Athens, September 28^th, 2018

 H1 2018 Financial Results

During the first half of 2018, EYDAP delivered improved results, proving the consistency and dynamics of its operation.

Specifically, the turnover in the first half of 2018, amounted to ¤ 153.4 mn from ¤ 151.8 mn in the corresponding half of 2017, increased by ¤ 1.6 mn (+ 1.1%). The simultaneous decrease in operating costs by ¤ 5.7 mn (-4.0%), formed at ¤ 136.8 mn, increased gross profit margin by ¤ 3.7 mn (+ 6.4%), reaching ¤ 61.2 mn from ¤ 57.5 mn in the first half of 2017.

Regarding the performance measures, earnings before interest, taxes, depreciation and amortization (EBITDA)* increased by ¤ 7.7 mn (26%) amounting to ¤ 36.7 mn from ¤ 29 mn in the first half of 2017, while the EBITDA margin was formed at 23.9% from 19.1%.

Similarly, an increase of 67.8% was recorded in earnings before interest and taxes (EBIT)* which amounted to ¤ 17.4 mn from ¤ 10.4 mn in the first half of 2017.  EBIT margin stood at 11.4% from 6.8%.

Earnings before taxes also increased by 28%, during the first half of 2018, amounting to ¤ 26.1 mn from ¤ 20.3 mn in the first half of 2017.

Earnings after taxes amounted to ¤ 17.9 mn from ¤ 11.9 mn in the first half of 2017, posting also an increase of 50%. Free Cash Flows (FCFF) increased to ¤ 47.3 mn from ¤ 34.5 mn in the first half of 2017.

The Company's goal is to further rationalize costs and continually improve and simplify corporate processes through the digital transformation that is being followed, while maintaining the high quality of its services.

* Alternative Performance Measure- See section Alternative Performance Measurement Indicators in the Semi Annual Financial Report 2018, which is posted on the Company's web site at www.eydap.gr.