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.   Download here the pdf