Sfakianakis Group on Thursday said sales totaled 205.2 million euros in the January-September period this year, up 16.7 pct from the same period in 2015, while parent sales rose 17.6 pct to 169.8 million euros.
Consolidated gross earnings amounted to 53.7 million euros (up 12.3 pct) and parent gross earnings totaled 17.1 million (+12 pct) in the nine-month period. EBITDA jumped 38.2 pct to 23 million euros, from 16.7 million in 2015, while operating results showed a profit of 1.4 million euros from a loss of 500,000 euros last year. Pre-tax losses fell to 3.7 million euros (group) from 7.9 million in 2015 and 12.3 million (parent) from 11.6 million over the same periods, respectively.
The company said group results have been burdened by an investment loss of 3.9 million euros. Excluding this, pre-tax results showed earnings of 100,000 euros (group), up 101.5 pct and a loss of 8.4 million euros (parent), down 27.4 pct.
Sfakianakis said car registrations totaled 63,216 in the nine-month period, up 8.6 pct from the same period in 2015.
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