IONIAN HOTEL ENT.
First quarter 2014 results
First quarter 2014 results
In the first quarter of 2014, earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to Euro 666 thousand compared to Euro 194 thousand, while turnover reached Euro 6.0 million from Euro 5.2 in the same period last year.
The company posted losses of Euro 0.6 million compared to profit of Euro 2.1 million last year, when there was a tax benefit of Euro 3.0 million from the increase in deferred tax assets due to changes in the tax rate.
Athens, May 27, 2014