Athens, September 29th, 2017

First Half 2017 Financial Results

During the first half of 2017, the earnings before taxes amounted to 20.3 million euro from 12.2 million euro in the first half of 2016 (reclassified) posting an increase of 66.5%. Earnings after taxes amounted to 11.9 million euro from 7.3 million euro in the first half of 2016 (reclassified), posting an increase of 62.4%. Net profit margin settled at 8% from 5% in the first half of 2016.

The large increase is mainly due to the reclassification of the financial statements of the Company for the period 1.1.2016 to 30.06.2016, which is presented in detail in the notes of the financial statements.

Turnover declined by 1.7% and settled at 151.8 million euro from 154.4 million euro in the corresponding period of 2016.

Earnings before interest, taxes, depreciation and amortization (EBITDA) posted a drop of 32.7% amounting to 29 million euro from 43.2 million euro in the first half of 2016, due to an increase in the various provisions of 11.2 million euro. For the same reason, there is a decrease of 56.6% in earnings before interest and taxes (EBIT) declined to 10.4 million euro from 23.9 million euro in the first half of 2016.

* Alternative Performance Meter: See the section on Alternative Performance Indicators in the six month financial report. The Data & Information for the period from 01.01.2017 to 30.06.2017 are published together with the six-month financial report of the same period and are posted on the Company's web site at www.eydap.gr.