Kifissia 31 May 2017
CODE:
Commenting on the announcement of financial statements for the first quarter 2017
Continues the
profitable course the company
paperpack SA, and during the first quarter of 1/1/2017 until 31/03/2017. Particular:
the
turnover of the company amounted to
3.812 thous.€ against 3.905 mm € the respective period of the previous year, showing a decrease of 2,38% .
Operating profit (
EBITDA) of the company amounted to
590 thous.€ against 573 thousand € in the corresponding period of the previous year.
The results before tax framed in
profits 424 thous.€ against 424 thousand € in the corresponding period of the previous year.
Earnings after taxes framed in
295 thous.€ against 295 thousand € in the corresponding period of the previous year.
The number of personnel employed the company's 31/03/2017 amounts to
138 people while the 31/03/2016 amounted to 129 people.
Basic earnings per share framed in
0,0747 € €0.0747 versus the corresponding period of the previous year.
The company introduced
positive cash flows 844 thous. € versus positive flows
78 χλ.€ and the cash of amounts to 3.003 mm € versus 2.312 thousand € in the corresponding period of the previous year.
the
Bank lending of the company
decreased further during 460 thous.€.
The company has decided to implement
investments in mechanical equipment
EUR 3,5 millions euros approx., of whom the greater Part will be completed
within this use.
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