The steady, over the years, increase in its economic figures continued Autohellas-Hertz during the first quarter of 2007. More specifically, consolidated turnover reached Euro 24 mill. from Euro 21.3 mill in last year''s first quarter, an increase of 12.7%.
Respectively, earnings before tax, depreciation, financial and investment activities reached Euro12.8 mill. from 11.4 mill, reporting an increase of 12.5%, with earnings after tax and minority rights amounting Euro763.4 thousands from Euro-569.5 thousands in the fist quarter of the previous year.
Company''s turnover showed an increase of 11.5%, amounting Euro 22.2 mill. from Euro 19.9 mill, with earnings before tax, depreciation, financial and investment activities reaching Euro12 mill, an increase of 13.4%.
Finally earnings after tax for the Company amounted Euro 567.5 thousands from Euro 231.6 thousands in the first quarter of 2006.
It is worth mentioning that historically, the first quarter of each year is the lowest, as far as financial figures are concerned, since most of the company''s profits and revenue are made in the period between May and October, due to the intense seasonality of the tourism market.