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.€.   Download here the pdf