Financial results for the 9-month period of 2012

Date: 29.11.2012

Financial results for the 9-month period of 2012

VARVARESSOS S.A. turnover during the 9-month period of 2012 reached 10,78 million EURO compared to 14,90 million EURO in 2011. The company’s exports came up to 6,64 million EURO which is 61,5% of the revenues. Losses before depreciation (EBITDA) have reached 1,70 million EURO contrary to gains 416 thousand EURO during the same period of 2011. Losses after taxes reached 3,46 million EURO compared to losses 1,84 million EURO in the 9-month period of 2011.
The aforementioned statements are posted at the company’s website

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