Athens, May 30^th 2014

Q1 2014 KEY FIGURES & RESULTS

In Q1 2014, the turnover of the Group and EYDAP S.A., reached the amount of euro 70.7 mn., compared to euro 73.1  mn. in Q1 2013. 

Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to euro 8.4 mn. compared to euro 17.4 mn. of the previous year. Earnings before taxes amounted to euro 9.1  mn. compared to euro 8.6 mn. of the last year's respective quarter. The after-tax earnings in Q1 2014 summed up to euro 5.5 mn. compared to euro 25.7 mn. in Q1 2013. It is noted that for Q1 2013, the change in the corporate tax rate from 20% to 26%, has affected significantly the deferred tax asset by euro 20 mn. improving profits after taxes.