Kifissia 30 November 2017

 CODE:

Communication on financial statements commenting Period 2017

 

Continues the investments and the profitable course the company paperpack SA, and in the nine month period of 1/1/2017 until 30/09/2017. Particular: the company implements investment plan modernization of machinery and equipment EUR 3,5 millions euros approx.. The bulk of this investment 2,6 million euro has been completed within the current period. the turnover of the company amounted to 11.676 thous.€ against 11.572 mm € the respective period of the previous year, showing a rise in 0,90%. Operating profit (EBITDA) of the company amounted to 2.123 thous.€ against 1.954 mm € the respective period last year representing an increase of over 8,67%. The results before taxes framed in profits 1.635 thous.€ against 1.436 mm € the respective period last year representing an increase of over 13,86%. Earnings after taxes framed in 1.103 thous.€ against 1.003 mm € the respective period last year representing an increase of over 9,97%. The number of employee the company's personnel 30/09/2017 amounts to 151 people while the 30/09/2016 amounted to 133 people. Basic earnings per share framed in 0,2789 € €0.2536 versus the corresponding period of the previous year. The company introduced positive operating cash flows 1.547 thous. € versus positive flows 1.170 km € and the cash the amount to 3.364 thous.€ against 2.167 thousand € in the corresponding period of the previous year. Bank lending the company grew due to leasing with which implemented the bulk of investment period.   Download here the pdf