FINANCIAL RESULTS 2014 FULL YEAR (Correct Repetition)
MLS Multimedia SA: Turnover +58% and net profit +44% in 2014.
MLS announces the financial results for the year 2014: The company's turnover increased by 58% compared to 2013, amounting to 14.38 million euros. Net profit after tax are increased by 44% at 1.68 million versus 1.17 million in 2013. EBITDA at 5.58 million versus 5.57 million euros in 2013 while earnings per share amounted at 0.136 euro.
The company's equity has increased to 21.1 million on 31.12.2014 compared to 19.5 million in 2013.
It is noteworthy that MLS has zero bank loans while the company's cash reserves and equivalents are estimated at 2,4 million euros.
Commenting on the financial results of 2014, the chairman and CEO of MLS Mr. John Kamatakis stated: "Our excitement and love for what we do lead us to constant improvement in order to achieve our goal: Making Life Simple. In February 2015 the Greeks have given MLS the leading position in the tablet market (rising above companies like Apple and Samsung), empowering our belief that we are only at the beginning of an era of creative development that will lead to astonishing innovative services and products. On that aspect, we will be soon announcing a new series of products ready to be launched in the Greek market. Our goal is set to make 2015 the best year in the company's25 -year history.