PRESENTATION OF ELVAL TO THE ASSOCIATION OF GREEK INSTITUTIONAL INVESTORS
In the context of the annual regular briefing of ELVAL to the Association of Greek Institutional Investors, ELVAL Group was presented thereto this day, Tuesday, 14 May 2013. During the presentation, an overview of the performance, production facilities and products was given and was followed by an analysis of the results of 2012. ELVAL operating continuously since 1973 in the sectors of rolled and extruded aluminum products, producing products for food packaging, automotive and transportation, construction industry, etc. In modern production facilities at Oinofyta, Magoula, United Kingdom and Bulgaria have invested significant amounts in the last ten years, to improve the products and increase production capacity leading to a consistent volume growth. During 2012, the GroupΆs sales volume rose by approximately 4% in relation to 2011 and stood at 331,000 tons while, the consolidated turnover stood at ¤1,063.8 million, compared to ¤1,062.3 million in 2011. Gross profits amounted to ¤80.8 million; earnings before interest, taxes, depreciation and amortization to ¤80.2 million; earnings before tax to ¤22.6 million and, finally, earnings after taxes and non-controlling interest to ¤21.7 million compared to ¤17.4 million in 2011 (earnings per share: ¤0.174 compared to ¤0.140 in 2011). The investments of the Group for 2012, amounted to ¤46,0 million, but the strong operating inflows led to the reduction in net debt of the Group to ¤209.7 million compared to ¤232.7 million in 2011. Note: The presentation has been uploaded on the CompanyΆs website: www.elval.gr and the website of Athens Stock Exchange: www.athex.gr.
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