Announcement Regarding the Commentary on Financial Statements
The consolidated Turnover of Voyatzoglou Group for the fiscal year 2024 increased by 11,09% amounting to €41.766 million compared to €37.597 million in the previous year 2023.
Gross Profit rose by 6,96%, amounting to €12.103 million compared to the previous year 2023 (€11.316 million).
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) amounted to €2.503 million (€2.735 million in 2023). Earnings Before Interest and Taxes (EBIT) amounted to €1.201 million (€1.809 million in 2023).
Profit Before Tax amounted to €675 thousand (compared to €1.846 million in 2023), while Net Profit After Taxes and Minority Interests amounted to €560 thousand (compared to €1.610 million in 2023).
The Turnover of the Parent Company VOYATZOGLOU S.A for the fiscal year 2024 increased by 6,73% amounting to €29.278 million compared to €27.431 million in the previous year 2023.
Gross Profit rose by 3,91%, amounting to €8.864 million compared to the previous year 2023 (€8.530 million).
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) showed a profit of €1.515 million (profit of €1.968 million in 2023). Earnings Before Interest and Taxes (EBIT) reached €547 thousand (profit of €1.251 million in 2023). Profit Before Tax for the parent company showed a profit of €785 thousand compared to €1.853 million in 2023, while Net Profit After Tax for the Parent Company amounted to €723 thousand compared to €1.535 million in 2023.
More information regarding the Annual Financial Results can be found on the company’s website at http://www.voyatzoglou.gr.