Kotipizza Group Oyj announced audited consolidated and parent earnings results for the year ended January 31, 2017. For the year, on consolidated basis, the company reported turnover of EUR 68,737,000 against EUR 56,370,000 a year ago. Operating profit was EUR 5,246,000 against EUR 3,435,000 a year ago. Profit before taxes from continuing operations was EUR 4,469,000 against EUR 452,000 a year ago. Profit for the period from continuing operations was EUR 3,464,000 against EUR 328,000 a year ago. Profit for the period was EUR 3,464,000 against EUR 215,000 a year ago. Profit attributable to the equity holders of the parent company was EUR 3,541,000 against EUR 249,000 a year ago. Undiluted earnings for the period attributable to ordinary equity holders of the parent (no dilutive instruments) were EUR 0.55 against EUR 0.08 a year ago. Net cash flows from operating activities were EUR 5,278,000 against cash used in operating activities of EUR 671,000 a year ago. Investments in tangible assets were EUR 121,000 against EUR 611,000 a year ago. Investments in non-tangible assets were EUR 728,000 against EUR 1,364,000 a year ago. Reported EBITDA was EUR 6,225,000 against EUR 4,187,000 a year ago. Earnings per share were EUR 0.6 against EUR 0.1 a year ago. The EBIT improved mainly due to volume improvement, but the sales margin also improved slightly from the previous year. For the year, on parent basis, the company reported turnover of EUR 1,246,000 against EUR 980,000 a year ago. Operating loss was EUR 1,545,000 against EUR 2,486,000 a year ago. Loss for the period was EUR 585,000 against EUR 571,000 a year ago.