Financial results for the 3-month period 2013

Date: 31.03.2013

Financial results for the 3-month period 2013

VARVARESSOS S.A. turnover during the 3-month period of 2013 increased to 5,83 million EURO compared to 3,76 million EURO in 2012. The company’s exports came up to 3,88 million EURO which is 66,5% of the revenues. The company’s EBITDA amounted to gains 51,9 thousand EURO contrary to losses 759 thousand EURO during the same period of 2012. Losses after taxes reached 553 thousand EURO compared to losses 1,34 million EURO in the 3-month period of 2012.

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