Impressive economic results for the Euromedica Group in the first half of 2007 After tax profits more than trebled
Euromedica Group's pre-tax net profits rose to 20.59 million euro during the first half of 2007, from 8 million euro during the same period in 2006, amounting to an impressive increase of 157%. Even more impressive was the increase in profits after taxes, which reached 14.3 million euro from 4.5 million euro in the first half of 2006.
The EBITDA profits of the Group more than doubled and amounted to 30.14 million euro from 14.5 million euro in the first half of 2006.
The Group' consolidated turnover increased to 96.9 million euro, from 77.9 million euro, marking a rise of 24.38%.
At the level of the parent company, net pre-tax profits reached 14.7 million euro from 3.3 million euro in the first half of 2006, while after tax profits reached 10.9 million euro from 1.3 million euro in the first half of 2006.
Turnover amounted to 47.5 million euro, marking an increase of 12%, and EBITDA profits amounted to 19.7 million euro with an impressive increase of 166%.
The economic results of the Group and the company for the first half of 2007 will be published in the Press on 31 August 2007, in the KERDOS newspaper. They will also be put up on the company's website at www.euromedica.gr.