19 November 2017
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Papoutsanis reports 12,5% jump in sales

15 September 17 - RE+D Magazine
Papoutsanis reports 12,5% jump in sales

COMPANIES

ETAD.A.E.

Public entity - GREECE

ΕΡΡΙΚΟΣ ΑΡΩΝΕΣ

Investment - GREECE

NBG PANGAEA

REIΤ - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Aristotelis Karytinos

CEO of NBG Pangaea REIC NBG Pangaea REIC

Antulio Richetta

Director IBI Group
Papoutsanis ABEE reported a 12.5 pct increase in sales in the first half of 2017 to 10 million euros from 8.9 million in the same period in 2016.

 

Exports totaled 3.7 million euros, or 37 pct of total turnover.

Gross earnings totaled 2.8 million euros in the January-June period, from 2.6 million last year, an increase of 10.4 pct, while gross profit margin eased to 28.2 pct from 28.7 pct hit by an increase in raw materials' prices.

Pre-tax profits amounted to 250,000 euros in the first half from profits of 190,000 euros last year, while after tax profits totaled 120,000 from 100,000, respectively.

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