SnowWorld Reports Consolidated Earnings Results for the Full Year Ended September 30, 2014; Provides Earnings Guidance for the Fiscal Year 2015
SnowWorld reported consolidated earnings results for the full year ended September 30, 2014. For the period, the company reported net revenue of EUR 25.759 million against EUR 25.378 million a year ago. Operating profit was EUR 3.308 million against EUR 4.619 million a year ago. Profit before tax was EUR 1.023 million against EUR 2.276 million a year ago. Profit after tax was EUR 0.386 million against EUR 1.71 million a year ago. EBITDA was EUR 6.77 million against EUR 8.542 million a year ago. EBIT was EUR 3.308 million against EUR 4.619 million a year ago. Total result was EUR 0.18 million against EUR 2.557 million a year ago. Diluted earnings per share was EUR 0.15 against EUR 0.56 per share a year ago. Diluted total result per share was EUR 0.07 against EUR 0.83 per share a year ago. Cash flow from operating activities was EUR 5.237 million against EUR 5.921 million a year ago. Investments of property, plant and equipment was EUR 1.523 million against EUR 1.126 million a year ago. Net cash flow was EUR 0.136 million against net cash outflow of EUR 0.011 million a year ago.
For fiscal 2015, the company expects positive result.