Tulikivi Corporation reported consolidated earnings results for the quarter and full year ended December 31, 2011. For the quarter, the company reported sales of EUR 15.5 million, operating loss of EUR 1.0 million, loss before tax of EUR 1.2 million and loss for the year of EUR 1.0 million or EUR 0.03 per basic and diluted share against sales of EUR 16.6 million, operating loss of EUR 0.8 million, profit before tax of EUR 0.7 million and profit for the year of EUR 0.4 million or EUR 0.01 per basic and diluted share for the same period a year ago. For the year, the company reported sales of EUR 58.8 million, operating loss of EUR 2.4 million, loss before tax of EUR 3.1 million and loss for the year of EUR 2.4 million or EUR 0.07 per basic and diluted share against sales of EUR 55.9 million, operating loss of EUR 0.3 million, loss before tax of EUR 1.0 million and loss for the year of EUR 0.8 million or EUR 0.02 per basic and diluted share for the same period a year ago. Net cash from operating activities was EUR 1.4 million against EUR 2.9 million a year ago. The company provided earnings guidance for the year 2012. For the year, the company expects net sales to be at the same level as 2011.