NINE MONTHS 2014 FINANCIAL RESULTS
Athens, November 28th, 2014
NINE MONTHS 2014 KEY FIGURES & RESULTS
Turnover of the Company in the first nine months of 2014 amounted to euro 246 million from euro 264 million in the first nine months of 2013, affected mainly by the implementation of the new tariff with lower charges for the consumers, within the frame of Company's social policy, and to the decrease of the water demand.
The operating cost before depreciations, decreased to euro 173 million in the first nine months of 2014 from euro 179 million in the corresponding period of 2013.
Company's earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to euro 74 million compared to euro 83 million in the first nine months of 2013, while the earnings before taxes of the Company amounted to euro 58 million against euro 64 million in first nine months of 2013.
The after tax earnings in the first nine months of 2014 amounted to euro 41 million compared to euro 75 million in the corresponding period of 2013.
It is noted that the after tax earnings of the nine month period of 2013 are not comparable, due to the positive impact of deferred taxes during the period.