COMMENTS ON SEMI-ANNUAL FINANCIAL RESULTS
EYATH SA demonstrated high profitability and liquidity, continuing its good performance, despite the economic sentiment, as shown in the 6 month financial results of the current fiscal year.
Specifically, in the first 6 months of 2013, the Group turnover amounted to 36.2 million euros against 37.76 million euros in the corresponding period last year (a decrease of 4.3%). Gross profit amounted to 14.25 million euros against 16 million euros (a decrease of 11.4%), while the pre-tax profit amounted to 11.1 million euros against 14.29 million euros in the corresponding period last year (a decrease of 22.3%). Profits after tax amounted to 9 million euros compared with 11.3 million euros in the corresponding period last year (a decrease of 20.2%).
The results of this semester demonstrate the actual situation of the company: healthy financial structure, significant cash reserves, operating cash flow.