For the period 1/1/2007-30/09/2007 all financial figures of the group and the company presented a considerable positive increase.
At group level, taking into consideration that the results of the company Beogradsko Mesovito Preduzecee A.D. , owner of hotel Hyatt Regency Belgrade which is occupied by 51% from 6/6/2006 by Lampsa , are consolidated , the financial results are:
The revenues amounted euro 43,15 millions, EBIDTA amounted euro 15,48 millions and the profit before taxes amounted euro 11,24 millions. These figures compared to the results of the mother company for the year 2006 present an increase of 68,4% for the revenues, 93,5 % for EBIDTA and 125,6 % for the profit before taxes .
The mother company revenues ( according to IFRS ) amounted euro 29,30 millions versus euro 25,62 millions of previous period 2006 , representing an increase of 14,4 %.
The profit before taxes, interests and depreciation (EBIDTA) amounted euro 10,28 millions versus euro 8,00 millions of previous year 2005 , representing an increase of 28, 5 % .
The profit before taxes amounted euro 6,20 millions versus euro 4,98 of previous year 2006 representing an increase of 24, 6 % .
The occupancy of hotel Grand Bretagne increased by 4,3% versus 2006 while the average room rate was considerably increased by 6,1% versus 2006 and it is higher than the average room rate of all other 5 star Athens hotels by euro 110 , as per published statements.