Nireus Aquaculture SA reported earnings results for the year 2014. For the year, the company's operating revenue was EUR 195.17 million against EUR 198.58 million a year ago. EBIDTA was EUR 13.45 million against LBIDTA of EUR 60.17 million a year ago.

LBT was EUR 16.50 million against EUR 87.43 million a year ago. Loss after taxes, Group was EUR 15.16 million or EUR 0.2223 per share against EUR 75.48 million or EUR 1.1791 per share a year ago. Loss after taxes to equity holders of the parent was EUR 8.5 million against EUR 77.7 million in the previous year.

Cash flow from operating activities was EUR 6.95 million against EUR 7.19 million a year ago. The above efforts improved the Group's operating earnings before interest, taxes, depreciation, amortization and the effect of the biological assets (EBITDA before biological adjustment) by EUR 21.7 million to EUR 7.9 million, as compared to losses of EUR 13.8 million in 2013. Final EBITDA increased to EUR 13.5 million due to the positive contribution of the change in the fair value of biological assets from improved pricing at the end of 2014.