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The Cyprus Cement Public Company LTD

Earnings Release Mar 2, 2015

2491_er_2015-03-02_8400a6d9-0f5c-42c3-8acc-42bb746d857a.pdf

Earnings Release

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THE CYPRUS CEMENT PUBLIC COMPANY LTD INDICATIVE UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST DECEMBER 2014

2014
€000
(Unaudited)
2013
€000
(Audited)
Continuing Operations
Operating Loss (1.578) (1.150)
Net Finance costs (1.273) (1.174)
Share of Profit/(Loss) of associates 1.882 (2.783)
Tax 97 (43)
Loss from continuing operations (872) (5.150)
Discontinued Operations
Loss for the period from discontinued operations (837) (5.773)
Profit from loss of control in subsidiary company/joint venture 510 -
(327) (5.773)
Net loss for the year after tax (1.199) (10.923)

The Board of Directors of the Company approved the above indicative financial results for the year ended 31st December 2014 at a meeting held on 27th February 2015.

Copies of the Unaudited Indicative Results, together with the explanatory notes are available at the Company's registered office, 197 Makarios III Avenue, 3030 Limassol, tel. 25891000 and in electronic form in the Galatariotis Group of Companies website (www.galatariotisgroup.com).

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