Kathimerini swings from loss to profit in 2014

Kathimerini Publishing SA swung from losses to profits last year, the company announced on Monday, saying that it posted a net profit of 5.9 million euros in 2014 against a net loss of 15.5 million euros in 2013.

Turnover grew from 62.7 million euros in 2013 to 66.2 million last year and earnings before interest, tax, depreciation and amortization (EBITDA) amounted to 5.7 million euros last year against a loss of 2.6 million the year before.