Kifissia 29 March 2019

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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.   Download here the pdf