Kifissia 29 March 2019
CODE:
Commenting on the announcement of financial statements /
Continues the
upward profitable course of the company
paperpack SA, according to a published annual financial report for the year 1/1/2018 until 31/12/2018. Particular:
the
turnover the company unveiled
increase at 5,92% and reached
16.621th.€ against 15.692 thousand € of previous use.
Operating profit (
EBITDA) of the company amounted to
2.248 thous.€ against 2.761 thousand € of previous use.
Ta pre-tax results framed in
profits 1.059 thous.€ against 2.016 thousand € of previous use.
Earnings after taxes framed in
761 thous.€ against 1.383 thous.€.
The company introduced
positive operating cash flows 1.370 thous. € against 1.324 mm € and the
cash the amount to
1.726 thous.€.
The company implemented the
investment plan to modernise the mechanical equipment of EUR 4,5 million Euro approximately. Euros approx.. The bulk of this investment was completed within the last year.
Finally,
the Board proposes in its annual report to the ordinary general meeting of shareholders,
the payment of dividend 0,15 euro per share.
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