AXON Α.Ε. ΣΥΜΜΕΤΟΧΩΝ

Profits before taxes increase by 69%

The consolidated turnover of AXON Holdings SA reached 53.6 million euros for the first quarter of 2007, marking an increase of 27% compared to the respective quarter in 2006.
The profits before taxes, financing, investment results and depreciations amounted to 8.4 million euros from 8.3 million euros for 2006 quarter, while the profits before taxes marked a significant increase of 69% and amounted to 8.4 million euros from 4.9 million euros for 2006 quarter.
Finally, the profits after taxes increased to 5.6 million euros from 3.9 million euros (+42%).
The financial results of the group and the company for the first quarter of 2007 published in the Press on 31 May 2007 and they are available on the company website at www.axonholdings.gr and on Athens Stock Market website too.