Kifissia 06 May 2019

 CODE:

 Commenting on the announcement of financial statements for the first quarter 2019

  Continues the profitable course the company paperpack SA, and during the first quarter of 1/1/2019 until 31/03/2019. Particular: the turnover of the company amounted to 5.211 thous.€ against 4.448 mm € the respective period of the previous year, showing a rise in 17,15%  . Operating profit (EBITDA) of the company amounted to  1.417 thous.€ against 669 thousand € in the corresponding period of the previous year. Ta pre-tax results framed in profits 980 thous.€ against 447 thousand € in the corresponding period of the previous year. Earnings after taxes  framed in 670 thous.€ against 317 thousand € in the corresponding period of the previous year. The number of personnel employed the company's 31/03/2019 amounts to 161 people while the 31/03/2018 amounted to 160 people. Basic earnings per share framed in 0,1695 € €0.0803 versus the corresponding period of the previous year. The company introduced positive operating cash flows 262 thous. € compared to negative λειτουργικών ταμιακών ροών 330 thous. € and cash the amount to 1.799 thous.€ against 3.623 thous.€ the corresponding period of the previous year The bank borrowings of the company decreased 7 thous.€ in relation to the 31/12/2018 and the net debt stood at 5.168 thous.€ from 5.247 mm € 31/12/2018. The effect of the application of IFRS 16 from 1/1/2019, detailed in note 10 the published data and information on the period. Download here the pdf