The Toupargel SA announced audited consolidated and parent earnings results for the year ended December 31, 2015. For the year, on consolidated basis, EBITDA was EUR 15.1 million against EUR 15.1 million a year ago. Income from ordinary activities was EUR 4.8 million against EUR 5.7 million a year ago. Operating profit was EUR 4.8 million against operating loss of EUR 12.3 million a year ago. Net profit was EUR 3.2 million against net loss of EUR 13.5 million a year ago. Net earnings per share were EUR 0.32 against net loss per share of EUR 1.33 a year ago. Cash flow from operations was EUR 12.3 million against EUR 11.9 million a year ago. Cash flow per share was EUR 1.2 against EUR 1.2 a year ago. Net debt as on December 31, 2015 was EUR 18.8 million against EUR 22.7 million as on December 31, 2014. Capital expenditure was EUR 5.1 million against EUR 14.5 million a year ago.

For year, on parent basis, the company reported sales of EUR 273.0 million against EUR 281.2 million a year ago. Net profit was EUR 4.0 million against net loss of EUR 12.5 million a year ago.

The Group will continue to implement the "Customer Commitment" plan and aims to stabilise sales in 2016. Investments will amount to around EUR 6 million against EUR 5.1 million in 2015.