MLS: Doubled  its turnover in first semester of 2015, + 37% the net profit after tax

MLS posted high growth for a 12th quarter in a row.

The company¶s turnover increased by 114% in the first semester of 2015 amounting  to 10.89 mln euros from 5.08 mln euros last year. Net profit after tax increased by 37% at 1.46 mln euros versus  1.06 mln euros  in the first semester of 2014.EBITDA increased by 24% at 3.11 mln euros versus 2.51  mln euros last year. The company¶s equity has increased to 22.02 mln euros compared to 21.12 mln in 31.12.2014.

Commenting on the financial results of the first semester of 2015,  President and CEO of MLS mr.John Kamatakis stated:

MLS has entered  an era of strong growth and the present or future developments in Greece can only have a small effect . Sometimes the difficulties help to strengthen a company and  change level. In MLS we believe this is exactly how it has worked for us. We are excited about the recent release of the new category of smartphones under the name "Diamond" the first of which is the slimmest 5 "mobile phone in the world. Finally, today we reveal that the new big  category MLS  has   announced, is the MLS Super Smart TV. For 20 months, we have methodically  created a truly smart TV and we believe that it will improve and change - now more than ever -  our daily life (Making Life Simple). The  MLS Super Smart TV will be released in the market next month. "