Kifissia 30 August 2018
CODE:
Commenting on the announcement of financial statements for the first half 2018
Continues the
profitable course the company
paperpack SA, and during the first semester of 1/1/2018 until 30/06/2018. Particular:
the
turnover of the company amounted to
8.642th.€ against 7.755 mm € the respective period of the previous year, showing a rise in 11,44%
.
Operating profit (
EBITDA) of the company amounted to
1.211 thous.€ against 1.094 thousand € in the corresponding period of the previous year
.
Ta pre-tax results framed in
profits 712 thous.€ against 775 thousand € in the corresponding period of the previous year
.
Earnings after taxes framed in
496 thous.€ against 503 thousand € in the corresponding period of the previous year
.
The number of personnel employed the company's 30/06/2018 amounts to
155 people while the 30/06/2017 amounted to 140 people.
Basic earnings per share framed in
0,1256 € €0.1273 versus the corresponding period of the previous year
.
The company introduced
positive cash flows 628 thous. € versus positive flows 1.597 thous. € and
cash the amount to
3.238 thous.€ against 3.575 thous.€
the corresponding period of the previous year
. The reduction in operating flows is due primarily to the increase in requirements due to the increase of turnover.
The company's bank debt increased 935 thous.€. The increase in lending is mainly due to the financing of the investment plan of the company, which was completed in this period.
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