International Hotel Investments plc announced preliminary earnings results for the year ended December 31, 2014. For the year, the company reported revenue of EUR 116,379,000 against EUR 123,734,000 a year ago. EBITDA was EUR 28,850,000 against EUR 34,981,000 a year ago.

Negative results from operating activities were EUR 2,850,000 against positive results from operating activities of EUR 16,789,000 a year ago. Loss before tax was EUR 29,835,000 against EUR 4,033,000 a year ago. Loss for the year attributable to the owners was EUR 16,286,000 or EUR 0.03 per share against profit of EUR 266,000 a year ago.

Net cash from operating activities was EUR 30,016,000 against EUR 42,078,000 a year ago.