INTEREUROPA, d.d., Koper
Intereuropa Group closed the Nine Months with a profit
In accordance with the provisions of the Ljubljana Stock Exchange Rules (Ljubljanska borza d.d., Ljubljana) and the applicable legislation in force, the Company INTEREUROPA d.d., Koper is issuing this release:
Koper, 30 November 2016. The Supervisory Board was informed on its session on the unaudited report for the Intereuropa Group in the term January-September 2016, in which the Intereuropa Group generated € 102.2 million of sales revenue, € 5.5 million operating profit and closed the term with a net profit at € 3.1 million.
In the first nine-month term, the Intereuropa Group scored EUR 102.2 million of sales revenue and achieved a 3 percent growth over the comparable period last year.
On the level of the Group, the Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) came to € 10.4 million. The operating profit in the reporting term was € 5.5 million. The profitability of sales revenues (EBIT margin) was greatly improved: from 3.7 last year it rose to 5.4 percent.
The Financing Profit/ Loss at -2.2 million EUR was attributable to net interest expenses and to foreign exchange losses EUR 0.3 million (which primarily originated from the fall of the Ukrainian currency.) The Group closed the reporting term with a net profit of € 3.1 million, and with a Net financial debt at EUR 79.3 million.
The Intereuropa Group will maintain its course of business on current development and on acquiring new business leading to growth in all our markets, areas/segments and products of its core business. Our top-ranked goals remain maintaining or enhancing the profitability of operations.
The Press Release will be published at the SEO-net and on the web site of INTEREUROPA d.d., at www.intereuropa.si for no less than 5 (five) years.