DROMEAS S.A. OFFICE FURNITURE INDUSTRY

Press Release

The sales of DROMEAS SA for the first quarter of 2010 continued in a good and steady rate (6,9%),for the specific financial period we are in.
Specifically
A) The turnover of the mother company has an increase of 185 thousand €, or 6,9 % , compared to the same period last year, as it rose from 2,67 mil. € in 2009, to 2,86 mil. € in 2010 , while the turnover of the group has an increase of 210 thousand € or 7,8 % compared to the same period last year, as it rose from 2,69 mil. € in 2009 to 2,90 mil.€ in 2010.
B) The EBIDTA of the company in 2010 were 552 thousand € compared to 209 thousand € in 2009 making a rise of 62,13 % ,while for the group they were 494 thousand € in 2010 compared to 135 thousand € in 2009, marking an increase of 72,67 %.
C) The profit before taxes for the mother company were 97 thousand € compared to a loss of 274 thousand € of the previous period, while the ones for the group were 21 thousand € compared to a loss of 376 thousand € for the same period last year.