The purpose of the present release is to present the Group's financial results for the 1st quarter of 2014 and to highlight the basic factors that contributed to such.

According to the Management, the first quarter 2014 was characterized by improved levels of turnover and operating profit. More specifically, the basic financial figures of the Group during the first quarter of the current year as compared to the corresponding quarter of the year 2013, settled as follows:

The major factors contributing to the Q1 2014 financial results of the Group are presented in synopsis:

- Increase of sales volume

- Improvement in the production cost due to the effective control of the fixed production expenses

- Improvement in the product mix and the customer portfolio

-Increase in restructuring expenses due to the implementation of the strategic plan in the Group's subsidiaries

On 31.03.2014, the Net Band Debt of the Group amounted to € 35.7 million and the ratio “Net Bank Debt / Equity” settled at 0.3x.

With regard to the course of the second quarter of the current year, the same pace of improvement is anticipated as compared to the corresponding period of the year 2013.

For further clarifications or information regarding the present release you may refer to Ms Ioanna Karathanasi, Head of Investor Relations, tel: + 30 210-9875081.