the same level with 2015. Earnings before interest, tax and depreciation were EUR 4.9 million. Net loss after tax and minority rights amounted to EUR 2.3 million from EUR 1.4 million in 2015, mainly due to the extraordinary restructuring cost. Operating cash flows were tripled in 2016 at EUR 5.7 million from EUR 2.1 million in 2015, strengthening Korres Group's financial position.