Today Rilken S.A. publishes the nine months results of 2007 as well as the consolidated financial statements of the Rilken Group.
In the first nine months of 2007, the company realized sales of 29,656 T euros, an increase of 75% compared to the corresponding period of the previous year. All sectors achieved a balanced growth, while a significant portion of the increase is the result of the transfer of Henkel Hellas cosmetics business to Rilken S.A.
Gross profit increased similarly by 74% and amounted to 18,409 T euros versus 10,583 T euros in the nine months period of 2006, while earnings before interest and tax increased by 93% recording a profit of 957 T euros against 496 T euros of the previous year. Apart from the above mentioned sales increase, the improved profit was the result of operating expenses growing at a lower rate than sales.
After tax, the company's profit increased by 30% and amounted to 384 T euros compared to a profit of 297 T euros in 2006.
Rilken Group results are identical with the company?s results, as they came exclusively from Rilken's activities. There are no commercial transactions on behalf of its subsidiaries (SCHWARZKΟPF & RILKEN HELLAS & ZAO RILKEN MOSCOW), which are in the final phase of liquidation.
After tax, the Group recorded a profit of 382 T euros versus 154 T euros in the corresponding period of 2006. Earnings per share, finally, amounted to 0,11 euros.
The nine months results of 2007 have been posted on the company's website www.rilken.gr
Rilken S.Α. is an Athens based manufacturer and marketer of cosmetics, specialized in hair care products. The Company is a member of the Henkel Group, which is the major shareholder of Rilken S.A. via its subsidiary Henkel Hellas S.A.
Contact: Martha Bonou Tel: (+30) 210 4897205
Fax: (+30) 210 4897102
E-mail: Martha.Bonou@gr.henkel.com