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.
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