VARVARESSOS S.A.

Financial Results 2015

VARVARESSOS S.A. turnover during 2015 reached 18,7 million EURO compared to 16,3 million EURO in 2014. The company's exports came up to 13,38 million EURO which is 71,58% of the revenues. Profits before depreciation (EBITDA) have reached 1,259 million EURO contrary to profits 2,288 million EURO during the same period of 2014. Losses after taxes reached 3,08 million EURO compared to profits 0,7 million EURO in 2014.

The aforementioned statements are posted at the company's website www.varvaressos.gr.