Announcement
VARVARESSOS S.A. turnover during the 9-month period of 2006 reached 20,42 million EURO compared with 19,34 million EURO in the corresponding period in 2005, increased by 5,6%. The company s exports reached 15,09 million EURO against 14,62 million EURO during the same period last year.
Profits before depreciations (EBITDA) has reached 985 thousand EURO contrary to 1,17 million EURO at the corresponding period of 2005, decreased by 16%. Losses before taxes has reached 1,77 million EURO contrary to losses 1,47 million EURO during same period of 2005. Losses after taxes reached 1,99 million EURO contrary to losses 1,18 million EURO during same period of 2005.
On a consolidated basis, the turnover during the 9-month period of 2006 reached 21,32 million EURO compared with 19,81 million EURO in the corresponding period in 2005, increased by 7,5%.
Profits before depreciations (EBITDA) has reached 824 thousand EURO contrary to 1,59 million EURO at the corresponding period of 2005.Losses before taxes has reached 2,37 million EURO contrary to losses 1,39 million EURO during same period of 2005. Losses after taxes and minority rights reached 2,42 million EURO contrary to losses 553 thousand EURO during same period of 2005.