EURODRIP Α.Β.Ε.Γ.Ε.

Financial Results Q3 2008.

Eurodrip Group announces its financial results for the nine month period of 2008. The key financial figures that marked a significant increase compared to the corresponding last year period of 2007, are as follows:
Consolidated Earnings After Tax and Minorities rose to euro 2.4 million against euro 1.8 million for the relevant nine month period of 2007, posting an increase of 37%.
Consolidated Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) amounted to euro 7.3 million for the period in question, compared to euro 5.1 million for the previous corresponding period of 2007, increased by 44%.
Consolidated turnover increased by 33% and rose to euro 52.1 million, vs euro 39.2 million in the respective nine month period of 2007.
The financial figures of the parent company that marked a significant increase as well, are as follows:
Earnings After Tax rose to euro 1.0 million against euro 0.85 million for the relevant nine month period of 2007, representing an increase of 18%.
Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) amounted to euro 3.3 million, compared to euro 2.2 million for the previous corresponding period of 2007, posting an increase of 55%.
Turnover increased by 35% and amounted to euro 27 million for the nine month period of 2008, as opposed to euro 20.0 million during the previous corresponding period of 2007.
Τhe Financial Statements will be released on Saturday 29 of November .