OREANDA-NEWS. June 01, 2015. City Service announces its unaudited Consolidated Interim Financial Statements for the three months of 2015, prepared according to International Financial Reporting Standards.

The total consolidated City Service revenue from continued operations for the three months of 2015 was EUR 42.5 million. This makes a 16 % decrease over the total revenue of EUR 50.4 million from continued operations for the three months of 2014.

Net profit from continued operations for the period amounted to EUR 3.4 million, a 162 % increase over EUR 1.3 million net profit from continued operations a year ago. EBITDA from continued operations for three months of 2015 was EUR 3.1 million, a 28 % decrease over EUR 4.3 million a year ago from continued operations.

Currency exchange rates had possitive effect of EUR 543 thousand on net profit from continued operations of the period, while in 2014  currency exhange had negative effect of EUR 317 thousand.  Investment disposal profit in 2015 was EUR 1.4 million, compared to EUR 1.2 million loss in 2014.

  Sales (mln. EUR)  EBITDA (mln. EUR)  EBIT (mln. EUR)  Net profit (mln. EUR) 
2014      181.3 12.3 8.9 5.1
2014 1st quarter  50.4 4.3 3.5 1.3
2015 1st quarter  42.5 3.1 2.1 3.4
Comparative Capitalization Ratios* 0.29 4.34 6.00 10.47

* AB City Service market capitalization as of 29 May 2015 to 2014 sales, EBITDA, EBIT and net profit in each column accordingly.           

ENCLUDING: City Service Interim Consolidated Financial Statements for the three months of 2014 (in EUR).