Nireus Aquaculture SA reported earnings results for the full year of 2015. For the full year, the group sales amounted to EUR 185.4 million as compared to EUR 193.7 million in 2014 or as compared to EUR 177.4 million of continuing operations. EBITDA amounted to EUR 34.3 million in 2015 against of EUR 13.5 million in 2014.

EBITDA prior to the impact of biological assets amounted to EUR 22.3 million against of EUR 7.9 million in 2014. This increase is attributed to increase sales volumes, as well as to fish prices in addition to the increase in the volume of ending inventory of biological assets. Total pre-tax results of 2015 amounted to profits of EUR 68.1 million, as compared to losses of EUR 16.5 million in 2014.

Profits before taxes, and prior to the effect of the above non-recurring events amounted in 2015 to EUR 15.1 million. Investments in capital expenditure amounted to EUR 6.9 million as compared to EUR 4.6 million in 2014.