Significant improvement in financial results during the year 2012 presented th company paperpack SA . Particular: the turnover of Company presented increase at 12% and reached 13,116 thous. € against 11.709 thous. € respectively of 2011, while turnover Group presented increase at 6,39% and reached 13,287 thous. € against 12.488 thous. € respectively of 2011. In gross profit margin of Company presented increase compared to the previous year, once stood to 22,05% (2011: 18,08%), while the gross profit margin of Group presented increase to 22,28% (2011: 18,96%). Operating profit (EBITDA) of Company the year 2012 framed in  1.654 thous. € against 1.458 thous. €  the year 2011 presenting increase at  13,44%, as a result of the increase in turnover and gross margin. Earnings (EBITDA) of Group the year 2012 framed in 1.676 thous. €  against 1.347 thous. €  the year 2011, presenting increase at 24,42%. The company introduced positive cash flows 1.773 thous.€ and the Όμιλος 1.757 thous. € the cash year end the Company and the Group amounted to 2.383 € thous. and Group. the Bank lending of the company decreased at 1.290 thous. € and Group at 1.362 thous. € and until ολοκληρώσεως των διαπραγματεύσεων με τις πιστώτριες Τράπεζες,  total debt classified as current liabilities. Earnings before taxes amounted to a loss before taxes as the company 31/12/2012 went to extraordinary impairment participation in affiliate, event of non-cash, Extraordinary and non-recurring. Any absence of such impairment would lead the Company's results in profits 305 thous. € and Group to profits 152 thousand € respectively.   Download here Announcement of Financial Statements- the pdf.