IONIAN HOTEL ENT.

FULL YEAR 2013 RESULTS

 

Full year 2013 results


In 2013, the Company posted net profit of Euro 0.8 million compared to losses of

Euro 4.1 million last year. Earnings before interest, tax, depreciation and amortisation

(EBITDA) reached Euro 4.1 million compared to Euro 1.3 million, while turnover was

Euro 26.1 million from Euro 23.4 million last year.

The Board of Directors will propose to the Annual General Meeting of Shareholders

not to distribute a dividend for the financial year 2013.


                                                                                                    Athens, March 6, 2014