According to the financial results of EYATH S.A for the fiscal year 2007 there has been an impressive increase in profits.
In particular, earnings before taxes reached 17,487 million Euros in 2007 as opposed to 13,656 million Euros in 2006, thus increasing by 28, 06%.
Earnings after taxes reached 12,741 million Euros in 2007 as opposed to 9,64 million euros in 2006, thus increasing by 32,17%.
The Company's turnover reached 70,100 million in 2007 as opposed to 66,035 million Euros in 2006, thus increasing by 6,16%.
Earnings per stock reached 0, 35 euros/ stock as opposed to 0,27 euros/stock in 2006 thus increasing by 29,63% while cash reserves were reinforced by 27, 1% and reached 13,152 million Euros.
The President and Managing Director of EYATH S.A Mr. Georgios Skodras, commenting on the positive course of the Company' s financial results, points out that it is due to a rationalization of expenses and restraint of operating cost.
It is worth mentioning that in comparison with the respective results of the fiscal year 2004 there is an increase in earnings before taxes from 8,574 million Euros to 17,487 million Euros, a percentage of 103, 96%, in earnings after taxes from 4,478 million Euros to 12,741 millions Euros, a percentage of 184,53%, while the turnover increased from 55,235 million Euros in 2004 to 70,100 million Euros in 2007, a percentage of 26, 92%.