Monday
20 August 2018
ADVERTS

Petropoulos Group reports a drop in sales for 2017

08 March 18 - RE+D Magazine
Petropoulos Group reports a drop in sales for 2017

COMPANIES

Pepper Hellas

Consultant - GREECE

PEOPLE

The Petros Petropoulos Group reported lower sales but higher profits in 2017.

 

Consolidated sales fell 21.5 pct to 73.2 million euros (93.2 million in 2016), while pre-tax earnings grew 33.3 pct to 3.2 million euros from 2.4 million in the previous year. After tax and minorities earnings jumped 76.9 pct to 2.3 million euros in 2017 from 1.3 million in 2016.

EBITDA rose 1.8 pct to 5.7 million euros in 2017, from 5.6 million in 2016.

Total bank loans grew 23.1 million euros, net bank borrowing fell to 9.6 million, while cash grew to 13.5 million euros in 2017. The group's solvency rate was 58.5 pct in 2017, from 56.5 pct a year earlier.

Comments

You must be logged in to make a comment
WAVE MEDIA OPERATIONS IKE © 2001-2017 | Όροι Χρήσης
Internet Business Hellas