The financial performance and results of both the Company and the Group, during the nine month period of 2011, compared with the respective period of the previous year (nine month period 2010) are as follows:

a)      The consolidated turnover amounted to €36.439 million and the company turnover to €35.970 million, showing an increase by 13.04% and 12.54% respectively.

b)      The earnings before interest, taxes, depreciation and amortization (EBITDA) amounted at the Group level at €5.653 million and at the Company level at €5.585 million showing an increase by 15.97% and 19.30% respectively.

c)       The earnings before taxes (EBT) were €3.432 million for the Group and €3.528 million for the Company showing an increase by 18.59% and 23.99% respectively.

d)      The earnings after taxes (EAT) amounted to €2.730 million for the Group and €2.835 million for the Company showing an increase by 44.14% and 50.94% respectively.

e)      Finally the earnings after taxes and minority interest (EATAM) amounted at the Group level €2.742 million against €1.866 million of the respective period of 2010 and showing an increase of 46.94%.

Some other important points are:

1. Other operating income includes an amount of €509,000 received by the Company regarding an extraordinary and non recurring income (receipt of compensation awarded by court) and
2. The Earnings after taxes for the nine month period of 2010 have been burden with the amount of €296,000 for the extraordinary levy imposed by N.3845/2010.

 Without the impact of the above points (i and ii), the Earnings After Tax increase for the Company would be 11.68% and 6.08% for the Group.