Financial results for the 6-month period of 2014

Date: 29.8.2014

Financial results for the 6-month period of 2014

VARVARESSOS S.A. turnover during the 6-month period of 2014 reached 9,20 million EURO compared to 10,61 million EURO in 2013. The company’s exports came up to 6,16 million EURO which is 66,98% of the revenues. Losses before depreciation (EBITDA) have reached 843 thousand EURO contrary to profits 13,72 million EURO during the same period of 2013. Losses after taxes reached 1,61 million EURO compared to profits12,72 million EURO in the 6-month period of 2013.
The aforementioned statements are posted at the company’s website

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