EUROMEDICA S.A.

Impressive financial results of the Euromedica Group for the 1st Quarter 2007 - Significant increase of consolidated profits before taxes of 64%

The consolidated turnover of Euromedica SA for the first quarter of 2007 amounted to 48.77 million euros, marking a significant increase of 36% in relation to the respective quarter of 2006. The EBITDA profits of the group amounted to 10.7 million euros from 6.8 million euros for the 2006 quarter, marking an impressive increase of 56.8%. Even more impressive is the increase in profits before taxes (+64%), which reached 6.13 million euros from 3.75 million euros during the respective period of 2006, while the profits after taxes increased by 29% and reached 3.58 million euros from 2.8 million euros in the first quarter of 2006.
At a parent company level, the turnover amounted to 23.7 million euros marking an increase of 14%, the EBITDA profits reached 4.7 million euros with a 45% increase, while the results before taxes marked an increase of 63.5% reaching 2.4 million euros from the previous 1.5 million euros.
The financial results of the group and the company for the first quarter of 2007, will be published in the Press on 31 May 2007, in the newspaper KERDOS. They will also be available on the company website www.euromedica.gr on the same day.