Notos Com Turnover for the 1st 6 months to June 30th 2006 was closed at euro 131.8 mln versus 124.65 mln in the respective period of 2005, i.e. a 5.74% increase.
In contrast to the marginal increase recorded in Q1 of 2006, Gross Profit was up by 3.93% at the end of the 6 months, at 59.75 mln euro from 57.49 mln euro last year. The limited drop in the Gross Profit Margin from 46.12% on Turnover in the first half of 2005 to 45.33% in 2006 is due primarily to the prolonged (by 2 weeks) winter sales period this year.
Pre tax Profits were 9.33 mln euro versus 12 mln euro in 2005. After Tax Profits at 5.32 mln euro, compared to 8.05 mln euro last year, were burdened with additional taxes of 1.82 mln euro from previous financial years which were imposed after finalization of the tax audits for 2003 and 2004.