IONIAN HOTEL ENT.

Nine-month 2014 results

                     

 

 

Nine-month 2014 results

 

 

In the nine-month period ending in September 2014, earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to Euro 5.0 million compared to Euro 2.6 million in the same period last year, while turnover reached Euro 22.3 million from Euro 19.2 million.

The company posted net profit of Euro 430 thousand compared to profit of Euro 1.4 million in the same period of 2013, which was mainly attributed to the positive effect of a change in the tax rate.

 

                                                                        Athens, November 3, 2014