Financial results for the 6-month period of 2016

Date: 30.09.2016
Financial results for the 6-month period of 2016

VARVARESSOS S.A. turnover during the 6-month period of 2016 reached 10,23 million EURO as in the same period of 2015. The company’s exports came up to 7,66 million EURO which is 74,87% of the revenues. Profits before depreciation (EBITDA) have reached 215 thousand EURO contrary to losses 590 thousand EURO during the same period of 2015. Losses after taxes reached 572,7 thousand EURO compared to losses 1,37 million EURO in the 6-month period of 2015.

The aforementioned statements are posted at the company’s website

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