Kifissia 30 August 2017
CODE:
Commenting on the announcement of financial statements for the first half 2017
Continues the
investments and the
profitable course the company
paperpack SA, and during the first semester of 1/1/2017 until 30/06/2017. Particular:
the company
implements investment plan modernization of machinery and equipment
EUR 3,5 millions euros approx.. The bulk of this investment will be completed
within the current financial year.
the
turnover of the company amounted to
7.755 thous.€ against 8.100 mm € the respective period of the previous year, showing a decrease of 4,27% .
Operating profit (
EBITDA) of the company amounted to
1.094 thous.€ against 1.380 thousand € in the corresponding period of the previous year.
The results before taxes framed in
profits 775 thous.€ against 1.054 thousand € in the corresponding period of the previous year.
Earnings after taxes framed in
503 thous.€ against 736 thousand € in the corresponding period of the previous year.
The number of personnel employed the company's 30/06/2017 amounts to
140 people while the 30/06/2016 amounted to 129 people.
Basic earnings per share framed in
0,1273 € €0.1863 versus the corresponding period of the previous year.
The company introduced
positive cash flows 1.597 thous. € versus positive flows 368 km € and the
cash the amount to
3.575 thous.€ against 2.206 thousand € in the corresponding period of the previous year.
the
Bank lending of the company
decreased further during 161 thous.€.
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