Sequana reported audited consolidated earnings results for the year ended December 31, 2015. For the year, the company reported EBITDA of EUR 126 million against EUR 124 million a year ago. Recurring operating income was EUR 73 million against EUR 72 million a year ago.

Net loss from continuing operations was EUR 67 million against profit of EUR 125 million a year ago. Basic and diluted loss per share from continuing operations was EUR 1.16 compared to Earnings per share of EUR 2.97 a year ago. Net cash used in operating activities was EUR 19 million compared to EUR 102,000 a year ago.

Expenditure on acquisitions of property, plant and equipment and intangible assets was EUR 50 million compared to EUR 43 million a year ago.