Kifissia 11 May 2018

 

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Commenting on the announcement of financial statements for the first quarter 2018

  Continues the profitable course the company paperpack SA, and during the first quarter of 1/1/2018 until 31/03/2018. Particular: the turnover of the company amounted to 4.448th.€ against 3.812 mm € the respective period of the previous year, showing a rise in 16,68%  . Operating profit (EBITDA) of the company amounted to  669 thous.€ against 590 thousand € in the corresponding period of the previous year.  Ta pre-tax results framed in profits 447 thous.€ against 424 thousand € in the corresponding period of the previous year. Earnings after taxes  framed in 317 thous.€ against 295 thousand € in the corresponding period of the previous year.  The number of personnel employed the company's 31/03/2018 amounts to 160 people while the 31/03/2017 amounted to 138 people.  Basic earnings per share framed in 0,0803 € €0.0747 versus the corresponding period of the previous year. The company showed a negative cash flows 330 thous. € versus positive flows 844 thous. € and cash the amount to 3.623 thous.€ against 3.003 thous.€ the corresponding period of the previous year.  The reduction in operating flows primarily due to tangible assets under construction as well as to increased requirements due to the increase of turnover.  The company's bank debt increased 1.478 thous.€. The increase in lending is mainly due to the financing of the investment plan of the company, most of which has been implemented. Download here the pdf