IONIAN HOTEL ENT.

NINE-MONTH 2012 RESULTS

 

 

 

 

Nine-month 2012 results

 

In the nine-month period to September 2012, the Company posted losses of Euro 2.9 million compared to profit of Euro 0.4 million in the same period last year. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to Euro 1.1 million compared to Euro 5.1 million, while turnover reached Euro 17.2 million from Euro 23.6 million in the same period last year.

 

 

                                                                       Athens, November 22, 2012