IONIAN HOTEL ENT.

First half 2014 results

                     

 

 

 

 

First half 2014 results

 

 

In the first half of 2014, earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to Euro 3.2 million compared to Euro 1.8 million, while turnover reached Euro 14.7 million from Euro 12.7 in the same period last year.

The company posted net profit of Euro 127 thousand compared to profit of Euro 1.8 million in the same period of 2013, which were mainly attributed to the positive effect of a change in the tax rate.

 

                                                                                    Athens, August 26, 2014