Nireus Aquaculture Significantly Reduced its Loss Last Year
SEAFOODNEWS.COM [SeafoodNews] March 31, 2015 -
Greek Sea bass and sea bream farmer Nireus Aquaculture reported that it has significantly reduced its 2014 loss from prior year.
The FY 2014 EBITDA loss was trimmed to 13.5 mln euros compared with 198.6 euros in the prior year.
FY 2014 turnover was below year ago at 195.2 million euros vs. 198.6 million euros in the prior year.
The 2014 net loss was 15.2 million euros compared with 75.5 million euros in the prior year and net cash on December 31, 2014 was 5.4 million euros up from 3.6 million euros in the prior year.
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