INTRAKAT Group released its 6M financial results according to I.F.R.S. in accordance with the International Financial Reporting Standards (I.F.R.S.).
Turnaround marked the financial results of the first semester 2007 of Group INTRAKAT as the company turned profitable with remarkable growth rates.
In more detail, consolidated turnover stood at Euro 67.95 mil over Euro 37.85 mil, marking a substantial 79.5% increase from the respective period last year.
During the same period, Group gross profit also marked significant increase and amounted to Euro 7.58 mil. over Euro 2.16 mil in the respective period last year. Accordingly, gross profit margin stood at 11.15% over 5.72% in the first semester of 2006.
Turnover marked the Group's EBITDA in the first semester of 2007 and amounted to gain of Euro 3.62 mil over losses of Euro 1.65 mil last year.
Respectively, group before tax results reported gain of Euro 657 form losses of 1,488 thou in the first semester of 2006, while net after taxes and minorities results amounted to gain of Euro 323 thousands over losses of Euro 1,167 thou in the respective period last year.
The continued growth of the group's operations is attributed to the new specialized projects in the construction sector awarded both in Greece and abroad as well as to the operating restructuring of the steel structure plant.

Regarding INTRAKAT
INTRAKAT was founded in 1987 and belongs to INTRACOM HOLDINGS Group of companies. Since 1999, the company holds a 6th degree contractor's license from the Register of Contractor Companies, and as of November 2001 the company listed on the Athens Stock Exchange. In 2005 INTRAKAT merged by absorption with INTRAMET (steel structure company). INTRAKAT has extensive experience and advanced know-how in the fields of constructions of technical projects, steel structure and telecommunication infrastructure projects. Over the past 20 years, the company implements public and private technical projects regarding: building works, infrastructure projects, advanced technology projects and telecommunications infrastructures, industrial and energy projects, E/M installations, steel structures, natural gas distribution projects and environment projects in Greece and abroad. INTRAKAT group employs 580 people.